Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



2 Stocks Approaching Greatness

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

For every stock out there screaming, "Buy me," others simply give us a nudge and a nod. While all the attention might be focused on their five-star peers, we can sift through Motley Fool CAPS to find four-star stocks giving us the "high sign" they're approaching greatness. 

These opportunities -- including familiar names and beaten-down companies -- rank higher than most of the other 5,400 starred companies, and it pays to investigate their potential. For consideration today, I have a pair of stocks on their way to fame:

  • Boeing (NYSE: BA  )
  • YM BioSciences (AMEX: YMI  )

As the 180,000-plus CAPS members have chosen these companies as less obvious sources for tomorrow's great buys, let's see why they might merit your attention.

Paper airplanes
Although I think the $1.2 trillion in across-the-board spending cuts are a good place to start when they begin in 2013 as a result of the so-called supercommittee's failure to reach a deficit reduction agreement, there's also little argument that some industries would feel a significant impact -- should the politicians actually allow it to happen. The cynic in me just doesn't see that happening, though.

Defense spending has obviously been the topic of primary consideration in the debate, which would face some $600 billion in cuts over 10 years. That will have contractors like Lockheed Martin (NYSE: LMT  ) , General Dynamics (NYSE: GD  ) , and Boeing going to bat for their individual programs talking about the jobs they represent.

At least for Boeing, the commercial side of its business seems to be taking flight as it booked two deals that could be worth as much as $61 billion if all the planes and commitments are realized. CAPS member MajorBob04 sees Boeing flying high for several years as a result of the contracts, which seems to jibe with the broader CAPS community as 91% of those rating the airplane builder believe it will outperform the broad market averages.

Tell us in the comments section below or on the Boeing CAPS page whether the defense spending cuts will eat away at the aircraft shop, and add it to your watchlist to see its progress.

Applying itself
Cancer researcher YM BioSciences finished enrolling patients in phase 2 trials for its JAK1 and JAK2 Inhibitor CYT387 that has been receiving positive results so far. The drug is taken once daily to reduce spleen size, treat symptoms, and reduce transfusion dependence in patients with myelofibrosis.

The stock has lost some steam as Incyte (Nasdaq: INCY  ) just got approved for its twice-daily therapy Jakafi, making it the first drug approved to treat myelofibrosis. It also happens to be the first drug Incyte's gotten approved. While first-to-market status can be important, particularly as Incyte has Novartis (NYSE: NVS  ) helping it market its treatment outside the U.S., potentially better efficacy of CYT387 and an easier dosing regimen could quickly eat into any share Incyte gains.

While CAPS biotech guru zzlangerhans has some reservations about YM drug compounds, he looks forward to what they have to say next month:

Updated data from the ongoing phase II trial will be presented at ASH in early December, and strong results could have a very dramatic effect at the current depressed share price. YMI is looking like a potential real buy later this month as long as the world's economic cheese doesn't completely fall off its cracker.

Give us your thoughts on the YM BioSciences CAPS page on the recent share price weakness, then add the stock to the Fool's free portfolio tracker to see if it can bounce back.

A great opportunity for you
Investor sentiment suggests these four-star investments still seem to be on their way to five-star greatness, but it pays to start your own research on these stocks on Motley Fool CAPS. Read a company's financial reports, scrutinize key data and charts, and examine the comments your fellow investors have made all from a stock's CAPS page.

Sign up today for the completely free service and let us hear what you have to say about the great and almost great companies that interest you.

Fool contributor Rich Duprey holds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of General Dynamics and Lockheed Martin. Motley Fool newsletter services have recommended buying shares of Novartis. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (7)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1595200, ~/Articles/ArticleHandler.aspx, 10/24/2016 4:13:52 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,232.96 87.25 0.48%
S&P 500 2,151.31 10.15 0.47%
NASD 5,308.73 51.33 0.98%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2016 3:58 PM
BA $137.53 Up +1.90 +1.40%
Boeing CAPS Rating: ****
YMI.DL2 $0.00 Down +0.00 +0.00%
YM BioSciences, In… CAPS Rating: ****
GD $151.51 Up +1.33 +0.89%
General Dynamics CAPS Rating: ****
INCY $88.19 Up +0.47 +0.54%
Incyte CAPS Rating: **
LMT $232.18 Up +1.66 +0.72%
Lockheed Martin CAPS Rating: ****
NVS $75.50 Down -0.05 -0.06%
Novartis CAPS Rating: ****