NEW YORK ( TheStreet) -- I'm going to make a case for hyper-growth stocks.My definition for hyper-growth is a stock that Wall Street analysts project will have double-digit growth in both sales and earnings. I'll offer the premise that if rising revenue and earnings are eventually reflected in a rising share price, then I'd like a portfolio loaded with those stocks that have the highest growth in revenue and earnings. Using stock screeners, I looked for stocks projected to increase earnings by an annual rate of 25% for the next five years that are hitting the most frequent new highs. My screening came up with NQ Mobile ( NQ), formerly NetQin Mobile, a packaged software company with a market cap of $517.08 million and sales of about $21.825 million in the last 12 months. It describes itself as a global mobile security privacy and productivity software company co-headquartered in Beijing and Dallas and trades in ADRs. Of course I'd expect the stock to increase faster than the general market as gauged by the Value Line Index. Sure enough, the index increased 10.79% in the last six months while NQ Mobile gained 126.30% during the same period:
Microsoft: Market cap $264.98 billion with revenue projected to grow 6.60% next year and earnings to grow 8.63% annually for the next five years. Institutional ownership is 69.39%. Oracle: Market cap $152.39 billion with revenue predicted to grow 5.20% next year and earnings estimated to increase 10.62% annually for the next five years. Institutional ownership is 60.23%. SAP: Market cap $90.3 billion with revenue expected to increase 9.30% next year and earnings projected to increase 11% annually for the next five years. Institutional ownership is only 4.01%.
At the time of publication, the author did not hold positions in any of the stocks mentioned in this article. Follow @JimVanMeerten This article was written by an independent contributor, separate from TheStreet's regular news coverage.