We are in March now, with a bumpy ride in the past couple of months. The indices were hit hard and now have bounced back to their old highs. The bulls are looking for more buying here to punch the averages into new high ground. Whether a move into new highs is the real thing or just a bull trap remains to be seen. Meanwhile, we’ve had time to do some searching for growth stocks opportunities in 2014.
Here are 10 growth picks for 2014 (Michael Brush, MSN Money&Barcharts.com).
Yelp Inc. (YELP) Recent price is $91.82 52 week high/low is $96.96/$20.94 EPS is $-.15 Market Cap is $6.07 M. Expected earnings for 2014 is $.22 cents per share. Sales growth is expected to be 39%. The company has 100 million users who review everything from restaurants to small businesses. Revenues come from their ad business.
Tesla Motors (TSLA) Recent price is $209.60 52 week high/low is $215.21/$33.80 EPS is $-1.09 Market Cap is $25.46 B. Revenues are expected to grow by 606% in 2014 and sales to increase by 29%. Tesla manufactures electric cars, with their Model S its most popular model. Last year it sold 4,750 units. In addition it supplies motor parts and transmissions to Daimler and Toyota.
Keyw Holding (KEYW) Recent price is $17.74 52 week high/low is $18.43/$10.82 EPS is $-.05 Market Cap is $652.12 M. Expected earnings growth is 295% in 2014 and sales growth of 15%, The company sells cyber security products including spy ware, analytical intelligence and programs to the Department of Defense.
Black Diamond (BDE) Recent price $10.10 52 week high/low is $15.15/$7.80 EPS is $.04 PE ratio is 253.75 Market Cap is $322.19 M. Earnings are estimated to jump 375% and sales up 20%. The company manufactures and distributes outdoor gear. Items include rock climbing equipment, skis, poles, bindings, backpacks, tents, boots and lanterns. Presently, the company is a distributor in Japan.
KB Home (KBH) Recent price is $19.00 52 week high/low is $25.14/$15/48 EPS is $.40 PE ratio is 47 Dividend is $.10 (.53%) Market Cap is $1.79 B Earnings are expected to rise by 305% with sales up 26%. This home builder is active in California, Arizona, Florida and six other states. Orders rose 40%.
Eagle Materials (EXP) Recent price is $84.10 52 week high/low is $86.00/$60.06 EPS is $2.45 PE ratio is 34.42 Dividend is $.40(.47%) Market Cap is $4.20 B Earnings are expected to rise by 74% with sales up 45%. The company produces and sells gypsum wall board, cement, concrete and paperboard.
Trulia (TRLA) Recent price is $30.73 52 week high/low is $52.71/$23.00 Market Cap is $1.15 B Earnings growth is estimated at 298% and sales growth at 38%. The company has a website and mobile app that helps with home shopping, research, home listings, neighborhood information, schools and shopping. locations.
Bonanza Creek Energy (BCEI) Recent price is $45.77 52 week high/low is $57.47/$31.11 EPS is $1.51 PE ratio is 30.27 Market Cap is $1.84 B Earnings are expected to rise by 52% with sales up 35%. The company is involved in oil drilling and fracking in Colorado’s Wettenburg Field.
Scorpio Tankers (STNG) Recent price is $9.42 52 week high/low is $12.48/$7.55 EPS is $.03 PE ratio is 308.67 Dividend is $.20(3.02%) Market Cap is $1.17B Revenues are expected to increase by 298% and sales by 52%. The company has a fleet of 14 tankers that delivers gasoline, heating oil and naphtha around the globe. The company plans to add 33 tankers to its fleet this year. It is taking advantage of US exports of petroleum products.
Santarus Inc. (SNTS) Recent price is $31.96 52 week high/low is $32.25/$10.70 EPS is $.97 PE ratio is 32.96 Market Cap is $2.12 B Earnings are expected to be up by 65% and sales up 27%. The company manufactures and distributes drugs for diabetes (Glumetza) and gastro intestinal reflux (Zegend) Currently it has two new drugs in the pipeline.
This discussion is neither a recommendation to buy nor to sell these securities. You must always do your own diligent research.