Like every other investor, when I buy a stock I'm looking for it to move higher. I can't know with absolute certainty that will happen, though. And just how much or how quickly the stock will increase is always a guess.

However, it's easier to make predictions for some stocks than it is for others. When a given stock has tremendous growth prospects and an attractive market cap, I have more confidence that it can deliver great returns over a relatively short period. Here are three stocks meeting those two criteria that I fully expect to double or more within the next five years.

DermTech(NASDAQ:DMTK) might scare off some investors because of its volatility. The healthcare stock soared 145% year to date by late February only to give up much of those gains. In my view, it's best to ignore the short-term volatility and focus on DermTech's long-term prospects.

More in category

This High-Growth Cathie Wood Stock Is a Terrific Bargain Right Now
May 15, 2021The Motley Fool
This High-Growth Cathie Wood Stock Is a Terrific Bargain Right Now
Stock-market investors are jumpy because it’s hard to tell ‘good’ inflation from ‘bad’
May 14, 2021MarketWatch
Stock-market investors are jumpy because it’s hard to tell ‘good’ inflation from ‘bad’
Israel strike in Gaza destroys building with AP, other media
May 15, 2021MarketWatch
Israel strike in Gaza destroys building with AP, other media
‘Jammed and distorted’: investors are wrestling with inflation that may test the Fed’s framework
May 15, 2021MarketWatch
‘Jammed and distorted’: investors are wrestling with inflation that may test the Fed’s framework
Meme stocks take eerily similar journeys leaving retail traders to wonder why and who
May 14, 2021MarketWatch
Meme stocks take eerily similar journeys leaving retail traders to wonder why and who
Bitcoin extortion: How cryptocurrency has enabled a massive surge in ransomware attacks
May 14, 2021MarketWatch
Bitcoin extortion: How cryptocurrency has enabled a massive surge in ransomware attacks
AMC stock is up because there is pent-up demand for movie-going
May 14, 2021MarketWatch
AMC stock is up because there is pent-up demand for movie-going
AMC Entertainment stock surges toward longest win streak in nearly 2 years
May 14, 2021MarketWatch
AMC Entertainment stock surges toward longest win streak in nearly 2 years
Dogecoin prices surge 40% higher but here’s one sign the crypto is headed for a lasting breakout, analysts say
May 14, 2021MarketWatch
Dogecoin prices surge 40% higher but here’s one sign the crypto is headed for a lasting breakout, analysts say
Dogecoin will migrate from proof-of-work to proof-of-stake to make it viable, predicts head of crypto lending platform
May 14, 2021MarketWatch
Dogecoin will migrate from proof-of-work to proof-of-stake to make it viable, predicts head of crypto lending platform
Weekend reads: Is bitcoin the new gold?
May 14, 2021MarketWatch
Weekend reads: Is bitcoin the new gold?
The stock market can ‘more than compensate’ even if inflation hits 20%, says Jeremy Siegel
May 14, 2021MarketWatch
The stock market can ‘more than compensate’ even if inflation hits 20%, says Jeremy Siegel
Opinion: These are the 30 value stocks that top investment newsletters like best right now
May 14, 2021MarketWatch
Opinion: These are the 30 value stocks that top investment newsletters like best right now
Opinion: These big bank stocks may be a great three-year play on the economy and inflation
May 14, 2021MarketWatch
Opinion: These big bank stocks may be a great three-year play on the economy and inflation
My friend of 30 years owes me $20,000 after living in my apartment rent-free. She texted on my birthday to say she misses our friendship
May 13, 2021MarketWatch
My friend of 30 years owes me $20,000 after living in my apartment rent-free. She texted on my birthday to say she misses our friendship
My friends raised $15K on GoFundMe while I was comatose after an accident. But I inherited $1 million, and my insurance covered the cost
May 13, 2021MarketWatch
My friends raised $15K on GoFundMe while I was comatose after an accident. But I inherited $1 million, and my insurance covered the cost
Early Tesla backer and top fund manager attacks Warren Buffett’s strategy. Here’s his investing advice.
May 13, 2021MarketWatch
Early Tesla backer and top fund manager attacks Warren Buffett’s strategy. Here’s his investing advice.
Opinion: How to fix the unemployment system to time extra benefits so they are just the right size to help workers and the economy
May 13, 2021MarketWatch
Opinion: How to fix the unemployment system to time extra benefits so they are just the right size to help workers and the economy
There is a ‘super sale’ in Big Tech and other ‘high-quality’ stocks, says this fund manager
May 12, 2021MarketWatch
There is a ‘super sale’ in Big Tech and other ‘high-quality’ stocks, says this fund manager
Will Covaxin's Success Against COVID Variants Make Ocugen a Big Winner?
May 15, 2021The Motley Fool
Will Covaxin's Success Against COVID Variants Make Ocugen a Big Winner?
3 Cathie Wood Stocks That Could Run Circles Around Dogecoin
May 15, 2021The Motley Fool
3 Cathie Wood Stocks That Could Run Circles Around Dogecoin