3 Under-the-Radar Stocks That Are Great Buys Right Now

Source

Of the thousands of stocks that investors can buy, only a relative few receive the lion's share of attention. You can likely rattle off the names of several of these highly publicized stocks. 

But it's often the stocks that don't receive as much attention that present the best opportunities. Few investors would think of these stocks right off the bat, but such stocks could be even bigger winners over the long run than many of the most well-known stocks. These three under-the-radar stocks especially stand out as great buys right now. 

Fingers putting a wood block with a star next to two identical wood blocks with stars

IMAGE SOURCE: GETTY IMAGES.

Cresco Labs

Canadian marijuana stocks tend to make headlines quite often. But several top U.S.-based cannabis operators are running circles around their counterparts from north of the border. Cresco Labs (OTC:CRLBF) is a great example.

Cresco reported record revenue of $94.3 million in the second quarter of 2020, more than triple the revenue generated in the prior-year period and a 42% increase from the previous quarter. The company isn't profitable yet, but its bottom line continues to improve significantly. And it's already consistently generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA). 

What's especially notable is that Cresco achieved quarter-over-quarter revenue growth of at least 30% in eight of the nine states where it currently operates. The lone exception was Massachusetts, which temporarily stopped recreational marijuana sales during part of Q2 because of the coronavirus pandemic. The cannabis markets in all the places where Cresco operates should continue to grow well into the future.

Cresco also has plenty of other states that it could target. That number seems likely to increase after Election Day, with Arizona and New Jersey voting on recreational marijuana legalization. It's also possible that the vote in November could improve the prospects for changes to federal cannabis laws, proving even more opportunities for Cresco.

Dollar General

Many retailers are struggling because of the pandemic. Some of them were hurting even before the coronavirus outbreak, in part because of intense competition from Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT). There's one retailer that has flourished in the shadow of these giants: Dollar General (NYSE:DG).

Dollar General's net sales jumped 24% year over year in Q2 to $8.7 billion. Its earnings soared nearly 85% to $787.6 million. Even though customer traffic decreased due to the pandemic, the average amount spent per transaction rose.

The company's success derives from its focus on the types of products consumers need, low prices, and the convenient locations of its stores (around three-quarters of Americans live within five miles of a Dollar General store). It continues to grow by launching new discount retail stores and improving the profitability of existing stores.

In the past, Dollar General has primarily focused on lower-income consumers. But the company recently announced a new store concept targeting suburban customers with household incomes between $50,000 and $125,000. Dollar General is opening its first two of these new stores close to Nashville, Tennessee, and plans to launch around 30 more by the end of 2021.

Shockwave Medical

Medical device makers with market caps of less than $3 billion don't typically enjoy the limelight. Shockwave Medical (NASDAQ:SWAV) merits investors' attention, though. Its shares have skyrocketed nearly 80% year to date. That gain is even more impressive considering that ShockWave lost half its market cap during the market meltdown earlier this year.

Unlike Cresco and Dollar General, Shockwave didn't turn in an impressive Q2 performance. Sales were up by only 3% year over year to $10.3 million. The company's bottom line went in the wrong direction with a net loss of $18.1 million. But these uninspiring results were caused by the pandemic and don't diminish Shockwave's prospects one bit.

Shockwave uses lithotripsy (an approach using sonic pressure waves that has been used for decades in treating kidney stones) to break up calcified plaque in blood vessels. The company's intravascular lithotripsy (IVL) technology, which is safe and easy to use, could become a new standard of care in treating atherosclerotic cardiovascular disease.

Impressive growth could be right around the corner for Shockwave. The company expects to receive Food and Drug Administration approval for its coronary IVL system in treating clogged arteries prior to stenting in the first quarter of 2021. Shockwave is aggressively expanding its sales team to market the system next year. If all goes well, this medical device stock just might begin to capture more attention from investors as its sales boom.

Read Next: Buffett dumps Apple, buys this!

Through Berkshire Hathaway…

Warren Buffett recently dumped $800 million of Apple stock…

And bought this instead!

He’s now moved $3.8 BILLION in a tiny niche of the tech sector billionaires are flocking to…

“The Forever Battery”

Secret Startup Cracks the Battery Code — Wall Street Legend Predicts a 1,500% Surge in Electric Car Sales Over the Next 4 Years…

Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

3 High-Yield Dividends for Guaranteed Passive Income

Here are the best dividend stocks for smart investors to secure a steady & reliable “second income”. Our top pick is trading for just $2.
Enter your email address for our free report.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

New EV Set to Disrupt Entire Industry

The Wall Street Journal calls it “an American manufacturing triumph.” It promises to revolutionize the driving experience and hand investors MASSIVE profits.
Enter your email address to receive the name & ticker symbol now.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Forget 99% of Tickers - Just Use This One

Larry Benedict is sharing a crazy over-the-shoulder “demo” (less than 10 seconds). Learn how to make all the money you need – in any market – using a single stock.
Enter your email address to watch now and get the name of the ticker you need to get started.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Is Amazon Obligated to Pay You?

Thanks to a U.S. law, you can claim your slice of this jackpot and collect up to $48,000 over the next year.

Enter your email below to find out how.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 Energy Pick

This little-known Silicon Valley company is using AI to do something incredible…
Enter your email address to receive the name and ticker symbol of the #1 tech bargain stock now.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 EV Breakthrough of 2022

Louis Navellier is about to give away the ticker symbol of an overlooked battery company… one set to skyrocket in value as the EV boom gets underway. 
Simply enter your email below to learn the name of this company today…


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Anyone can invest like “The People’s Shark” with as little as $100

You no longer have to be rich, famous, or powerful to become an angel investor. Starting now, it’s possible for you to get involved in these life-changing deals.
Enter your email address for all the details of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Is L.A.S.E.R. The Greatest Tech Breakthrough in History?

A $3.5 trillion megatrend… spearheaded by Elon Musk is bringing what could be the most disruptive, revolutionary tech breakthrough the world has ever seen, with one small company sitting at the center.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

2,467% Return on Israeli Laser Company

Learn the 3 Steps You Need to Protect Your Retirement and One Stock that Could Soar 2,476% in Nine Months.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

One Tweet From Elon Could Blow This Story Wide Open

Last year, anyone who listened to this man about Tesla could’ve made EIGHT TIMES their money. Now he’s revealing how Elon’s NEXT big move will revolutionize ANOTHER massive $23 trillion market.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$25 to Profit from 20,000 IPOs

Days from now — 20,000 ‘IPOs’ could start flooding the market…
Enter your email address to reveal how anyone with $25 can stake their claim.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

"Bio-Chip" Sparks Potential 199,900% Surge by 2025

Sign up below for all the details on this tiny company being considered a once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works