Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.
Although growth stock picks can be highly volatile, they can make good long-term investments. They may be well-known stars or quiet gems, but they do share one common attribute—they are growing at a higher-than-average rate within their industry, or within the market as a whole, and could keep growing for years or decades.
And keep in mind that we focus on growth stocks, which have a good long-term history and favourable prospects. We downplay momentum stocks that tend to attract many investors simply because they are moving faster than the market averages, but are liable to fall sharply when their momentum fades.
There’s room for growth stock investing in your portfolio, but make sure you follow our TSI Network three-part Successful Investor strategy for your overall portfolio:
Make better stock picks when you read this FREE Special Report, Canadian Growth Stocks: WestJet Stock, RioCan Stock and More.
Becton Dickinson’s shares are up 9.4% in the past year, despite falling demand for its COVID-19 testing kits as the pandemic eases. At the same time, the company continues to launch new products and this should fuel its growth for many years to come.
The firm… Read More
Weaker Chinese demand contributed to a 2.3% revenue decline and a lower revenue forecast for Agilent Technologies.
However, the firm remains a leader in its niche and spends 7% of its revenue on R&D to remain so. Its revenue and earnings growth should outperform its competitors,… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on MasTec, an engineering, installation, maintenance and upgrades company that focuses on communications, energy, utility and other infrastructure.
Pat likes the company’s growth plan and rising revenues. While growth by acquisition adds risk, the… Read More
Baxter International aims to improve shareholder value with new plan to simplify its operations.
It’s selling its BioPharma Solutions business, whose products and services help drugmakers manufacture their products. The company also plans to spin off its Renal Care and Acute Therapies unit as a separate… Read More
Fair Isaac is a stock that’s rocketed 98.1% for our subscribers over the last year.
Even better, it’s up a whopping 6,454.4% since we first recommended it in February 1999!
We think the shares still have room to move much higher as the firm continues to… Read More
Improved food and drug sales led to a 9.6% revenue jump for Metro during the most-recent quarter.
While labour issues may affect costs in parts of the company’s operation, it’s dominant market share should allow it to cope with any complications.
The stock trades at 15.0 times… Read More
Alimentation Couche-Tard’s 25% dividend hike came before its sales slip in the quarter, although an earnings jump and a stock split increase its appeal for investors.
A history of successful acquisitions continues to diversify the firm’s revenue stream, while last year’s end of its dual-class -share… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that connects consumers with travel services in over 230 countries through six distinct brands.
Pat likes the company’s steadily recovering revenue and profit. However, investors should be cautious given its rapid… Read More
Additional contract wins generated a 17.0% revenue boost for Stantec during the most-recent quarter.
As governments upgrade their aging infrastructure, business growth looks set to continue with a rising contract backlog. The stock trades at 22.3 times the company’s 2023 earnings forecast.
 For a rising portfolioLearn everything you need to know in 'How to Find the Best Growth Stocks' for FREE from The Successful Investor. Canadian Growth Stocks: CGI Group, CAE Inc., Fortis Inc. Stock and more. |
STANTEC INC. (Toronto symbol STN;… Read More
Fedex shares shot up to $320 in 2021 as the COVID-19 lockdowns prompted consumers to buy more goods online. That spurred strong demand for its delivery services. The stock then fell to $142 in September 2022 as stores re-opened and online shopping volumes leveled off… Read More
Here are two rules for successfully investing in speculative stocks
The odds are against you when you invest in speculative stocks and companies that are not yet making money. Some, if not many, of these companies will never make any money.
A speculative stock is a higher-risk,… Read More
Yum rebounded strongly as COVID-19 lockdowns ended and restaurants fully reopened. In fact, the stock is now trading close to their all-time highs.
Part of that gain is due to its shift to an “asset-light” business model. That means franchisees are responsible for operating and maintaining… Read More
The Potential and Pitfalls of Investing in AI Technology
The basic principles of investing apply equally to both beginners and seasoned experts. But the challenge is to remain true to tried and tested strategies, resisting the allure of investment trends, media hype, or misleading counsel from… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on Valmont, an infrastructure and agriculture company that manufactures and distributes utility, energy, lighting, transportation, telecommunications and coatings industry products.
Pat likes the company’s rising revenues and earnings as well as its rising order… Read More
Increased contract wins led to a 14.5% jump in revenue for Stantec during the most-recent quarter.
A recent power generation contract has only increased the company’s substantial backlog, meaning there is plenty more growth to come.
Meanwhile the stock trades at 25.4 times the company’s 2023 earnings… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on Freshpet, a pet food company that makes fresh, natural food for dogs and cats.
Pat likes the involvement of an activist investor trying to generate better value for shareholders (including a possible company… Read More
A rebound in construction activity in the wake of the COVID-19 pandemic continues to push up earnings at Toromont, a dealer of bulldozers, backhoes and other heavy equipment. Higher sales are also increasing long-term demand for maintenance and repair services.
That’s why this firm’s a top… Read More
Our POWER BUY is Fair Isaac, a stock that’s rocketed 100.8% for our subscribers over the last year.
Even better, it’s up a whopping 6,573.9% since we first recommended it in February 1999!
We think the shares still have room to move much higher as the… Read More
Investing in medical simulators presents a promising opportunity due to the growing demand for simulation-based training in healthcare–and here’s a way to profit
Medical simulators offer a safe and effective way to train healthcare practitioners, letting them enhance their skills, learn to respond to critical situations,… Read More
Fair Isaac is a stock that’s rocketed 77.4% for our subscribers over the last year.
Even better, it’s up a whopping 6,161.0% since we first recommended it in February 1999!
We think the shares still have room to move much higher as the firm continues to… Read More
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Learn everything you need to know in 'How to Find the Best Growth Stocks' FREE Special Report from The Successful Investor.
Canadian Growth Stocks:
CGI Group, CAE Inc., Fortis Inc. Stock and more.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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We do reserve the right, however, to collect and perform statistical analyses of the internet traffic to our website for our internal use. However, information collected does not allow us to identify any individual, and will not collect any personal information of the visitor. Furthermore, we do not sell, rent or loan to any outside parties the information collected and analyzed.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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If you wish to request access to, or correction of, your personal information in our custody or control, or find out how we've used or disclosed that information, please make your request in writing to us. We may need to verify your identity before searching for or providing you with personal information. In some circumstances, we may not be able to provide access to your personal information, for example if it contains the personal information of other persons, if it constitutes confidential commercial information, or if it is protected by solicitor-client privilege. If we deny your request for access to, or refuse a request to correct, your personal information, we will advise you of the reasons for this refusal.
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What Choices Do I Have?
Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
The contents of this web site and our publications are based upon sources of information believed to be reliable, but no warranty or representation, expressed or implied, is given as to their accuracy or completeness. Any opinion reflects the Successful Investor’s judgment at the date of publication and neither the Successful Investor, nor any of its affiliated companies, nor any of their officers, directors or employees, accepts any responsibility in respect of the information or recommendations contained in the publications or on this web site. Moreover, the information or recommendations are subject to change without notice.
Information presented on this web site or contained in our publications is not an offer, nor a solicitation, to buy or sell any securities referred to on the web site or in the publications. The material is general information intended for recipients who understand the risks associated with an investment in any securities referred to in the publications or on this web site. The Successful Investor has made no determination regarding whether an investment, course of action, or associated risks are suitable for the recipient.
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