investing"Only buy stocks that are likely to hit the fences." That's what a number of seasoned stock pickers say -- and they make a bundle doing just that.

The hot-hand investors don't settle for a 15% or 25% return -- they aim for home runs. More specifically, they are in stock investing to double their money. True, these aren't your run-of-the-mill money managers, but such a feat can be achieved on a regular basis. These stock pickers are, however, rigidly disciplined about sticking to their own hard and fast rules.

Before I mention several stocks that might double your investment dollars, let's name some that actually did just that in about a year.

Stocks That Have Doubled

Novellus Systems (NVLS), TriQuint Semiconductor (TQNT), Holy Corp. (HOC), Mercer International (MERC), and Apple (AAPL) are some of the stocks that doubled within a year, although they represent only a small fraction of the 8,000 stocks that trade in the U.S. Some investors caught them at the right time and reaped 100% gains.

Robert C. Auer, senior portfolio manager at Auer Growth Fund (AUERX) and founder of SBAuer Funds, is one of the few investors who religiously adheres to a "double-your-money" strategy. SBAuer now manages some $235 million, having started with just $2 million in 1999.

"We canvass and screen all stocks trading in the U.S., and applying our dedicated investing principles, we have counted only 114 stocks, so far, that we believe would be capable of doubling in a year -- and we bought shares in all of them without exception," says Auer.

Auer first purchased 165,100 shares of Novellus on Feb. 10, 2010, at $21 a share, and sold them in March 2011 at $42. It's now trading at $37. In the case of TriQuint, the doubling in price took just seven months. Auer bought shares at $6.57 each and sold them at $13.21 on Jan. 5, 2011. In the case of Holy, he bought at $26.29 in November 2010 and sold when the stock reached $52 on Feb. 2, 2011. With Mercer, it took only three and a half months for Auer to double his investment. He bought shares at $5.89 in December 2010 and sold them on Feb. 15, 2011 at $12.79.

Sticking to Your Investing Principles

Apple is the one stock that got away. Auer wished he had bought shares early on because the stock doubled on several occasions. Auer didn't buy into Apple, however tempting, because it didn't meet one of his three principles for buying stocks: a price-to-earnings ratio below 12. From the time investors caught on to the magic of Steve Jobs and Apple, the stock's price-to-earnings ratio ranged between 14 and 20.

Auer's two other seemingly simple, but tough investing principles are: A company's earnings growth in the most recent quarter should be at least 25% above the previous year, and revenue growth in the most recent quarter should be at least 20% higher than the year before.

"We don't bother to know or decipher what kind of companies they are because we don't want to be distracted by factors other than our three cardinal buying principles," says Auer. So what are some of the stocks that qualify?

Doubling Your Money


Here are four companies that aren't household names but meet Auer's stringent "double-your-money" buying principles:

Cliff Natural Resources (CLF), the largest supplier of iron ore pellets in the North American steel industry, currently trades at $98.25 a share. In its latest quarter, the company posted earnings growth of 98%, compared to a loss a year ago. Revenues jumped 50% during the quarter. Despite such impressive results, the stock is trading at a price-to-earnings ratio of just 11. Auer bought shares at $58.72 a share in August 2010. It's not too far from a double at this point.

Rubicon Technology (RBCN), now trading at $27.46 a share, makes mono-crystalline sapphire used for light-emitting diodes mainly for cell phones and video screens, as well in semiconductor manufacturing and laser imaging. Auer bought shares on Feb. 15, 2011 at $23, then trading with a 10 price-to-earnings multiple. What's impressive about Rubicon is it posted an unbelievable 100% jump in earnings in its most recent quarter, on revenues that leaped about 80%. The stock is now at $26 a share.

KLA-Tencor (KLAC), the world's leading maker of yield-monitoring and process control systems for semiconductor companies, is trading at $47.25 a share. It posted a stunning 393% earnings growth in its most recent quarter, on revenues that advanced 74%. Auer bought shares in early March at $45 a share, then trading with a price-to-earnings ratio of 10.5. Auer says the company expects sales to leap even more because of exploding demand for its products from makers of tablet computers, such as the Apple's iPad, and iPhones.

Cimarex Energy (XEC), an independent oil and gas exploration and production company with operations in the Midwest, Permian Basin, and the Gulf of Mexico, is trading at $115 a share. Its production is 61% natural gas and 39% oil. Auer accumulated shares between $70.46 and $79.82 in November 2010, when its price-to-earnings ratio stood at around 10. The stock is currently trading at $116.87. "It has been a fast-moving stock, and I am sure it's on its way to doubling in price," says Auer.

So far this year, there are only nine stocks that have doubled during the first quarter of 2011, based on Auer's investing guidelines. For investors seeking such huge returns, and who are impressed with Aeur's investing principles and track record, the four stocks among the 114 he has targeted look attractive, indeed.


