5 Best Fast-Growth Stocks to Buy

TheStreet Ratings stock model identifies the five best fast growth stocks to buy.
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NEW YORK (

TheStreet

) -- TheStreet Ratings' stock model screens for the best fast growth stocks, and these companies rank in the top 10% of our stock ratings universe with 'buy' level ratings of A-minus or better. They also have top and bottom line growth potential in excess of 12% over the next year.

5. Dollar Tree Stores

(DLTR) - Get Report

Company Profile

Dollar Tree Stores operates discount variety stores with merchandise sold at a fixed price of $1.00. With the 2009 poverty rate in the United States climbing to the highest level since 1959, Dollar Tree Stores is well positioned to serve this sadly expanding demographic.

Income Statement

In the fiscal second quarter ending July 31, Dollar Tree Stores grew its top line revenue by 12.7% to $1.4 billion over the year ago quarter. Over the same period, net income progressed by 37.1% to $78 million. Full year earnings per share is expected to grow from $3.07 to $3.49 over the next 12 months.

Balance Sheet

Stockholders' equity, the net worth of the company, has increased by 5.4% in the most recent quarter from the same quarter last year.

Stock Ratios

The company's five year annualized growth rate for sales of 10.1% exceeds the industry average of 6.6% and the S&P 500 reading of 2.6%.

Analyst Ratings

Our model rates Dollar Tree Stores at a grade of A, or "strong buy." In total there are 11 analysts awarding the company a strong buy recommendation, one at "moderate buy", seven at "hold' and one at "strong sell."

4. Waste Connections Inc

(WCN) - Get Report

Company Profile

Waste Connections provides trash collection and recycling including 134 waste collection operations, 55 transfer stations, 43 landfills, and 37 recycling plants. The California based company serves around two million residential and commercial customers.

Income Statement

In the fiscal second quarter ending June 30, Waste Connections added to its top line revenue by 9.1% to $330 million over the year ago quarter. Full year earnings per share is expected to grow from $1.82 to $2.12 over the next 12 months.

Balance Sheet

Stockholders' equity, the net worth of the company, increased marginally by 1.6% in the most recent quarter from the same quarter last year.

Stock Ratios

The company's 5 year annualized growth rate for sales of 12.3% exceeds the industry average shrinkage of 0.9% and the S&P 500 reading of 2.6% growth.

Analyst Ratings

Our model rates Dollar Tree Stores at a grade of A, or strong buy. In total there are six analysts awarding the company a strong buy recommendation and two giving a recommendation of hold.

3. ONEOK Partners

(OKS)

Company Profile

ONEOK Partners, based in Tulsa, Oklahoma, gathers, stores, processes, and delivers natural gas to the central U.S. The company's pipelines for interstate transportation cover from North Dakota down to Texas.

Income Statement

In the second quarter ending June 30, ONEOK Partners grew its top line revenue by 47.1% to $2.1 billion over the year ago quarter. Over the same period, net income rose by 7.7% to $105 million. Full year earnings per share is expected to grow from $3.35 to $3.94 over the next 12 months.

Balance Sheet

Stockholders' equity, the net worth of the company, has increased by 8.1% in the second quarter from the same quarter a year ago.

Stock Ratios

The company's 5 year annualized growth rate for sales of 59.6% trounces the industry average of 4.5% and the S&P 500 reading of 2.6%.

Analyst Ratings

Our model rates ONEOK Partners at a grade of A, or strong buy. In total there are six analysts awarding the company a strong buy recommendation and five say hold.

2. Novo Nordisk

(NVO) - Get Report

Company Profile

Novo Nordisk is a biopharmaceutical company that specializes in the treatment of diabetes. This leading distributor of insulin as well as other anti-diabetic therapies is based in Denmark.

Income Statement

In the second quarter ending June 30, Novo Nordisk shrank by 10% on its top and bottom lines. However, full year earnings per share is expected to grow from $3.92 to $4.67 over the next 12 months.

Balance Sheet

The company has been successfully in reducing its outstanding debt to just $168 million, or just 3% of total equity.

Stock Ratios

The company's 5 year annualized growth rate for sales of 12.8% exceeds the industry average contraction of 6.4% and S&P 500 growth reading of 2.6%.

Analyst Ratings

Our model rates Dollar Tree Stores at a grade of A-Plus, or strong buy. Aside from our rating, six analyst award the company hold recommendation'.

1. Monro Muffler Brake

(MNRO) - Get Report

Company Profile

Monro Muffler Brake fixes brakes, mufflers, and complete other automotive repair work in its network of more than 700 stores. The company is based in Rochester, New York.

Income Statement

In the fiscal first quarter ending June 26, Monro Muffler Brake's top line revenue jumped by 23.6% to $158 million over the year ago quarter. Over the same period, net income leapt by 40.4% to $13.2 million. Full year earnings per share is expected to grow from $2.03 to $2.47 over the next 12 months.

Balance Sheet

Stockholders' equity, the net worth of the company, has increased by 21.8% in the most recent quarter from the same quarter last year.

Stock Ratios

The company's 5 year annualized growth rate for sales of 9.9% exceeds the industry average contraction of 5.2% and the S&P 500 sales growth rate of 2.6%.

Analyst Ratings

Our model rates Monro Muffler Brake at a grade of A-Plus, or strong buy. In total there are three analysts awarding the company a strong buy recommendation with two hold recommendations.

-- Reported by Kevin Baker in Jupiter, Fla.

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Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.