In July 2018, shares of discount retail chain Five Below (NASDAQ: FIVE) traded at about $100. Today, Five Below stock trades closer to $200 per share, meaning shares have doubled during the past five years, compared to a 60% gain for the S 500.

Five Below stock is a long-term market-beating stock. As I'll explain, there's one big reason for this. And it's why I believe Five Below stock could double over the next five years as well.

Five Below sells products for kids and teens at low prices. Its stock is doing well because its business is growing sharply. Over the last five years, the company's revenue and earnings per share (EPS) have both more than doubled.

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Source Fool.com