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This Week's Hidden Gems: (CSTE)(FBHS)

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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: Caesarstone Limited (CSTE - Free Report)  and Fortune Brands Home & Security .

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.

Caesarstone makes quartz surfaces for kitchens and baths. It saw record revenue in the second quarter as sales jumped in Canada and Australia.

Fortune Brands Home & Security operates in 4 segments including cabinets, plumbing, doors and security. Sales rose by 12% in the second quarter. It saw gains in all of its segments, with cabinet sales soaring 17% as the housing market remains hot. 

Not only has new construction picked up but home owners are renovating their kitchens and baths.

Fortune Brands shares have also seen tremendous gains in the last 5 years. Could the returns be beating Facebook?

Analysts have been raising 2016 and 2017 estimates on both companies. 

Caesarstone is expected to grow earnings by 10% in 2016. Fortune Brands is even hotter, with earnings forecast to be up 32%. 

But what else should investors take away from these two companies? Watch the video to find out.


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