December 15th, 2015

AllPennyStocks.com News: Micro Cap's Pivot to Automation & Profitability Starting To Get Noticed By Wall Street

Mississauga, ON -- (SBWIRE) -- 05/22/2020 -- AllPennyStocks.com Media, Inc. (https://www.AllPennyStocks.com/) announces its latest article titled "Micro Cap's Pivot to Automation & Profitability Starting To Get Noticed By Wall Street."

Companies mentioned in this article include Amazon.com (NASDAQ:AMZN), Netflix (NASDAQ:NFLX),

Microsoft (NASDAQ:MSFT), BlackBerry (NYSE:BB) (TSX:BB) and ENGlobal (NASDAQ:ENG).

Article Excerpt:

Many businesses pivot to keep pace with the times. Amazon.com (NASDAQ:AMZN) was once only an online bookstore before ultimately revolutionizing online shopping. Netflix (NASDAQ:NFLX) began as a DVD delivery service. And decades ago, Microsoft (NASDAQ:MSFT) was nearly entirely hardware and BlackBerry (NYSE:BB) (TSX:BB) was king of commercial smartphones.

Who knows where any of these companies would be today had management not had the vision to change direction?

In 2018, ENGlobal (NASDAQ:ENG) decided it was time to pivot away from low-margin, manpower-intensive jobs as an engineering consulting firm, and move into offering turnkey modular process and automation systems primarily to the global energy sector. The plan was to correct declining revenue and net losses by providing these much-needed, higher-margin solutions -- while leaning to a much lesser degree on its lower-margin engineering consulting and technical staffing unit.

The full version of this article can be found at:
https://www.allpennystocks.com/specialreportsus/1327/micro-caps-pivot-to-automation-profitability-starting-to-get-noticed-by-wall-street

About AllPennyStocks.com
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Contact:

AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com

Note: AllPennyStocks.com has been compensated eight thousand five hundred dollars by the company for its efforts in presenting the ENG profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: https://www.allpennystocks.com/spotlight/54/englobal.

For more information on this press release visit: http://www.sbwire.com/press-releases/allpennystockscom-news-micro-caps-pivot-to-automation-profitability-starting-to-get-noticed-by-wall-street-1292063.htm

Media Relations Contact

Peter Szafranski
Telephone: 1-905-361-5680
Email: Click to Email Peter Szafranski
Web: http://www.allpennystocks.com

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