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: MKS Instruments (MKSI Quick QuoteMKSI - Free Report) and Snap-On, Inc. (SNA Quick QuoteSNA - 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.

MKS Instruments is expected to grow earnings by 30% this year and another 20% next year as its semiconductor business heats up. In the third quarter, the semiconductor business was up 15% quarter over quarter to $210 million. Total revenue was up 17% in the quarter to $381 million. 

MKS Instruments has a forward P/E of 20. It’s a Zacks Rank #1 (Strong Buy). 

Snap-On is based in Kenosha, Wisconsin and makes tools and diagnostics equipment. Earnings are expected to grow 12% this year and 9.5% next year. It’s one of those solid American companies that never gets the glory but keeps producing results year after year. 

It's a Zacks Rank #2 (Buy). 

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

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