Out of 2,200 public U.S. technology stocks, these 25 winners passed hurdles for growth and profitability.
by Paul M. Murdock
Who's the next Google? for now, Google (nasdaq: GOOG - news - people ) is. It slipped into second place on our list of the fastest-growing tech companies but still shows triple-digit annualized revenue growth over the past five years. The company cannot sustain its current growth rate for long, but last November it aided its fast-growth status by grabbing YouTube for $1.65 billion. In addition to Google, 11 technology overachievers returned to this year's list, including three companies that have made the cut for each of the past five years. The 25 stocks listed here a year ago posted an average price gain of 16% versus an 8% rise in the Nasdaq Composite index. Our selection process: We require at least $25 million in sales, 10% annual sales growth for five consecutive years, profitability over the past 12 months and 10% estimated annual profit growth for the next three to five years. We exclude firms with significant legal problems or other open-ended liabilities and also consider accounting and corporate governance scores from Audit Integrity of Los Angeles in making our final cuts.
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