Two of the stocks we have been tracking for awhile may now be ready. In fact, we have been watching one of the two for over a year now. The two companies are Sierra Wireless Inc. (SWIR) and Radiant Systems Inc. (RADS).

SWIR recently fell from $21.18 to $11.76, nearly slicing the market cap in half. However, it is now bottoming out on a support line, with a second support line directly underneath at approximately $11.

Here are some quick facts on the company:

• 6 Analysts believe it's a "Strong Buy," 4 Believe it's a "Moderate Buy," 5 believe it's a "Hold," and 1 believes it's a "Moderate Sell"
• The stock has a P/E Ratio of 8.96 vs. 12.46 for the industry, while its sales growth outperforms the industry by 349%
• The company has $0 debt and $197.24 Million in cash
• 24.49% is held by insiders, while institutions hold 64.30%
• 39% of the float is shorted, which means there could be a huge short squeeze if they are given a reason to cover
• Some of the largest institutional holders of SWIR have been increasing their positions

Radiant Systems Inc. (RADS) also holds promise for investors looking to take their portfolio up to the next level. The stock has traded between $9 and $18 for the past 4 years and is now back at its low. Although it broke through momentarily last week, the stock recovered and is now looking good for a bounce.

Here are the quick facts on this one:

• 1 analyst believes it's a "Strong Buy," while another believes it's a "Hold"
• The P/E Ratio is 21.1 vs. 27.1 for the industry, while Forward P/Es are 20.7and 26.7 respectively
• The company has $72 Million in debt and $18 Million in cash
• 14.31% is held by insiders, while institutions hold 82.80%
• Insiders were consistently selling shares over the past three years, but have sold nothing since the first of May
• Institutional accumulation has been strong with 7 institutions increasing their position 100% or more over the last 10 days