D.R. Horton

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Projected 2012 sales growth: 15%

2013 sales growth: 21%

2014 sales growth: 27%

We've made an exception for D.R. Horton ( DHI), which is expected to boost sales by "only" 15% this year. This homebuilder owns various swaths of yet-to-be-developed real estate, and analysts expect home building activity to steadily rebound in coming years after several years of under-building.

D.R. Horton is a favorite of some analysts due to a strong record of keeping costs very low. The fact that overhead expenses are now half of what they were back in 2006 means that the company has a huge amount of operating leverage as sales rise.

You can see that leverage in analysts' bottom-line forecasts. D.R. Horton is expected to more than double profits in fiscal (September) 2012 to around 50 cents, and EPS is expected hit 80 cents in fiscal 2013 and $1 a share in 2014. Shares have pulled back a bit recently in the face of a possible slowdown in housing sentiment this spring that has affected all home builders, but this kind of growth potential makes shares attractive for investors that have a multiyear time frame.

D.R. Horton shows up on a list of 10 Stocks Leading the Way in the Housing Recovery.

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