3 stocks down in March to buy in April

These three companies with huge growth are on sale!

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April could be a great time to bag yourself some long-term bargains after falling share prices in March put some top companies with big growth outlooks on sale.

Top companies like Santos Limited (ASX: STO). The market discounted shares in Santos by 7% in March and shares are now down 16% for the last six months. The falls, however, ignore the very real long-term growth headed Santos' way, driven by massive production increases and rising oil and gas prices.

The firing-up of Santos' 13.5% stake in PNG LNG later this year will kick off a period of strong production and revenue growth which is expected to extend until 2020. Over this time Santos expects to progressively increase free cash flow payouts to shareholders, setting the company up as a future dividend earner.

Ainsworth Game Technology Limited (ASX: AGI) has also suffered big falls in March, down 13%. It's a great opportunity to add this fast grower to your portfolio which is majority owned by founder and billionaire Len Ainsworth.

AGT's first-half FY14 result saw earnings before tax jump a huge 51% to $45.6 million. A highlight was the 380% increase in revenues out of South America which accounts for 70% of the company's international revenue.

Last, but certainly not least, is FlexiGroup Limited (ASX: FXL) which provides leasing and financing to consumers through retailers like Harvey Norman Holdings Limited (ASX: HVN). Shares in FlexiGroup dropped 7% in March, bringing the company's total drop for the year-to-date to 19%.

The fall seems to be driven by fears that a slowdown in consumer spending will dent future earnings. However with an outlook for cash NPAT growth of up to 19% for the full year 2014, and trailing P/E ratio of just 14, the company has me excited.

Foolish takeaway

The poor share performances suffered by these great companies need not be a reason to mourn. Instead it is a great opportunity to bag some bargains or top up your long-term portfolio.

Motley Fool contributor Regan Pearson owns shares in Flexi Group Limited

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