Looking for companies that are growing fast, but are still ignored by Wall Street? Hilary Kramer, editor of GameChangerStocks.com
says that two of her favorite are Boston, Mass.-based SatCon Technology Corp. (SATC
) and the shipping company, Charlotte, N.C.-based Horizon Lines (HRZ
). The two companies operate in completely different businesses, but both have terrific growth potential, according to Kramer.
SatCon is in the rather dry business of making inverters, which helps utilities take solar energy and wind power and upload it to the traditional grid. It solves a problem that has prevented the growth of many alternative energies. As a result, many utilities and companies see the opportunities SatCon provides. The company already supplies its technology to Johnson Controls (JCI
), Chevron (CVX
), Consolidated Edison (ED
) and others and Hilary says that has business picks up, this one could be a "ten-bagger" for investors.
Another company that Kramer says has great opportunities ahead is Horizon Lines. While shipping may not seem like a great business to be in these days, as the economy slumps, this shipping company has a competitive advantage over others -- it operates under the Jones Act which prevents foreign ships from competing with U.S. ships in certain U.S. channels. Kramer says that this company is back to profitability but is undervalued -- a nice combination.