Want higher returns in 2015? Try these 3 rising growth stocks

Domino's Pizza Enterprises Ltd (ASX:DMP), CarSales.com Ltd (ASX:CRZ) and Premier Investments Limited (ASX:PMV) are powering into 2015 with expansion plans that you'll want to be part of.

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How has your portfolio performed over the past 12 months? It hopefully did a lot better than the S&P/ASX 200 Index (ASX: XJO) (Index: ^AXJO). Since 25 November 2013 it is basically dead flat in net gains, starting at 5352 and ending yesterday at 5361- a whole nine points up.

In 2015, we want to not only beat the market but trounce it thoroughly. There are amazing growth stocks still out there that you can start building a better return on.

For example, these three stocks still have a lot of fuel in the tank to go strong in 2015…

—  CarSales.com Ltd (ASX: CRZ)

It is still the number one car sales search website in Australia, yet on top of that it is buying into similar top car websites in countries like South Korea and Brazil. The key to faster growth is to expand into South East Asia and other highly populated regions with growing car markets. The stock pays a 3.3% fully franked yield and is forecast for solid earnings and dividend growth over the next two years.

—  Domino's Pizza Enterprises Ltd (ASX: DMP)

The pizza powerhouse had same store sales growth in Australia and New Zealand around 10%. Investors may not know it, but this company is now the world's largest Domino's Pizza franchisee business and gets about half of its revenue from overseas in Japan and Europe. Already the number two takeaway pizza chain in Japan, it plans to become number one before too long as it moves to double the number of stores it has there. The stock yields 1.6% fully franked, but earnings are forecast to rise an average 24% over the next two years. That's strong growth.

—  Premier Investments Limited (ASX: PMV)

Known for its fashion apparel brands such as Just Jeans, JayJays, Dotti, Portmans and Jacqui E, it is seeing some amazing growth in its Smiggle stationery stores. The brand has been a great success with children and young people and now the company is expanding it into the UK.  It has eight stores there with another ten planned by the end of 2014. The company projects it could potentially have about 200 stores within the next five years. The business is also expanding in Singapore and could go into other Asian countries based on the success it sees there. Chain stores in expansion phase can be very good performers.

Motley Fool contributor Darryl Daté-Shappard does not own shares in any company mentioned.   

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