In the month after the 1987 market crash, which was less damaging than the current one but far more shocking in its abruptness, Cabot Market Letter subscribers bought Apple Computer, MCI Communications, St. Jude Medical and lesser-known stocks that became big winners.  We fully expect to recommend similar high-potential stocks in the months ahead.

So how do you find them?

You DON’T buy fallen angels like Potash, First Solar or Research in Motion, unless you’re the most nimble of traders.

You act like Columbus, searching out the growth possibilities in the New World.  That means finding fast growing companies that have not yet become well loved and whose price charts are acting well.  There aren’t many these days; the damage from the crash has been widespread.  But there is a handful and one is Amedisys (AMED).

Amedisys is in the home health care business, a sector that I think will provide great growth opportunities in the years ahead.  It has 325 nursing offices and 29 hospice offices in 30 states.  Revenues grew 85% in the second quarter, to $313 million while earnings grew 44%, beating analysts’ estimates. And the stock looks healthy.  While it has corrected 34% in the past two months, its long-term uptrend is still intact.

I suggest you keep an eye on it.