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13 Hot Stocks Poised to Double, Triple ... Even Quadruple

(13 Hot Stocks Poised to Double, Triple ... Even Quadruple story updated to reflect fundamental data updates for stocks recommended in September and more recommendations from portfolio managers in October -- including Canadian Oil Sands) NEW YORK ( TheStreet) -- While "growth stocks" are more commonly equated to "small-cap stocks" in many investors' minds, there are large-cap stocks that are poised to pop too. Here we present stock picks -- both small and large -- of top portfolio managers, all primed to double, triple or even quadruple....

Canadian Oil Sands (COSWF)

Number of Analysts: 16

Average Recommendation: Hold

Market Cap: $13 billion

What's to Like About Canadian Oil Sands: "COSWF is a double in two years, plus healthy dividends along the way," Value Investment Principals principal and chief investment officer Sandy Mehta told TheStreet. "We believe that if one were to own the stock for say six to eight years, the entire purchase will have been repaid via dividends -- leaving an essentially zero cost basis -- plus capital appreciation."

Mehta has a strong buy recommendation for Canadian Oil Sands.

"This is a tremendous long-term story -- the longer one's time horizon, the more compelling and 'must own' this stock is, in our view, Mehta said in an investor note. He said Canadian Oil Sands has 45 years of high quality oil reserves and "much lower CAPX (capital expenditure) than other energy stocks, with limited exploration risk ... plus another 40 years in contingent resources ... another 20 years in prospective resources." Mehta calculated that Canadian Oil Sands has a 7.5% current year dividend yield.

"Despite myriad global concerns, oil is surging above $80 as we speak. Huge amounts of M&A is taking place in Canada's commodity space. Trust conversion should be a major positive catalyst later this year; significant production growth in the next couple of years," Mehta said. "Earnings should materially surpass expectations."

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