10 Best Micro Cap Stocks to Buy Now

5. Taylor Devices, Inc. (NASDAQ:TAYD)

Market Capitalization: $101.064 million

Taylor Devices, Inc. (NASDAQ:TAYD) is a New York-based powerhouse involved in the design, development, and marketing of shock absorption, rate control, and energy storage devices for use in capital equipment. The core offerings of the company include Seismic dampers, Fluidicshoks, Crane and industrial buffers, and Vibration Dampers. With over 60+ years of experience in the shock and vibration control field, the company offers its products to a diverse range of industries, including defense, automotive, industrial, bridges, and steel.

Interestingly, the stock has delivered over 200% returns over five years, which makes it one of the best micro cap stocks. The reason is that TAYD is a debt-free and low-competition stock. With returns on its assets higher than 91% of its sector and EBITDA margins above 83% of the sector, TAYD can be considered unmatched. Tim Sopko, Chief Executive Officer of Taylor Devices, Inc. (NASDAQ:TAYD) made the following comment about the company’s performance:

“As we enter the 2nd half of our FY25, we will continue to aggressively target opportunities where our custom-engineered products are critically needed and valued by our customers in all three of our chosen markets; Aerospace/Defense, Structural, and Industrial, which we expect will continue to support our profitable growth going forward.”

While the gross margin stands at 47%, the profit margin is reported to be approximately 20%. Taylor Devices, Inc. (NASDAQ:TAYD) is currently in a robust financial state with the potential to withstand demand slumps, and the debt-free characteristic of TAYD further underscores its strong footing in this very capital-intensive nature of the industry.