Back the truck up for shares of this commercial vehicle manufacturer. Supreme Industries Inc. is reaping the benefits from investments in production facilities and a spunky new sales team. Quick turn around times for custom designed box trucks and increased exposure to national customers are driving revenue and profits up.

Earnings grew more than 50% in 2015, partly due to easy comparisons with 2014 when a disruption in parts availability crunched profits. Investors suspected the growth may be more sustainable when the company announced a doubling of earnings for the first quarter of 2016 late last month.

Strong secular growth in small commercial trucks (classes 3-7) and an increase in demand for more profitable retail trucks from national customers should propel earnings another 25% this year.

Despite the stock skyrocketing 80% year to date, our target of $23 is 70% higher than current prices. Look for a detailed report in our next issue of Growth Stock Strategist.