4 Stocks Expected to Double Sales in 2013

1. Ocwen Financial Corporation (NYSE:OCN)
Market cap: $3.6 billion
Projected sales growth: 103%

Ocwen Financial services residential and commercial loans in the United States and internationally. With housing showing big signs of improvement in 2012, Ocwen’s share price has rallied 143% on the year. That bullish movement has been driven by surging estimates, with the full-year 2013 earnings jumping an eye-popping 208% to $4.50 a share from 90 days ago. Projected sales growth isn’t far behind, with analysts calling for revenue to increase 103% in 2013, reaching almost $1.7 billion.

2. W.P. Carey Inc. REIT (NYSE:WPC)
Market cap: $3.35 billion
Projected sales Growth: 110%

W.P. Carey is a global real estate investment trust (REIT). This stock has been having a great year, withshares up 17% in 2012, which is a solid performance compared with the S&P 500’s 12% return. Analysts have recently become more bullish on the company, with the current-year earnings estimate climbing 6% in the last 90 days to $3.51 a share. Next-year’s earnings estimate also rose — about 12% —  to $3.88 a share, a solid 10.5% growth projection. In addition, analysts are looking for year-over-year sales to more than double from $150 million to $314 million. And if the company’s forward price-to-earnings (P/E) ratio of 14 is returned to the industry average of 16, then shares would jump another 14%.