TheStreet.com (NDAQ:TSCM) announced record traffic of over 6 million unique visitors to its recently-redesigned website each month. The company is benefiting from its acquisition of Corsis and other acquisitions that it has made recently in the financial sector. TheStreet.com reported record revenue of $16.1 million for the quarter - a 24% increase over the same time last year.

"We had a record quarter where our total revenue grew 24% from the same period last year," said Thomas J. Clarke Jr., chairman and chief executive officer of TheStreet.com. "With our recent acquisitions and the many other initiatives we have undertaken, TheStreet.com has dramatically altered and broadened the landscape of opportunities for the Company. I look forward to cohesively and profitably integrating these opportunities as we strive toward becoming the premier online destination for money."

TheStreet.com's acquisition of Corsis, a leading provider of custom solutions for advertisers, enabled it to shift into higher-margin advertising. The acquisition included the internet property Promotions.com, which is known for working with some of the largest brands in the world. The company's subsidiary, StockPickr, also become the first financial social networking website to surpass 100,000 user-generated portfolios.

These acquisitions, combined with a series of new partnerships, has propelled TheStreet.com's earnings and future outlook as it diversifies its revenue base and expands into other markets. All in all, TheStreet.com is definitely a high-growth stock that is worth watching!

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