3 stocks under $1 that should be on your watch list | Motley Fool Australia: "Empired Ltd (ASX: EPD) – Empired has a market capitalisation of $99 million and last traded at 83.5 cents. It is Australia’s largest dedicated Microsoft focused IT services business that has been servicing some of Australia’s largest corporations since 1999. More recently, it has secured a number of large contracts and upgraded its FY16 revenue guidance to between $155-$175 million. In order to service these new contracts, Empired has had to invest in additional staff and this is likely to place pressure on margins over the coming year. Despite this, Empired remains one of Australia’s fastest growing technology companies and should have a place on the watchlist of every growth investor."
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