Below we present the list of top 5 stocks with growth potential according to Juniper Investment Company. For our methodology and a more comprehensive list please see Top 11 Stocks With Growth Potential According to Juniper Investment Company.
5. Twin Disc, Incorporated (NASDAQ:TWIN)
Kicking off the second-half of our list of Juniper Investment Company’s top growth stock picks is Twin Disc, Incorporated (NASDAQ:TWIN), which supplies power transmission equipment to various industries, including marine and industrial. Juniper owned over 1.02 million shares of Twin Disc, Incorporated (NASDAQ:TWIN) at the end of September, unchanged from a quarter earlier. The position was valued at $10.93 million.
Hedge funds are hoping that with a recovery in the oil and gas industry, more demand for pressure pumping equipment will fuel Twin Disc, Incorporated (NASDAQ:TWIN)’s growth. If demand rebounds to pre-pandemic levels, the company could enjoy an added $50 million in revenue and $20 million to $25 million in EBITDA cash flow.
4. Misonix, Inc. (NASDAQ:MSON)
Juniper Investment Company’s stake in Misonix, Inc. (NASDAQ:MSON) also remained unchanged during Q3, standing at 465,920 shares valued at $11.79 million at the end of September. 11 hedge funds were long Misonix, Inc. (NASDAQ:MSON) at the end of Q3, several having enjoyed the stock’s doubling in value over the previous two quarters.
Misonix, Inc. (NASDAQ:MSON) pulled in fiscal Q4 gross profit of $14.1 million, a significant leap from the $9.4 million figure of a year earlier. Revenue hit $19.7 million, topping estimates by nearly $700,000.
3. Transcat, Inc. (NASDAQ:TRNS)
Juniper Investment Company also kept its position in Transcat, Inc. (NASDAQ:TRNS) intact throughout Q3, ending the quarter with 196,233 shares of the company in its 13F portfolio. The position was valued at $12.65 million on September 30. Hedge fund ownership of TRNS has remained very steady over the previous two years, dipping heavily only once, in Q4 2020.
Investment management firm Headwaters Capital discussed Transcat, Inc. (NASDAQ:TRNS) in its Q3 2021 investor letter, where it laid out its bullish case for the designer of industrial process instruments. Headwaters like Transcat’s experienced team as well as the software and automation initiatives it’s undertaken to improve its technicians’ productivity and drive gross margin expansion. The fund also predicts double-digit revenue growth thanks to its financial muscle in a field ripe for M&A opportunities.
2. Allied Motion Technologies Inc. (NASDAQ:AMOT)
The penultimate stock among Juniper Investment Company’s biggest growth picks is Allied Motion Technologies Inc. (NASDAQ:AMOT), which the fund owned 437,840 shares of on September 30, a 7% uptick from a quarter earlier. The holding was valued at $13.7 million at the end of September.
In its Q2 investor letter, Diamond Hill Capital praised Allied Motion Technologies Inc. (NASDAQ:AMOT)’s management team for its experience and execution. It also believes the designer of precision and specialty-controller motion products has the capability to consolidate a fragmented market thanks to its innovative, custom-engineered solutions.
1. Cryolife Inc. (NYSE:CRY)
Juniper Investment Company’s top growth stock pick by far is Cryolife Inc (NYSE:CRY), to which the fund’s 13F portfolio has over 30% exposure. It owns over 1.6 million shares of CRY, unchanged from the previous quarter and valued at $35.77 million. 10 other hedge funds were long CRY at the end of September, none of which have more than 1% exposure to the stock.
Cryolife Inc (NYSE:CRY) completed the sale of its PerClot product line in late July in a deal valued at up to $60.8 million in cash. Cryolife’s revenue hit $72.2 million in Q3, narrowly missing estimates, while it lost $0.03 in non-GAAP EPS, also slightly missing estimates. Cryolife Inc (NYSE:CRY) is confident that its strong pipeline and market expansion opportunities have it positioned for big things in the future.
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