Get a head start on growing your opportunities in 2015. You may have some good dividend stocks, but get supercharged with these high-growth stocks. Make next year the year you make a difference in your investing performance.
I have four stocks that are showing high growth already and should be able to carry it on further.
Aristocrat Leisure Limited (ASX: ALL) is the market leader for electronic gaming machines in Australia and Asia. It is also expanding its US gaming market footprint in online social gaming. Through recent acquisitions it now is producing games on websites such as Facebook, where players can buy items and special features, generating income. Analysts forecast annual earnings growth of about 20% annually in the next couple of years. Macau may be in a temporary slump, but business is picking up in Las Vegas.
TPG Telecom Ltd (ASX: TPM), the broadband and telecom service provider, looks to be on a strong footing to grow its high-speed broadband network. It will be allowed to compete with the national broadband network, but will be required to separate its wholesale and retail service businesses. It still can add many customers potentially as it extends its physical network infrastructure. However, it may be required to pay a levy to support regional and rural network development apart from the more lucrative urban areas where its network is concentrated. This could impact analyst forecasts as more details come out about NBN wholesale service provision, so investors will have to watch this story closely. But for now, it is expected to grow earnings over 20% a year for the next two years.
Domino's Pizza Enterprises Ltd (ASX: DMP) has pulled back in share price 19% from about $29.50 to $23.88 since late October. Is it a buy now? Well, it is better priced, but still is trading at 40x earnings. Analysts are looking for earnings to rise about 23% annually over the next several years as it rolls out more stores in Australia, New Zealand and especially Japan. It may have more investor support around $23, but I would wait to see if that slips further. The half-year results will give a better view of how the Japanese store openings are going. I would wait to see that as well.
SEEK Limited (ASX: SEK) operates the number one job search website seek.com.au. It's been busy in FY 2014 with the acquisition of Malaysia-based employment placement website JobStreet and the listing of the Chinese job search website Zhaopin Ltd (NYSE: ZPIN) on the New York Stock Exchange. Its Asian expansion plans are moving along well and showing good earnings growth. Analysts think it could raise earnings as much as 22% annually over the next several years. It wants to establish itself as a market leader in job search and placement in several emerging markets like Brazil, Mexico and South East Asia. With their expertise and good cash flows, I think they can keep the growth going. It's reasonably priced for its growth, so you should add this one to your portfolio.
