Compass Minerals (CMP) is known as the leading provider of highway de-icing salts, but it's the company's fertilizer business that is likely to provide the most growth in upcoming quarters.
"Compass Minerals already has a monopoly on the road salt business in the Midwest, but they also have a potash business which should grow since farmers are trying to improve their crop yields," said Don Easley, portfolio manager of the T. Rowe Price Diversified Mid-cap Growth Fund (PRDMX).
And since it's only trading at about 14 times earnings forecasts for 2012, Easley says the stock is a bargain considering Compass Minerals' prospects for high returns.
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The U.S. stock market has been resilient over the past year, but these 10 stocks are in a league of their own. Share of well-known companies like Fossil have at least doubled in value. More
