Vanity, Thy Name Is Growth

Earnings growth at a reasonable price is getting hard to find in this market after a 10%-plus rally since June. Third-quarter earnings estimates have come down significantly over the last few months and domestic GDP will be lucky to come in at a 2% level for the year. Maybe it is because I live in Miami, the cosmetic surgery capital of the country, but I find two suppliers to that business intriguing right now. One I already own and the other I am looking to pick up on the next market pullback. Neither is currently making money, but both are experiencing rapid revenue growth, have cash-rich balance sheets, should turn profitable in the near future and have very strong growth prospects ahead of them.

Cynosure (CYNO) develops aesthetic treatment systems to the dermatology, plastic surgery, and general medical markets. Its aesthetic treatment systems incorporate a range of laser and other light-based energy sources....399 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.