Aristocrat Leisure Limited, Flight Centre, Fortescue Metals Group Limited: 3 high-growth stocks

These companies all had earnings-per-share growth more than 20% in 2013.

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If you own one or more of the following stocks, then pat yourself on the back because each one of them grew their per share earnings by more than 20% in 2013.

If you don't, then it might be worth your time and money to see what these companies have in store for 2014 as they continue with their growth stories.

Aristocrat Leisure Limited (ASX: ALLEPS growth: 132.9%

The gaming machine and software producer is returning to its prior level of business and revenue. With casino development in Asia still strong, the region's gaming machine market share leader will be installing and maintaining more machines and gaming software.

Japan may open up to the casino industry and the company may have a good share of that potential market. Domestic casino and integrated resort development will increase with a second possible gambling venue in Sydney, in addition to the three extra gambling licenses to be created in QLD.

Flight Centre Travel Group Ltd (ASX: FLTEPS growth: 22.9%

Naysayers who thought the flight bookings and holiday reservations service provider couldn't succeed against online-only rivals were proven wrong by the successful revamping of the shop fronts, online service and brand.

New promotions, TV ads, and development of its hyperstore format model are driving business and earnings. Increased corporate travel business is a priority because of its higher profit margins, and the company is expecting to have a 17-city presence in the USA by the end of FY 2014.

Please fasten your seatbelts. The company is about to take off.

Fortescue Metals Group Limited (ASX: FMGEPS growth: 20.5%

The iron ore miner's strategy to expand production dovetailed right into stronger iron ore prices, and the combination has been astounding. It has been able to drive up revenue to record levels, and surprised the market by paying down its borrowings by as much as $3 billion with plans for more payments to come.

The capacity expansion is continuing, and even at potentially lower iron ore prices, the higher sales volumes keep earnings up and growing. There is room for this story to grow.

Foolish takeaway

The plans and strategies that got each company's earnings up so high are still at work. So when you have a good investment idea, it's best to let your profits bloom and weed out the weak performers.

Motley Fool contributor Darryl Daté-Shappard does not own shares in any company mentioned. 

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