7. Woodward ( WWD) is a designer, manufacturer, and provider of energy control and optimization solutions. The company designs, produces, and services components and integrated systems that manage and control the energy of fluid movement, motion, combustion and electricity. Net sales for the second quarter of fiscal 2011 were $419 million, increasing 20% from $349 million during the second quarter of the prior year. Net earnings were $32.1 million compared with $24.1 million in the same quarter of the earlier year. Operating profit was $53 million as against $43 million during the second quarter of 2010 due to increased volumes, although partially offset by higher R&D costs and variable compensation. The company expects fiscal 2011 sales to come in line with the original guidance of $1.55 billion to $1.65 billion, and earnings per share between $1.75 and $1.90. The stock has 70% buy ratings and is expected to deliver 26% over the next year. The stock trades at 17.3 times its estimated 2011 earnings.