In any recent earning release, the high earning growth is always the important factor for the significant upswing in the stock price. This is especially true for large cap stocks which have a market capitalization of $10 billion or more. In addition, the significant rise in EPS indicates an improvement in companies' intrinsic values in this difficult business environment. Here are four top large cap stocks with recent EPS growth of at least 250%:
Wynn Resorts (WYNN). WYNN is very famous developer, owner and operator of destination casino resorts. It owns and operates two main casino resorts, Wynn Las Vegas and Wynn Macau. Wynn Last Vegas has more than 2700 rooms and suits, including 36 fairway villas and 06 private-entry villas. In Macau, the company positions itself as the premier luxury brand in the casino market in China. It has the highest-spending gamblers and resort customers, who pay the highest for rooms and bet most per hand in gambling industry. Wynn is known to have the highest revenue and EBITDA per table among its competitors. EPS growth for one recent year reaches 658%. Currently, with nearly 125 million shares at the price of $119.4, the total market capitalization is $14.92 billion. The dividend yield is 1.68%. In the bottom of 2009, its share price dropped to the depressed level of $15.4. If any investor bought Wynn at that time, they would realize a gain of more than 775% over the 3 year period. The market is valuing Wynn at 27.9x earnings, 5.8x book value and 9.7x cash flow.
Juniper Networks (JNPR). It designs, develops network infrastructure products which create responsive and trusted environments for accelerating the deployment of services and applications over a single network. The product portfolio includes routing, switching, security and application acceleration, etc. With the share price of $23.77, the market capitalization is $12.5 billion. Historically, Juniper has not paid any dividends to its shareholders. Its EPS growth for a year is 423%. Over the last 5 years, Juniper shares have been trading at the range of $12 - $44. Currently, Juniper is valued at 24.9x earnings, 1.8x book value and 11.6x cash flow.
PACCAR (PCAR). The company is engaged in designing, manufacturing and customer support of light, medium and heavy-duty trucks under Kenworth, Peterbilt and DAF nameplates. It operates in two segments: Light, medium and heavy duty trucks and related aftermarket parts; and finance and leasing products and services for customers and dealers. Its recent EPS growth is more than 300%. Besides, the company has been paying dividends very consistently over time. At the price of $46.2 per share, the market capitalization is nearly $16.5 billion and the dividend yield is 1.56%. The market values PACCAR at 19.2x earnings, 3x book value and 11x cash flow.
Harley Davidson (HOG). The company owns one of the most famous brands in the recreation industry, with more than 100 years of experience in manufacturing large displacement bikes. Harley Davidson operates in two segments: The Motorcycles and the Related Products segment; and the Financial Services segment. Its share price is $45.77. With 230.5 million shares outstanding, the market capitalization is $10.55 billion. The dividend yield is 1.35%. The EPS growth for the recent year is as high as 270%. Since the market bottom of 2009, Harley Davidson has experienced a steady rise of more than 570% over the 3 year period. Harley Davidson is valued at 23.9x P/E, 4.1x book value and 12.1x cash flow.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.