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What follows is a list of companies with a 5-year average return on investment of 20% or greater. They cover a variety of different industries: telecom, software, semiconductors, and soft drinks. The only non-tech company listed below, Coca-Cola (NYSE:KO), is preferred on the Street with a "strong buy" rating.

America Movil (NYSE:AMX)

America Movil is rated a "hold" on the Street and trades at a respective 13x and 12.5x past and forward earnings with a dividend yield of 1.8%. It has a 5-year average ROI of 22.4%.

Consensus estimates for America Movil's EPS forecast that it will grow by 21% to $2.02 in 2011, grow by 5% in 2012, and then decline by 1.9% in 2013. Assuming a multiple of 14x and a conservative 2012 EPS of $2.09, the rough intrinsic value of the stock is $29.26, implying 26.1%.

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Microsoft (NASDAQ:MSFT)

Microsoft is rated a "buy" on the Street and trades at a respective 10.7x and 9.9x past and forward earnings with a dividend yield of 2.7%. It has a 5-year average ROI of 34.4%.

Consensus estimates for Microsoft's EPS forecast that it will decline by 0.4% to $2.68 in 2012 and then grow by 11.6% and 11% in the following two years. Of the 31 revisions to estimates, 27 have gone down for a net change of -2%. Assuming a multiple of 13x and a conservative 2013 EPS of $2.95, the rough intrinsic value of the stock is $38.35, implying 29.9% upside.

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Taiwan Semiconductor (NYSE:TSM)

Taiwan Semiconductor is rated a "buy" on the Street and trades at a respective 15.1x and 17.8x past and forward earnings with a dividend yield of 3.7%. It has a 5-year average ROI of 22.6%.

Consensus estimates for Taiwan Semiconductor's EPS forecast that it will decline by 26.3% to $0.73 in 2011, grow by 8.2% in 2012, and then decline by 5.1% in 2013. Estimates have fallen for a net change of -15.6%. Assuming a multiple of 18x and a conservative 2012 EPS of $0.75, the rough intrinsic value of the stock is $13.50, implying fair value.

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Coca-Cola

Coca-Cola is rated a "strong buy" on the Street and trades at a respective 12.4x and 16.5x past and forward earnings with a dividend yield of 2.8%. It has a 5-year average ROI of 23.9%.

Consensus estimates for Coca-Cola's EPS forecast a steady rise to $4.54 in 2013, up 30.1% from 2010. Modeling a CAGR of 9.2% for EPS over the next three years and then discounting backwards by a WACC of 9% yields a fair value figure of $57.94.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.