If selecting a stock based on the growth strategy, remember that growth companies will typically be newer companies. They may be large-cap investments but the tendency is for them to be small (less than $1 billion in sales) or mid-cap (company sales between $1 and $10 billion) investments. However, the common variable is that the companies have a higher-than average expectation of outperforming the rest of the market and tend to command a higher per share price for stock than older, more established companies.
Source: http://www.investorguide.com/igu-article-977-stock-strategies-buying-stocks-using-growth-strategy.html
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