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Midland Capital Holdings Corp. (MCPH)

This very small-cap bank had significant upside. Our second recommendation is a sale of a January Top Pick.

Buy: Midland Capital Holdings Corp. (MCPH)
From Hughes Investment Management

Even though Midland Capital Holdings Corp. (MCPH) is up 50% so far this year, there is still 100% more upside, as book value is $36+ a share, and many deals in Chicago this year have gone for much more than book. Since this is a small bank, book is the best we feel they can get.

The bank has no bad loans and insiders own 55%, so they will sell one day soon as, the owners are getting old. There’s no downside risk and also a small cash dividend.

Buy all day long under $22. Use limits as always.

Douglas Hughes, Hughes Investment Management,, 888-814-7575, June 29, 2016