Top 5 Stocks With Growth Potential According to Juniper Investment Company

3. Transcat, Inc. (NASDAQ:TRNS)

Juniper Investment Company also kept its position in Transcat, Inc. (NASDAQ:TRNS) intact throughout Q3, ending the quarter with 196,233 shares of the company in its 13F portfolio. The position was valued at $12.65 million on September 30. Hedge fund ownership of TRNS has remained very steady over the previous two years, dipping heavily only once, in Q4 2020.

Investment management firm Headwaters Capital discussed Transcat, Inc. (NASDAQ:TRNS) in its Q3 2021 investor letter, where it laid out its bullish case for the designer of industrial process instruments. Headwaters like Transcat’s experienced team as well as the software and automation initiatives it’s undertaken to improve its technicians’ productivity and drive gross margin expansion. The fund also predicts double-digit revenue growth thanks to its financial muscle in a field ripe for M&A opportunities.