3 More Undiscovered Growth Stocks

Once again, a major discovery is in the news. This time, it's the recovery of 500,000 mostly silver colonial-era coins from a shipwreck in the Mediterranean Sea.

Among the expected benefactors are the shareholders of Odyssey Marine Exploration (AMEX:OMR), which led the quest. Odyssey's stock is up more than 80% on news that the booty could command a $500 million payday.

What's more, the timing of the event has Odyssey's management in Los Angeles talking partnership with Disney (NYSE:DIS), which will be treasure-hunting at the box office this weekend with the release of Pirates of the Caribbean: At World's End.

Running with the rebels
Can you imagine striking it rich like that? David Gardner can. By discovering and then investing in little-known and frequently misunderstood high-growth stocks like Amazon, he produced nine years of 20% average annual returns. History told him that these were the best value stocks available, and many became daybaggers.

That's why David and his team at Rule Breakers still seek to get in early on businesses that are reshaping, or creating, important industries. You can, too, with the help of our completely free-of-charge Motley Fool CAPS investor-intelligence database, which currently contains information on more than 4,400 stocks.

CAPS applies user input to rate stocks from one to five stars. So, using CAPS, we're once again going to search for stocks that haven't yet met the threshold for a star rating, that have a minimum $250 million market cap, and that are expected to grow their earnings by at least 15% annually over the next five years.

Let's have the list
Now, with that preamble behind us, here are three growth stocks that have yet to be discovered.

Bear in mind that this isn't a list of recommendations. Instead, I offer these stocks as candidates for further research. My favorite, however, is commercial real estate broker Grubb & Ellis, which recently agreed to combine with privately held NNN Realty Advisors and which trades for 0.67 its trailing revenue, well below the 3.12 average multiple for its industry.

Intrigued? Due your own due diligence and then check in with thousands of other investors at CAPS. And, if you'd like, add your own commentary. You'll be helping your fellow Fools and testing your ideas at the same time. Click here to get started now; it's 100% free to participate.

See you back here next week for more undiscovered growth stocks.

How great is growth? Four of the dozens of stocks in the market-beating Motley Fool Rule Breakers portfolio have more than doubled in two years. Care to find out what they are? Click here to get 30 days of free access to the service.

Fool contributor Tim Beyers, who is ranked 7,060 out of more than 29,200 in CAPS, is a sucker for growth stocks and a regular contributor to Rule Breakers. Tim didn't own shares in any of the companies mentioned in this story at the time of publication. Tim's portfolio holdings can be found at his Fool profile. His thoughts on growth stocks, Foolishness, and investing in general may be found in his blog. Amazon and Disney are Stock Advisor picks. The Motley Fool's disclosure policy is an investor's greatest discovery.