3 Growth Stocks Peter Lynch Would Buy

3 Top Growth StocksIf you are looking for top growth stocks, you might want to consider copying some of Peter Lynch’s top stock picks.

Peter Lynch, a legendary fund manager, would advise accumulating massive amounts of money using a strategy. The key to success in stocks is buying growth stocks at a reasonable price. Based on his strategy for investors, here are some of the three best growth stocks to investigate further.

Amazon.com Inc. (NYSE/AMZN)

Over the past few years, Amazon grew significantly. From an online book store to a giant e-commerce company, Amazon proved to be a remarkable company for investors.

The company is preparing to broadly expand its new lineup of private-label brands to include an array of grocery items such as milk, cereal, and baby food, as well as household cleaners.

As part of their expansion strategy, The Wall Street Journal reports Amazon is in talks with private-label companies. Those discussions include TreeHouse Foods, Inc. (NYSE/THS) of Oak Brook, Illinois—one of the larger private-label producers with $3.0 billion in sales last year.

Chipotle Mexican Grill, Inc. (NYSE/CMG)

Without a doubt, everyone has seen the popular burrito restaurant popping up all over the place. With only 489 locations ten years ago, the company now has over 1,800 restaurants in operation across the continent.

The company has revolutionized the fast food chain industry by using natural ingredients in its items. Yet, the company has the capability to expand its operations internationally, which would generate enormous amounts of revenue over the next few years.

The company has begun to expand its operations to Asia, with its new ShopHouse concept, and is venturing into pizza with Pizzeria Locale. Profits are expected to grow significantly over the next few years.

Aetna Inc. (NYSE/AET)

Aetna Inc. (NYSE/AET)looks like another solid company in the health insurer industry. The company has grown significantly and captured a massive portion of market share. Just recently, the second-largest U.S. health insurer by market value announced that it is closing in on an acquisition of Humana Inc. (NYSE/HUM). The consolidation in the industry leaves only a few players with a significant number of uninsured applicants.

Amazon, Chipotle, and Aetna all match Peter Lynch’s criteria for spectacular growth stocks. They are certainly companies to investigate further.