More Top Growth Stocks

If analysts are to be believed, there's no better time to bet on fast movers than right now.

That's great news for a growth-stock junkie like me. Yet the truth is that careful investments in promising young firms can transform a portfolio in any market. All-star professional investors seek high-growth stocks 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
But not all growth stocks will do. Our weekly hunt is for the next great multibagger. Think of Christopher & Banks (NYSE:CBK) or NVR (NYSE:NVR). 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, Nuance interests me most. Why? First, because Nuance has twice made this list. And second, because Foolish colleague Bill Mann -- who happens to be one of my favorite investors -- chose the stock for the January 2006 issue of Motley Fool Hidden Gems. I believe his thesis is still intact.

But don't take my word for it. Due 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.

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 what they are? You can get30 days of free access to the service.

Fool contributor Tim Beyers, ranked 1,303 out of 16,999 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. The Motley Fool's disclosure policy is your portfolio's competitive advantage.