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Dereck

Major Fraud Alert


The entire Federal Banking System under FirstGov has been "Consumed" and "Levied" by way of a Maryland State Circuit/District Court Ruled “Appropriation and Garnishment” of all Future Earnings prior to and after 2004 against Bank Of America by way of the F.D.I.C. Regulations Prohibiting failing Banks from Merging with other failing Banks between the Dates of 08/04/08 and 10/09/09.

Bank of America violated the 21st Century Act: Final Amendments to Regulation CC Section: http://www.federalreserve.gov/boarddocs/press/bcreg/2004/20040726/attachment.pdf

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Businesses owned by the States (Public Corporations) are being sold Stock Shares by Corporations also under the Federal Banking System in this Worldwide "Ponzi Scheme". The World Fortune Company Merrick Inc. Sweden is dissolving Millions and Billions of Dollars from "All Levels of Government"in the U.S. of Financing based upon Years of "negligent inaction" involving this case.

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May 29 2011 at 12:18 AM Report abuse rate up rate down Reply
leewardrodco

Fire this idiot that recommended KLAC and RBCN as stocks to double our money.
Sorry, I followed his advice and have lost more than $2,000 in TWO DAYS.

April 08 2011 at 11:52 AM Report abuse rate up rate down Reply
notpimfox

http://www.thestreet.com/story/11069273/5/pro-investors-strategy-session-for-april.html

April 06 2011 at 6:53 PM Report abuse rate up rate down Reply
malcolm

hopefully the dow jones will hit 13,000 before october..that's when i'm selling..watch the big fall pullback in october..it always seems that's when things tank for the markets..coincidence or history? hell if i know..

April 06 2011 at 6:45 AM Report abuse rate up rate down Reply
ronsjigslures123

You can still buy Silver American Egales for about 45 bucks each coin in a lot of trusted places, bars at a couple bucks over spot price of 38 bucks, hord them in safty deposit boxes there cheap and you can get as many boxes as you want in different banks for cheap yearly rates. Don,t fore get each one of those silver egals coins will pay you back in ONE year 40 to 50 bucks profit PLUS your cost of the coin, same with bars. HOW CAN you beat that deal its a no branier, many people are sitting on hords now and when the USA and world starts to get back on its feet it will need tons of pure silver for industry, silver is not a bubble it will hit a high then settle in for a long run for a few years ONLY a few bucks under its high. Buy it low right now you will be glad you did.

April 06 2011 at 2:24 AM Report abuse +1 rate up rate down Reply
ronsjigslures123

I dumped most of my stock and bought silver in bars and coins some time ago, bars at 12 bucks a oz. and one oz. coins at around 11 to 15 bucks each. Tripled my money in a short period of time, only 3 years, Silver is going up 30 cents a day average, how can you beat that, i still hold some stocks but most have in silver it will hit 50 bucks a oz in couple months and even 95 bucks a oz. buy January 2012. It has been the best money maker i have ever had, next to the Yahoo stocks i bought years ago held for some years and dumped them, and Ebay when first come on the scean. One good thing about silver is that last week i went to the bank and loaded a small paper box full of silver bars and took it to a buyer i have been dealing with and walked out of the place with 35 grand, i GOT BACK all the cost i spent on the silver bars, PLUS a really hefty profit. And the great part didn,t have to PAY A THIN DIME to sell it just the gas in my truck to get there. I have many lbs. of silver bars and coins left and will wait untile it hits 80 to 90 bucks then ill cash 3/4 of it for a cool 3/4 million bucks or more. Life in the silver market is really paying off, glad i got into it. I didn,t know it was this easy untile a few years ago, and the cost is NOTHING to sell my hord.

April 06 2011 at 2:14 AM Report abuse +1 rate up rate down Reply
kluj1

with an oink oink here and an oink oink there...here an oink there an oink....all the greedy piglets cry oink oink oink when all their money dissapears. But but but that was my retiement money, my 401k money, my my my...it can't be gone....i want a bailout...oink oink oink

April 05 2011 at 9:40 PM Report abuse rate up rate down Reply
kluj1

what takes years to go up comes down in a day or two. Even scarier is the fact that where the market closes it does not have to open. Wake up, have coffee, turn on the tv, listen to everyone yapping and crying like a piglet that the market is going to open 1000, 2000, 3000 points lower...then the blame game begins...and the "if onlys" and "couldah, shouldahs" but didn'ts....whaaa whaaa whaaa!

April 05 2011 at 9:18 PM Report abuse rate up rate down Reply
kluj1

and then when the bear market down draft wipes out everyones money as it always does they cry like little piglets and want sympathy if not all their money back !! whaaa whaaa whaaa. That light everyone is seeing at the end of the tunnel is an oncoming freight train about to wipe you out financially. sell !! sell short !!

April 05 2011 at 9:16 PM Report abuse rate up rate down Reply
kluj1

or you could lose your principal in another bear market down draft like 2008. What, you think that was it?

April 05 2011 at 9:11 PM Report abuse rate up rate down Reply