The best industrial growth picks for 2013 originally published at "long-term-investments.blogspot.com" Everybody likes to invest in well growing
companies with strong brands and big cash flows, free for distributing to
shareholders via share buybacks or dividend payments. The best stocks to buy
are not only the cheapest shares with a low P/E or a high dividend yield. Good
stocks are also those with a great track record in terms of industry growth and
future growth prospects. Now, we are close to year-end and I like to discover some growth stock picks for next year 2013. Today, I focus on stocks from the industrial goods sector (354 shares available). These are my
criteria:
- Forward P/E under 15
- Past 5Y Sales growth over 10 percent
- Earnings per share growth for the next five
years over 10 percent
- Operating Margin over 10 percent
Sixteen companies fulfilled the above mentioned
criteria. Eight of them pay dividends and fourteen have a current buy or better
recommendation. The two best represented industries within the screening
results are aerospace/defense and industrial equipments.
