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With a global growth slowdown and sub-par earnings reports this season, investors should be searching for continued growth opportunities in 2013 that are still in tact. To come up with these five stocks I have screened for companies with the following growth characteristics: Projected EPS growth next year versus this year greater than 10%, forward EPS long-term growth greater than 9%, and market cap greater than one billion with technical bullish characteristics including at or near oversold territory. My goal was to find stock opportunities that could be purchased today and thrive through the upcoming year.

Additionally, I have split out the five stocks by their sectors. Please note that not every sector is mentioned.

Energy:


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Rowan Companies PLC (NYSE:RDC) based in the United Kingdom provides international and domestic offshore contract drilling. They recently had weaker than expected net income due to a number of non-recurring items that had a short-term negative impact. RDC leads the screener in projected EPS growth next year versus this year at 53.08% and forward EPS long-term growth at 22.67%.

The charts below indicate that the positive EPS and sales growth numbers significantly outweigh the short-term set backs of this global energy company.

Earnings Est Current Qtr.
Dec 12
Next Qtr.
Mar 13
Current Year
Dec 12
Next Year
Dec 13
Avg. Estimate 0.69 0.67 2.10 3.19
No. of Analysts 34.00 23.00 36.00 41.00
Low Estimate 0.43 0.01 1.70 1.13
High Estimate 0.85 0.92 2.32 4.20
Year Ago EPS 0.27 0.47 1.14 2.10

Revenue Est Current Qtr.
Dec 12
Next Qtr.
Mar 13
Current Year
Dec 12
Next Year
Dec 13
Avg. Estimate 354.47M 373.55M 1.38B 1.59B
No. of Analysts 26 18 35 35
Low Estimate 339.10M 277.80M 1.33B 1.29B
High Estimate 371.40M 405.50M 1.41B 1.70B
Year Ago Sales 275.10M 333.50M 939.20M 1.38B
Sales Growth (year/est) 28.90% 12.00% 46.70% 15.10%

Additionally, RDC has a good P/E relative to competitors at 5.4 and the November 16th calls at a price of 35 outweigh the puts at a ratio of 74.5:1.

Consumer Staples:


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CVS Caremark Corp. (NYSE:CVS) is a pharmacy healthcare provider with a wide variety of services operating under three main segments: pharmacy services, retail pharmacy, and corporate. CVS is also in the 91st industry percentile for revenue growth in the last five years. Revenue per employee is also at an impressive $576,000.

Invest in this company if you don't mind the small dividend, reasonable P/E of 16.6, and consistent growth throughout next year. CVS reports earnings on November 6th and the average estimate is .84 or .14 higher than the same quarter last year. Owning this stock may also help you sleep better at night because of its consistent performance and its donation over $100,000 to hurricane Sandy efforts.

Consumer Discretionary:


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Honda Motor Co (NYSE:HMC) is headquartered in Tokyo, Japan and has an excellent gross margin compared to peers. The gross margin of Honda is 26% compared to Nissan Motor (OTCPK:NSANY) at 17% and Toyota Motor (NYSE:TM) at 13%. Projected EPS growth next year versus this year is 17.85% and forward EPS long-term growth is 31.9%. Honda is oversold from a technical standpoint and also looks like it might rebound nicely off the 30 price level.

Earnings Est Current Qtr.
Sep 12
Next Qtr.
Dec 12
Current Year
Mar 13
Next Year
Mar 14
Avg. Estimate 0.93 0.91 3.76 4.32
No. of Analysts 1.00 1.00 2.00 2.00
Low Estimate 0.93 0.91 3.68 4.18
High Estimate 0.93 0.91 3.84 4.46
Year Ago EPS 0.43 0.34 1.43 3.76

Honda's price may be unjustly battered due to the natural disasters in Japan and the recovery that is still in play. Honda has a strong adaptability to the market and has the lean business model to do well versus peers as they become more of a threat in the automotive industry. Honda recently released big plans for three new hybrid systems let's hope management will effectively carry this out as they have done in the past.

Information Technology:


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International Business Machines Corp (NYSE:IBM) has done historically well in winter months and the long-term up trend of this IT giant should continue. IBM has the largest market cap and enterprise value in the industry and also has strong fundamentals including a 78% return on equity and a 14% return on assets.

Earnings expect to beat next year while sales look relatively flat. For the most recent quarter ended September 30th, 2012 - IBM still looks to be in great financial condition. Compared to the same period last year costs have decreased 968 million and total comprehensive income has increased 1.7 billion (unaudited). Surprisingly, IBM trades at a modest P/E of roughly 14 with a forward P/E of 11.85.

Retail:


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TJX Cos. Inc (NYSE:TJX) operates worldwide through off-price retail and home fashions. This retailer has very strong metrics including a 52% return on equity, a 20% return on assets, and a 38% return on investment (these all come in above the 95th percentile in the specialty retail industry).

TJX reports earnings on November 13th and EPS is expected to beat the same period last year by eight cents. The earnings and sales guidance for this retailer look strong and steady:

Earnings Est Current Qtr.
Oct 12
Next Qtr.
Jan 13
Current Year
Jan 13
Next Year
Jan 14
Avg. Estimate 0.61 0.76 2.49 2.78
No. of Analysts 21.00 25.00 23.00 27.00
Low Estimate 0.59 0.73 2.43 2.65
High Estimate 0.65 0.82 2.55 3.05
Year Ago EPS 0.53 0.62 1.99 2.49

Revenue Est Current Qtr.
Oct 12
Next Qtr.
Jan 13
Current Year
Jan 13
Next Year
Jan 14
Avg. Estimate 6.27B 7.37B 25.40B 26.89B
No. of Analysts 20 20 23 22
Low Estimate 6.12B 6.94B 24.81B 25.91B
High Estimate 6.42B 7.58B 25.74B 27.55B
Year Ago Sales 5.79B 6.71B 23.19B 25.40B
Sales Growth (year/est) 8.30% 9.80% 9.50% 5.90%

Another good sign for this company was the strong rebound off the 200 day moving average. The nature of their business model seems to be "recession proof" and this retailed should do well next year and beyond. While the P/E of 18.7 is slightly higher than what you would want - it makes perfect sense with the future growth prospects.

All give of these companies will make good additions to your portfolio in the upcoming year. If slowed growth is your fear look to invest in companies with strong growth prospects at a reasonable price. Good luck investing!

Source: 5 Stocks For A Great 2013 Growth Portfolio