The stocks on our Recommended List have attractions which long experience tells us tend to drive up share prices, suggests growth stock expert Stephen Quickel, editor of US Investment Report.
These characteristics are strong, reliable earnings growth, great products, ample market support, growth sector leadership, time-tested business models, and solid finances and management.
The new stocks added to our buy list also have rock-bottom valuations—an average forward P/E of 13.9 and average PEG of 0.67. Five-year earnings growth is projected at 24.4% a year. Here, in a nutshell, is what we like about them:
Gaslog Limited (GLOG)
This Monaco-based company owns and operates a sizeable fleet of ocean-going liquefied natural gas (LNG) carriers, which it charters out and manages for others. Earnings are expected to grow 32% a year. Thirteen of 14 analysts rate it a Strong Buy or Buy.
Himax Technologies (HIMX)
Operating out of Taiwan, Himax makes liquid crystal on silicon semiconductors for flat panel displays. Analyst upgrades have spurred trading volume. Our target price is $20.
MetLife (MET)
MetLife is one of the oldest and largest American financial companies, providing insurance, annuities, and employee benefit programs to 90 million customers in 50 countries. Its stock is also one of the cheapest at just 8.6 times earnings.
Packaging Corp. of America (PKG)
Boxes are still in big demand. This Lake Forest, IL containerboard manufacturer is expected to grow earnings by 27% a year. Fourteen analyst upgrades lifted 2014 estimates from $4.24 to $4.72 per share. Its P/E is 13.2, its PEG 0.48.
Polaris Industries (PII)
A great stock from 2011-13, this maker of snowmobiles and all-terrain vehicles suddenly swooned from $146 to $119 this January, but now has rebounded to $138, with a $160 price in analysts' sights. Seven of ten call it a Strong Buy, two a Buy.
Tenneco Inc. (TEN)
Located cross town from PKG in Lake Forest, TEN is a supplier emissions control and other auto parts with revenues of $9 billion. Earnings growth is estimated at 19% a year with an 11.4 P/E and a 0.60 PEG.
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NEW YORK (CNNMoney) Employment opportunities for teens and early 20-somethings have plummeted in recent years, according to a new study by the Brookings Institution.
American teens testing below average