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This Under-the-Radar Hedge Fund Stock has More than Doubled Year to Date: Can This Performance Continue?

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Michelle deBoer-Jones
Published on
Updated on
TerraVest Industries
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One of the best ways investors can enjoy gains is through largely undiscovered stocks, which have less competition. Unfortunately, a key concern with undiscovered stocks is that no one will ever discover them, leaving their shares to languish in the doldrums for long periods of time.

However, that’s not the case with this under-the-radar hedge fund stock, which is a favorite of at least three funds. The shares have more than doubled year to date and are up more than 170% over the past year.

Background on TerraVest Industries

TerraVest Industries (TSE:TVK) is a roll-up of companies in the storage tank and pressure vessel, boiler and furnace, and oil and gas equipment spaces. However, it has been expanding into related areas through other...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.