5 small stocks ready to soar

The FSB 100 is filled with fast growers, but money managers picked these 5 small-caps as stocks with especially bright prospects.

1 of 5
Abaxis (ABAX)
Taking some of the pain out of seeing the doctor, Abaxis (No. 45) makes blood-analysis machines that do many tests right in the doctor's office, letting physicians expand services and cut costs.

"Anyone can see that this is the direction healthcare needs to be going," says Jeff Cardon, portfolio manager of Wasatch Small Cap Growth Fund, which holds the stock. "In ten years this will be a much bigger company."

The concept for the machines originated from R&D contracted by NASA, which needed a simple way to perform biochemical analyses in space labs. Abaxis also produces a similar instrument for use in veterinary offices, and earns additional revenue from supplying small plastic discs loaded with chemical reagents which must be replaced after each test.

NEXT: The Female Health Company (FHCO)
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Source: From the July/August 2009 issue of Fortune Small Business. Stock picks are valid only as of that date.
LAST UPDATE: Jul 07 2009 | 11:12 AM ET
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