his is the third in a series on stocks with the fastest estimated earnings growth in 2012. The first two articles focused on Take Two Interactive(TTWO) with estimates expected to grow over 400% and Patriot Coal(PCX) with numbers expected to nearly triple. The third fastest growing company is Manitowoc (MTW) with earnings expected to grow over 220%. Since we recently wrote a report on the crane sector which included MTW and the number six fastest grower in Terex (TEX), this article will focus on the next two stocks on the SteetAuthority list.
Accuride (ACW) and Meritor (MTOR) supply parts to the automobile industry. Both companies were forecasted to grow earnings by roughly 220% next year. Likely both companies are relatively unknown by the investment community, which is one of the major benefits of such analysis. Focusing on just the names that hit the media outlets can cause investors to ignore under the radar investment ideas.