10 Stocks Under $10: Art Technology Group (ARTG)

Art Technology Group (NASDAQ: ARTG) dabbles in the fine art of business, providing software that helps with customer-service needs, including online-sales management. Included on the firm's roster of past and present clients are Best Buy (NYSE: BBY), Citibank (NYSE: C), and Target (NYSE: TGT).

When the company last visited the earnings confessional in late October, it reported a 64% jump in revenue to $35.9 million, thanks in large part to gains in services revenue. For fiscal 2007, ARTG expects to bank revenue of $130 million to $133 million, with a small net loss of $5 million to $7 million expected for the full year as well.

For much of the past decade, ARTG has struggled in penny-stock territory. From early 2002 through early 2006, the stock enjoyed precious little movement north of the $2.00 zone. Currently, thanks to some recent solid price action, ARTG shares are trading in territory not explored in nearly six years. In the wake of last month's earnings report, the stock spiked higher to overtake its April 2006 peak and pass the $4.00 level.