Investors love growth stocks for their ability to power their investment portfolio to new heights. If chosen right, such stocks can steadily grow your portfolio through capital gains as they continue to post higher revenue and profits. That said, such stocks usually come with higher valuations as they are boosted by optimism and could fall sharply if expectations are not met.

Hence, you must look for characteristics that ensure these stocks can recover from short-term challenges and post steady long-term growth. Ideally, you want to buy stocks that command strong market share in the sector they are in, are run by a capable management team, and possess sustainable tailwinds that enable them to post robust growth. It is not unusual for growth stocks to double or even triple your money in two or three years. This crop of three stocks has the right attributes to possibly lift your portfolio's value by five times or more in the next few years.

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Source Fool.com