Under the Radar: Three Stocks Set to Double [Video]
Viewers of our Under the Radar series have had the opportunity to generate some great returns recently. Last August, Hilary Kramer, editor of GameChangerStocks.com, stopped by our offices and recommended that investors buy shares of Dole (DOLE). The stock, then trading at $9.80, now trades above $14 per share -- a 44% increase in less than six months months. A month earlier, Kramer recommended Fortress Investment Group (FIG), then trading at $4. These shares now trade around $6.70 - an increase of 68%.
In this video, Kramer now offers up three stocks that she says could double. Among her picks: a company called YM Biosciences (YMI) that is creating cancer drugs with terrific prospects. According to Kramer, oncologists have promising data for YMI's drugs and the results will be presented in June, which could be big news for the stock.
Sponsored LinksKramer also likes MPG Office Trust (MPG), a real estate investment trust with properties in Los Angeles. While this REIT carries a lot of risk, it is a play on the rebounding housing market in Los Angeles. Kramer says that MPG is getting rid of a lot of non performing properties and "smart money" is increasingly focused on MPG.
Finally, Kramer says that shares of Metalico (MEA) -- a scrap metal recycling company -- could double within two years. Scrap metal, it turns out, is a big business and as the price per ton of scrap metal continues to rise and as Metalico buys up scrap metal recyclers on the eastern seaboard, these shares could do very well.
Listen to the short video to find out more about why these stocks have great upside potential.
Hilary Kramer is editor of the investment newsletter GameChangerStocks.com.
Come See Hilary Kramer at the World Money Show in Orlando, Fl., February 9 to 12, 2011.