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5 Best Fast-Growth Stocks to Buy

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

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 are 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

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.

Waste Connections, contd.

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 are 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 Waste Connections 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

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 are 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. Six analysts award the company a strong buy recommendation and five say hold.

2. Novo Nordisk

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 successful 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 Novo Nordisk at a grade of A-Plus, or strong buy. Aside from our rating, six analysts recommend holding the stock.

1. Monro Muffler Brake

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 are 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.

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