BOSTON ( TheStreet) -- Investors have overlooked the inherent value of the following five companies, which receive five-star ratings from Morningstar. Still, they have many challenges. Morningstar predicts the stocks could more than double as business fundamentals improve. Below, they are ordered by potential return, from great to best.5. GenOn Energy (GEN) is an independent power producer, with exposure to volatile commodity markets. It was formed through the all-stock merger of Mirant and RRI. The combined entity boasts a stronger balance sheet and competitive position. Both companies struggled after the peak of the last commodity cycle, with Mirant entering bankruptcy and RRI selling its retail business to NRG Energy. Independent power producers are "price-takers" and low natural gas prices have hurt GenOn's higher-cost coal plants. Energy prices remain low.
5 Turnaround Stocks That Could Double
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