Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.

Luckily for you, our job at StockStory is to help you avoid short-term fads by pointing you toward high-quality businesses that can generate sustainable long-term growth. On that note, here are three growth stocks expanding their competitive advantages.

Five Below (FIVE)

One-Year Revenue Growth: +25.9%

Often facilitating a treasure hunt shopping experience, Five Below (NASDAQ: FIVE) is an American discount retailer that sells a variety of products from mobile phone cases to candy to sports equipment for largely $5 or less.

Why Do We Like FIVE?

1. Aggressive strategy of rolling out new stores to gobble up whitespace is prudent given its same-store sales growth
2. Brick-and-mortar locations are witnessing elevated demand as their same-store sales growth averaged 8% over the past two years
3. Market share will likely rise over the next 12 months as its expected revenue growth of 10% is robust

Five Below’s stock price of $183.75 implies a valuation ratio of 20.2x forward P/E. Is now a good time to buy? Find out in our full research report, it’s free.

Alignment Healthcare (ALHC)

One-Year Revenue Growth: +41.8%

Founded in 2013 with a mission to transform healthcare for seniors, Alignment Healthcare (NASDAQ: ALHC) provides Medicare Advantage health plans for seniors with features like concierge services, transportation benefits, and technology-driven care coordination.

Why Are We Bullish on ALHC?

1. Market share has increased this cycle as its 45.4% annual revenue growth over the last two years was exceptional
2. Earnings per share have massively outperformed its peers over the last four years, increasing by 28.5% annually
3. Free cash flow margin grew by 11 percentage points over the last five years, giving the company more chips to play with

Alignment Healthcare is trading at $23.89 per share, or 27.3x forward EV-to-EBITDA. Is now the right time to buy? See for yourself in our full research report, it’s free.

CNX Resources (CNX)

One-Year Revenue Growth: +15%

Tracing back to operations that began in 1860, CNX Resources (NYSE: CNX) drills for and produces natural gas from underground shale formations in Pennsylvania, Ohio, and West Virginia.

Why Does CNX Stand Out?

1. Highly-profitable operating model results in strong unit economics and a premier gross margin of 68%
2. EBITDA profits increased over the last five years as the company gained some leverage on its fixed costs and became more efficient
3. Strong free cash flow margin of 23.4% enables it to reinvest or return capital consistently

At $33.33 per share, CNX Resources trades at 12.2x forward P/E. Is now the time to initiate a position? Find out in our full research report, it’s free.

Stocks We Like Even More

ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively.

Find out which 5 stocks it’s flagging this month — FREE. Get Our Top 5 Growth Stocks for Free HERE.

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.