More Top Growth Stocks

We're back to help you identify promising growth stocks that may be worthy of your investment dollars. To review, we do this because:

1. Businesses that make investors billions always begin as fast growers.

2. The best of them feature massive and identifiable competitive advantages.

3. Growth as a strategy has the capacity to deliver 20% or greater annual returns for decades at a time.

How we do it
Obviously, it's that last point that's most important. We're searching for the next great multibagger. Think of eBay (NASDAQ:EBAY) or Vertex Pharmaceuticals (NASDAQ:VRTX). 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 which 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, HealthExtras intrigues me the most, for it participates in the booming health-care industry, which, in turn, is fueling in excess of 40% sales growth.

But don't take my word for it. Do your own due diligence, and 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.

And see you back here next week for five more top growth stocks.

How great is growth? Three of the stocks recommended in the market-beatingMotley Fool Rule Breakersportfolio have quadrupled in two years, including Vertex. Care to find out the names of the other two?Grab yourself30 days of free access to the service.

Fool contributor Tim Beyers, ranked 2,598 out of 12,903 inMotley 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. eBay is a Motley Fool Stock Advisor pick. The Motley Fool's disclosure policy is your portfolio's competitive advantage.