In his latest column for Seeking Alpha, Validea CEO John Reese looks at an intriguing alternative energy stock that his Guru Strategies are high on.

“So far, 2014 has been a rough year for many small-cap growth stocks. Many – but not all,” writes Reese. “Take small-cap manufacturer FutureFuel Corp. This Missouri-based company’s shares have risen about 30% so far in 2014 (through April 24). They’ve done so largely on the back of a very strong fourth-quarter 2013 earnings announcement that was delivered in mid-March.”

Reese explains why his models — including the approach he bases on the strategy of mutual fund legend Peter Lynch — think the stock has more room to run. “Lynch famously used the PE-to-growth ratio to find growth stocks selling on the cheap, and when we divide FutureFuel’s very reasonable 12.0 price/earnings ratio by its long-term growth rate, we get a PEG ratio of just 0.42,” he says. “This model considers anything below 1.0 acceptable, and anything below 0.5 to be the best case, so FutureFuel shares look quite attractive on that basis.”

To read the full article, which examines why his Motley Fool- and Martin Zweig-inspired models also give FutureFuel high scores, click here.