Stocks: Seven Scorching Growth Plays

S&P's latest screen finds names with projected earnings growth rates four times the average for the S&P 1500

Growth investors—those folks who look for companies with above average current and projected earnings growth—may find some ripe conditions for their favored investing style. Equity valuations remain attractive—the p-e ratio on the S&P 1500 (the combined S&P 500, S&P MidCap 400, and S&P SmallCap 600 indexes) is 18.2, below its 52-week high of 19.9, implying there might be further upside.

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