We compiled the list of top 14 large cap growth stocks where earnings are expected to grow by at least 20% over the next five years. The data is sourced from Yahoo Finance and Finviz. Here are the 14 stocks:
1. Altera Corporation (ALTR): Altera Corporation is a semiconductor company. ALTR recently traded at $36.54 and has a 0.9% dividend yield. ALTR gained 47.52% during the past 12 months. The stock has a market cap of $11.8 billion and a P/E ratio of 13.34. Altera’s estimated EPS growth over the next 5 years is 24.7%. Jim Simons’ Renaissance Technologies had $164 million invested in ALTR shares at the end of March. Jim Simon’s Medallion Fund, has not realized negative returns since 1990.
2. Apple Inc. (AAPL): Apple produces and markets personal computers, mobile communication and media devices. AAPL recently traded at $376.99 and gained 51.34% during the past 12 months. The stock has a market cap of $349.5 billion, P/E ratio of 14.92 and estimated EPS growth over the next 5 years at 61.1%. Rob Citrone’s Discovery Capital Management had $633 million invested in AAPL at the end of March.