This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

13 Hot Stocks Poised to Double, Triple ... Even Quadruple

FARO Technologies (FARO)

Number of Analysts: 6

Average Recommendation: Outperform

Stock Price/Earnings Ratio vs. Industry's: 630.89%

Market Cap: $361 million

Trailing Twelve-Month Operating Margin: 4.8%

Trailing Twelve-Month Revenue: $169.7 million

What's to Like About FARO Technologies Stock: "This company has no debt and about $100 million of cash, so they have about $7 a share in cash," Eric Marshall of the Hodges Fund said in September. "They make capital equipment for precision measurement that uses 3D imaging technology to go out and do computer animated measurements that can then be compared against drawings and so forth in the engineering process. It's used by manufacturers; it's used by the military. Big customers are Boeing (BA), the auto companies and so forth."

"There are about four different types of measurement products that they use -- they're all kind of digital measurement products that tend to be early cyclical. They tend to do really well in the early stages of the business cycle."

"The company stock price has been kind of depressed -- forgotten about. But this is a company that has the potential in an earnings recovery to really see earnings get back to the levels of a few years ago. They're only expected to do 65 cents this year, and $1.20 for next year. And then the following year, beyond that -- I think this is a company that could potentially do $3 or $4 a share; has the ability to grow at a 20+% growth rate due to the fact that there are really new markets being opened up for the type of measurement applications that their products are used for."

9 of 16

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
COSWF $7.76 0.00%
AAPL $126.37 0.00%
FB $83.20 0.00%
GOOG $552.03 0.00%
TSLA $190.57 0.00%


DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs