By David Sterman
Earnings growth is slowing across many industries. Companies are struggling since there aren't many costs left to cut, and the clear headwinds of a still-weak economy persist. Yet for a select group of companies, business is booming. These companies are on track to double, triple or quadruple earnings from this year to next.
Many banks including SunTrust Banks (NYSE: STI), Zions Bancorp. (Nasdaq: ZION), MB Financial (Nasdaq: MBFI) and PrivateBancorp (Nasdaq: PVTB) are all expected to see their per share profits rise at least 100% in 2012, largely due to the simple fact that loan losses in 2011 are expected to come off of the books. For the other stocks in the table below, earnings are expected to rise simply because business is quite good. Equally impressive: you can buy these stocks for less than 13 times consensus 2012 profit forecasts.
A few of these stocks stand
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