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4 Stocks With Outstanding Growth Prospects: Sports Direct International PLC, Aggreko plc, Barclays PLC And Apple Inc.

Today I am looking at four big-cap beauties set to enjoy exceptional earnings growth.

Apple

Gadget gurus Apple (NASDAQ: AAPL.US) are out on their on their own when it comes to generating reliable sales growth from the mobile and tablet computer markets. While competitors like Samsung and HTC are seeing revenues drop through the floor, the California company’s position at the coalface of innovation has enabled it to navigate the market saturation seen across the premium phone and tablet segments.

And with Apple working equally hard to create stylish designs to complement its irresistible brand power, I believe that the tech manufacturer should continue to enjoy splendid earnings growth. This view is shared by the City, and Apple is anticipated to see earnings jump 39% and 7% in the years concluding September 2015 and 2016 correspondingly.

Such figures produce very attractive P/E multiples of 14.3 times for this year and 13.4 times for 2016 — a reading around or below 15 times is widely considered decent value.

Sports Direct International

The big-money deals seen across the fitness sector in recent weeks — namely the sale of Virgin Active to Brait, and Pure Gym’s purchase of health chain LA Fitness — illustrates the lucrative gains to be made from of Britain’s ongoing health craze. And in this light I expect revenues at Sports Direct (LSE: SPD) to keep on sprinting higher as the firm’s sneakers and sports equipment fly off the shelves.

And the business continues to expand its presence across the sporting sphere — Sports Direct sells everything from golf clubs and boxing mitts, right through to specialist climbing equipment — as well as improve its continental footprint to nudge sales still higher. Consequently the retailer is expected to see earnings surge 16% for the year ending April 2016, and 12% in 2017, figures that produce juicy earnings multiples of 15.8 times and 14.1 times respectively.

Aggreko

Despite the current impact of lower spending from the oil sector, I expect demand for Aggreko’s (LSE: AGK) power generators to blast earnings higher in the coming years. The business — which was this month replaced by Inmarsat in the FTSE 100 index — saw underlying revenues tick 4% higher during January-March, and I expect the firm’s diversification across a multitude of sub-sectors to deliver splendid sales growth as the global economy gradually improves.

In the medium term Aggreko is expected to see the bottom line expand 3% in 2015 before rising 8% the following year. Even though these projections create slightly-elevated P/E ratios of 17.9 times and 16.4 times for these years, I expect these numbers to plunge further ahead as generator demand, particularly from the construction sector, clicks through the gears.

Barclays

I believe that banking behemoth Barclays (LSE: BARC) (NYSE: BCS.US) should deliver brilliant earnings growth well into the future. The firm’s Transform package is cutting costs and improving its online banking proposition — a key growth area for any modern bank — while the improving UK economy is also giving its retail and business operations a helping hand. Meanwhile, Barclays is also ploughing vast sums into its operations across the highly-lucrative African continent to generate long-term growth.

Subsequently the City expects Barclays to clock up earnings growth of 35% and 22% in 2015 and 2016 correspondingly, forecasts that produce bargain-basement P/E readings of 11.5 times and 9.2 times. And the bank’s exceptional value is underlined by PEG numbers of 0.3 and 0.4 for these years, comfortably below the touchstone of 1.

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Royston Wild has no position in any shares mentioned. The Motley Fool UK has recommended Barclays, and Sports Direct International. The Motley Fool UK owns shares of Apple. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.