5 More Top Growth Stocks

Welcome back! Last week, we introduced you to a process for identifying promising growth stocks worthy of your investment dollars. Why do this? Because:

• Businesses that make investors billions always begin as fast growers.
• The best of them feature massive and identifiable competitive advantages.
• Growth as a strategy has the capacity to deliver 20% or greater annual returns for decades at a time.

How we do it
Obviously, that last point is the most important. We're searching for the next great multibagger. Think of Cisco (NASDAQ:CSCO) or Amazon.com (NASDAQ:AMZN). But unlike David Gardner and his team at Motley Fool Rule Breakers, who scour everything from financial statements to trade magazines to clinical reports in their research, we're going to rely on the Motley Fool CAPS community intelligence database.

Specifically, we're looking for stocks that are expected to grow earnings by an average of at least 20% annually over the next five years and that have earned a five-star rating in CAPS. Five-star stocks are those that the community, on the whole, believes will outperform the S&P 500.

Let's have the list
Now, with that preamble behind us, here are five more top growth stocks:

Bear in mind that this isn't a list of recommendations. Instead, I offer these stocks as candidates for further research. Among the list, W&T Offshore made my CAPS portfolio because of bullish insider buying by CEO and co-founder Tracy Krohn.

But that's just me. Do your own due diligence, then check in with thousands of other investors at CAPS. And if you'd like, add your own commentary. You'll be helping your fellow Fools and testing your ideas at the same time. Click here to get started now; the service is 100% free.

I'll see you back here next week for five more top growth stocks.How great is growth? Three of the dozens of stocks in the market-beating Motley Fool Rule Breakers portfolio have quadrupled in two years. Care to find out who they are?Click here to get 30 days of free access to the service.

Fool contributor Tim Beyers, ranked 1,437 out of 12,466 in Motley Fool CAPS , is a sucker for growth stocks and a regular contributor to David's Motley Fool Rule Breakers service. Tim didn't own shares in any of the companies mentioned in this story at the time of publication. Get the skinny on all of the stocks in Tim's portfolio by checking his Fool profile. Amazon is a Motley Fool Stock Advisor pick. The Motley Fool's disclosure policy is your portfolio's competitive advantage.