Ah, skepticism, how I love thee.

We rebel investors at Motley Fool Rule Breakers believe the multibaggers in the making, while not often cheap by the numbers, are always misunderstood. As such, they face extraordinary skepticism, which, in turn, makes them excellent value stocks.

More are out there. Each week, right here in this column, we'll hunt them down. Grab your keyboard.

What one stock can do for you
Really, it's worth your time. One home run stock can make all the difference to your portfolio.

Just ask David Gardner, captain of the good pirate ship Rule Breakers, who bought Amazon at a split-adjusted price of $3.24 a share in 1997. He's up more than 2,500% since.

That helped him to overcome stinging losses from Sirius Satellite Radio, 3Dfx, and others to put up nine years of better than 20% average annual returns as the leader of the real-money Rule Breaker portfolio.

Let the haters be your friends
Today, David and his team still seek misunderstood growers. You can, too, with the help of our completely free-of-charge Motley Fool CAPS investor-intelligence database, which contains information on more than 5,000 stocks.

CAPS applies user input to rate stocks from one star (low) to five (high). Using CAPS, we're once again going to search for one- and two-star stocks that have at least 5% of their available shares sold short but are expected to grow their earnings by no less than 15% over each of the next five years.

Let's have the list
Now, with that preamble behind us, here are five unloved growth stocks:


CAPS Rating

Short Interest

5-Year Growth Estimate

Energy Conversion Devices (NASDAQ:ENER)




Advanced Medical Optics (NYSE:EYE)








Champion Enterprises (NYSE:CHB)




LodgeNet Entertainment (NASDAQ:LNET)




Sources: Motley Fool CAPS, Yahoo! Finance.

Bear in mind that this isn't a list of recommendations. Instead, I offer these stocks as candidates for further research. But of these five, it's Energy Conversion Devices that interests me most.

I don't say that easily; I've long been a skeptic when it comes to hybrid batteries. And Energy Conversion's returns on capital have more up-and-down action than a Super Ball. Why should anyone believe there's a good business here?

Three reasons. First, there's a new CEO. Second, insiders have been buying shares. Third and finally, Energy Conversion boasts an ample royalty revenue stream. CAPS All-Star NetscribeTech explains:

To aid its fundamentals, the company has formed several joint ventures including Chevron [ (NYSE:CVX)] for hybrid vehicle batteries and with Intel [ (NASDAQ:INTC)] for next-generation memory chips, thereby giving a boost to its order book. Thanks to these joint ventures, [Energy Conversion Devices] has already won contracts to supply more than 2 million batteries and is generating 5% of total revenue from chip royalties.

Intrigued? Do 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; the service is 100% free.

See you back here next week for five more unloved growth stocks.

Amazon is a Stock Advisor selection, and Intel is an Inside Value pick.

Fool contributor Tim Beyers, who is ranked 9,317 out of more than 65,000 participants in CAPS, is a regular contributor to Fool.com and Rule Breakers. Tim didn't own shares in any of the companies mentioned in this article at the time of publication. Click here for Tim's portfolio and here for his latest blog commentary. The Motley Fool's disclosure policy is your portfolio's competitive advantage.