Great investing opportunities exist everywhere in the stock market. But how do you find them?

Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two hidden gems that might be worth a closer look at by investors: Argan Inc. (AGX Quick QuoteAGX - Free Report)  and Itron Inc. (ITRI Quick QuoteITRI - Free Report) .

Hidden gems are stocks that are followed only by a handful of Wall Street analysts and which the rest of the stock market doesn’t pay much attention to but they should because their fundamentals are strong.

Argan provides services to the power industry including engineering, procurement and construction of power plants. Revenue jumped 25% in the second quarter. 

Earnings are expected to rise over 50% this year. In addition to that growth, it has value fundamentals with a forward P/E of 15.

Itron makes electricity, gas, water and thermal energy measurement devices, otherwise known as smart meters. The analysts who cover the company believe it has groundbreaking technology that could change its industry.

Earnings are expected to grow over 218% this year. 

Shares of both have soared in 2016, easily outperforming Facebook shares in the same time period.

But what else should investors take away from these two companies? Watch our short video to learn more about these hidden gems.

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