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When we think of races, there are general categories like sprints, middle distance, and marathons. Some investments can fall within those simplified parameters. There are companies that are fast growing and set a rapid fire pace and there are others with an impressive gait that can withstand a longer course. Today, we focused on industrial stocks that have the strength and stamina to go the longer distance. To find stocks of this nature, we looked for companies with strong growth projections for the next five years. In addition, they have all received a recent 'Strong Buy' rating from industry analysts. We think you will find our list rather interesting.

EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. The 5-Year Expected EPS Growth Rate is a long term annual growth estimate, where the growth projections are made by analysts, the company or other credible sources.

We first looked for industrial stocks. We then looked for companies that are considered high-growth, with 5-year projected EPS growth above 25%. We then looked for businesses that analysts rate as "Strong Buy" (mean recommendation < 2). We did not screen out any market caps.

Do you think these stocks will break through to new highs? Use this list as a starting-off point for your own analysis.

1) MYR Group, Inc. (NASDAQ:MYRG)

SectorIndustrial Goods
IndustryGeneral Contractors
Market Cap$420.45M
Beta0.95

MYRG stock chart

Financials

5-Year Projected Earnings Per Share Growth Rate29.70%
Analysts' Rating1.40
Short Interest3.23%

MYR Group Inc., through its subsidiaries, provides electrical construction service in the continental United States. The company operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment provides design, engineering, procurement, construction, upgrade, maintenance, and repair services.

2) Hardinge Inc. (NASDAQ:HDNG)

SectorIndustrial Goods
IndustryMachine Tools & Accessories
Market Cap$109.42M
Beta1.96

HDNG stock chart

Financials

5-Year Projected Earnings Per Share Growth Rate30.00%
Analysts' Rating1.00
Short Interest3.63%

Hardinge Inc., together with its subsidiaries, designs, manufactures, and distributes machine tools in North America, Europe, Asia, internationally. It offers high-precision computer-numerically controlled cutting lathes, machining centers, grinding machines, collets, chucks, index fixtures, and other industrial products, as well as related accessories, including work holding, tool holding, and other industrial support products for companies making parts from hard to machine materials, and small and medium-sized independent job shops. The company also offers post-sale support services, including operation and maintenance training, in-field maintenance, and in-field repair.

3) Trex Co. Inc. (NYSE:TREX)

SectorIndustrial Goods
IndustryGeneral Building Materials
Market Cap$493.25M
Beta1.57

TREX stock chart

Financials

5-Year Projected Earnings Per Share Growth Rate32.20%
Analysts' Rating1.30
Short Interest13.42%

Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking and railing applications in the United States. The company offers decking products, including Trex Transcend and Trex Enhance protective shells for protection against fading, staining, and scratching; Trex Accents that provides a smooth surface on one side and subtle wood grain on the other; Trex Escapes, a cellular PVC deck board; and Trex Hideaway, a hidden fastening system for specially grooved boards.

The company also provides railing products comprising Trex Designer Series Railing, which consists of a decorative top and bottom rail, refined balusters, and post caps and skirts; and Trex Transcend Railing for use with Trex decking products, as well as other decking materials. In addition, the company offers Trex Transcend Porch Flooring and Railing System, an integrated system of porch components and accessories; and fencing products, such as Trex Seclusions fencing product that uses interlocking pickets for privacy, and Trex Surroundings fencing that uses traditional pickets.

4) Nidec Corp. (NYSE:NJ)

SectorIndustrial Goods
IndustryIndustrial Electrical Equipment
Market Cap$12.26B
Beta0.92

NJ stock chart

Financials

5-Year Projected Earnings Per Share Growth Rate34.90%
Analysts' Rating1.00
Short Interest0.02%

Nidec Corporation engages in the manufacture and sale of electric motors and related components and equipment worldwide. It offers small precision motors, such as hard disk drives spindle motors; small precision brushless direct-current motors for optical disk drives, laser printers, copiers, and polygon scanners; brushless DC fans for game machine consoles, microprocessor units, servers, personal computers, communication devices, and automobiles; and other small precision motors for refrigerator ice makers, mobile phones, CD players, DVD recorders, and other products.

The company also offers general motors, including automotive motors for power steering systems, dual-clutch transmission systems, engine and fuel cell cooling systems, seat adjusters, window lifts, door lock actuators, and traction systems; home appliance motors for air conditioning and air purification systems, washing machines, refrigerators, and dish washers; and industrial motors for machine tools, heat pump and water heater systems, elevators, barrier-free facilities, electric tools, and air compressors.

In addition, the company offers machinery consisting of transfer robots for liquid-crystal-display panels and semiconductor wafers, as well as card readers, high-speed pressing machines, and power transmission systems; electronic and optical components, such as shutters and lens for digital still cameras and mobile phones, as well as switches, trimmer potentiometers, actuators, precision plastic moldings, and plastic metal casings; and pivot assemblies for hard disk drives, control valves for automotive transmissions, and music boxes, as well as provides logistics services.

*Company profiles were sourced from Google Finance and Yahoo Finance. Financial data was sourced from Finviz on 08/20/2012.

Source: 4 Industrial Stocks With Strong EPS Growth Projections And Analyst Ratings Of Strong Buy