5 small stocks to bank on

We asked top money managers to give us their picks of the FSB 100 2008 stocks that hold the most promise for future returns.

1 of 5

Globecomm Systems (GCOM)

Wireless satellite communications company Globecomm Systems (No. 67) is a top tech pick of Michael Corbett, portfolio manager of the five-star Perritt Micro Cap Opportunities fund. With many mid-sized firms and government organizations as customers, Globecomm is enjoying a business boom: "Their backlog is at a record high and they are bringing in a ton of new business," Corbett says.

The stock is still a great buy at today's levels, he believes, trading at about $10 a share, or about 10 times cash flow. As a nice cushion, the company boasts cash reserves of $2.50 per share.

By Jeanne Lee

NEXT: North American Galvanizing & Coatings (NGA)

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From the July/August 2008 issue of Fortune Small Business. Stock picks are valid only as of that date.

LAST UPDATE: Jun 23 2008 | 10:43 AM ET

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