Tomorrow's Monster Stock?

Stocks climbing to 10 times their original price are rare breeds, but they're not impossible to find -- especially when you have Fools for friends.

The market's best stocks include companies that have risen dozens of times in value by taking advantage of the market's weaknesses. These aren't penny stocks; they're viable companies with sound business prospects that are achieving phenomenal returns. Finding just one or two of these monstrously successful firms can help you establish a winning portfolio.

Stalking the monster
To find tomorrow's winners, we've enlisted the help of more than 170,000 monster trackers at Motley Fool CAPS. We've compiled a list of the most successful CAPS members, dubbed All-Stars, whose picks have doubled, tripled, or even quadrupled in price. Then we've plucked out some of their recent picks for stocks they find equally promising.

Score is how many percentage points that pick is beating the S&P 500.

Of course, this is not a list of stocks to buy -- or, for those monster stocks that our CAPS All-Stars have already found, sell. Just consider them starting points for your own further research of extreme buying opportunities.

In search of bigfoot
Like the perennial hope that science will come up with a weight-loss plan in a pill, Skechers' "workout in a shoe" toning sneakers seem to be as much a fad as Crocs (Nasdaq: CROX) and Heelys turned out to be. Crocs had to reinvent itself to turn around its operations.

Yet Skechers is enjoying the sales boost the campaign has generated, even as Nike (NYSE: NKE) has sworn off the toning craze and lost sales to women as a result. Highly rated CAPS All-Star member Staka has laid out a number of advantages to the sneaker maker's growth, including that the stock is cheap on a number of metrics. Yet he also acknowledges the risks associated with an investment if the trend turns out to be a fad and they've expanded their footprint too far.

Let us know on the Skechers CAPS page if it will get kicked to the curb. You can also add Skechers to your My Watchlist, and it will find all of our Foolish analysis on this stock.

A good reception
As analysts downgraded LCD glassmaker Corning (NYSE: GLW) over the prospect of slowing TV sales, I suggested they were missing the opportunity China represented and thought LED lighting specialist Cree would benefit from the trend as well. I also thought investors might want to keep an eye on Dolby Labs (NYSE: DLB) as well since their sound technology is virtually the universal standard for TVs everywhere.

Analysts are starting to come around to that way of thinking now as Deutsche Bank raised its rating on Dolby precisely because of the potential China holds for future growth. While they haven't laid out a similar case for Cree just yet, the bullish case for even greater growth remains intact.

More than 91% of the CAPS members rating Cree like the potential for market-beating returns, and you can light up the Cree CAPS page with your opinion on how it's going to perform. CAPS member money4eds says Cree's LEDs are lighting the way.

Nothing but up for at least a few years as LEDs take over the market. Once the market has taken off look to get out. LED last a long time and new business will get hard to find once most lighting has changed.

Inflating values
With gold prices soaring on the Federal Reserve's willingness to pour even more money into the economy, CAPS member Kozy72 thinks Freeport-McMoRan is a way to capitalize on the yellow metal's appreciation.

FCX is a great way to play the gold market. It would appear that gold's strength will continue. P/E is still around 11 so share should continue to rise.

With the dollar weakening against most major currencies -- it has hit a decadelong low against the Swiss franc -- the bullish case for gold grows stronger. A weak dollar makes gold, which is priced in the U.S. dollars, less expensive to buy. Not surprisingly, gold finally broke through the $1,300-an-ounce mark, a new record level for the precious metal.

With Freeport-McMoRan being one of the largest gold miners in the world, it's understandable why investors view it as a means of playing the sector, but keeping an eye on its cash flows will keep you alert to any problems that might arise before any crash in gold prices told you something was up.

A chance for scary growth
It takes more than a few All-Star picks and a quick pitch to make buy or sell decisions, so start your own research on these stocks on Motley Fool CAPS and find other opportunities with monster potential.