Bargain hunting - strong earnings growth.

Last time I was screening top yielding stocks among S&P500 components and this time I run my fundamental stock screen for growth stocks. I set as a criteria "Estimated earnings growth for next 5 years" to be at least 25% per year. There are 18 companies with such a projected growth. For better picture I've also added P/E ratio and share price return on yearly and quarterly basis.

Investing strategy based on strong projected EPS growth shows following results. S&P 500 index is yearly down by -18% and average return for selected stocks is up by 20%. On quarterly basis S&P 500 down by -9% and again beaten by growth stock with average return -2%.

Ticker	Company Name	Forw.	EPS gr.	Yearly	Quarterly
		PE	Next 5y
(MEE)	MASSEY ENERGY CO	13	50	181%	52%
(NOV)	NATL OILWELL VARC	14	45	50%	25%
(CELG)	CELGENE CP	29	42	17%	8%
(MTW)	MANITOWOC CO INC	7	41	-36%	-39%
(MON)	MONSANTO COMPANY	27	36	79%	-1%
(ISRG)	INTUITIVE SURG IN	35	36	71%	-28%
(GT)	GOODYEAR TIRE RUB	5	35	-52%	-35%
(CAM)	CAMERON INTL CP	16	32	41%	13%
(MUR)	MURPHY OIL CP HLD	9	31	52%	8%
(RIG)	TRANSOCEAN INC	8	28	26%	-2%
(WFR)	MEMC ELECTRONIC M	10	28	-11%	-25%
(CTSH)	COGNIZANT TECH SO	16	28	-22%	6%
(GOOG)	GOOGLE	21	28	-1%	12%
(ICE)	INTERCNTNTLEXCHAN	16	26	-34%	-31%
(TIE)	TITANIUM METALS C	8	26	-65%	-36%
(SWN)	SOUTHWESTERN ENER	26	25	88%	15%
(AKAM)	AKAMAI TECH INC	16	25	-33%	2%
(SII)	SMITH INTL INC	17	25	32%	14%