Caterpillar Inc. (CAT - Free Report) is one of the long-time Dow components. It had been down on its luck for several years after the mining industry pulled back on production, especially in China. But that is changing and the cycle is turning back towards expansion. Earnings are expected to rise 52% this year and another 27% next year. Shares are on the move higher. This Zacks Rank #1 (Strong Buy) is trading with a forward P/E of 21.

Nutrisystem continues to cash in on the hot weight loss trend. The owner of the newly launched South Beach diet, saw revenue jump 30% last quarter as customers grew in the double digits. It also has had success in marketing its food plans to men. Gross margin was also up 40 basis points to 54.3% in the quarter. This Zacks Rank #1 (Strong Buy) recently raised full year revenue and earnings guidance.

Should these two companies be on your investing short list? Find out in this week’s video.

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Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>