INTRODUCTION
The War in Iran. The volatility of Artificial Intelligence stocks. The lingering tariff uncertainty. Over the last several months, all three have seized business headlines and stock markets, alike. For many investors, the torrent of breaking news has fuelled worries about the health of their portfolios, their income and their retirement plans.
The challenge for successful investors is to stick to what works and not let investment fads—or worries—steer them off course.
The five picks for May outlined in this report reflect Pat McKeough’s four decades of investment experience in all kinds of markets. All five stocks are favourite recommendations from our premium newsletters, including The Successful Investor, Wall Street Stock Forecaster and Power Growth Investor. All five have the fundamental strength to continue their long-term rise even after a broad market setback.
This monthly report has profited investors in the past: Notably, just in September 2025, we featured Electronic Arts (New York symbol EA) as part of our 5 Long-term Stock Picks to Buy report. That company makes videogames for a variety of devices, including computers, consoles (such as the Sony PlayStation, Microsoft Xbox and Nintendo Switch) and mobile devices..
In first recommending the stock as a buy, we predicted it would attract a lucrative takeover bid. That advice has proved to be very profitable for our investors. Under the terms of the takeover deal, the private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF and Affinity Partners agreed to pay the company’s stockholders $210 a share. That represented a 40.9% gain for the prior 52-week period, alone!
Now, here are 5 Long-term Stocks Picks to Buy in May 2026:
GARMIN LTD.
GARMIN LTD. (Nasdaq symbol GRMN; TSINetwork Rating: Average Risk) makes GPS (Global Positioning System) devices and software for five different markets: fitness, outdoors, auto, aviation, and marine.
Most of the company’s products feature high-resolution touchscreen displays. Most of them include added features like solar charging and voice assistants. With an active satellite subscription, users can access Garmin’s inReach satellite technology to send and receive messages, weather updates and navigation routes, plus they can track and share journeys online. As well, if necessary, users can trigger an SOS to get help from a 24/7 global emergency response centre.
Garmin’s balance sheet is very strong: it holds cash of $2.7 billion and has no debt. Meanwhile, the company’s high research spending promises a bright future. It spends 16% of its overall sales on research to stay ahead of industry competitors.
The company continues to successfully reconfigure its product line to meet constantly evolving consumer demand. This includes developing new devices in recent years as sales for automotive GPS products declined. Now, the company is well-positioned to prosper in high growth and emerging markets such as aviation, marine and outdoor.
Garmin will raise its dividend by 16.7% with the June 2026 payment. The shares now yield 1.7%.
This all bodes well for its investors and the company’s stock price.
Garmin is a buy for aggressive investors.
IBM CORP.
IBM Corp. (New York symbol IBM; TSINetwork Rating: Above Average) is one of the world’s largest computer companies with operations in over 175 countries.
IBM is now well into a multi-year transformation. This includes scaling up its cloud operations, which let users go online to access data files and computer applications stored on remote servers. The company is also expanding its artificial intelligence (AI) offerings and cybersecurity capabilities—as well as accelerating its development of quantum computing.
In fact, IBM is a leader in quantum computing—it anticipates its chips will, in the next five years, enable large-scale quantum computing. As part of that effort, it has formed a partnership with chipmaker AMD to “develop next-generation computing architectures.” They will rely on a combination of quantum computers and high-performance conventional computing.
We think the stock still has gains ahead--and the company will maintain or further raise its current dividend, which already offers you a solid 2.9% yield.
IBM Corp. is a buy.
PEMBINA PIPELINE CORP.
Pembina Pipeline Corp. (Toronto symbol PPL; TSINetwork Rating: Average) is an energy transportation and midstream service provider that has served North America’s energy industry for 70 years. Pembina owns an integrated network of oil and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business.
Pembina also owns 49.9% of Cedar LNG, which is developing a floating liquefied natural gas (LNG) export facility in Kitimat, B.C. The $4.5 billion project should come into service late 2028. Petronas, Malaysia’s national oil company, will buy 1.0 million tonnes per year from the facility under a new 20-year deal. That cuts the risk of this project.
The company continues to invest in new projects. Those include expanding its pipelines, which will help it take advantage of increasing oil and gas production in Western Canada.
In 2026, Pembina expects to spend $940 million on new projects and upgrades. That’s 19.9% more than the $784 million it spent in 2025.
Pembina raised its dividend by 2.9% with the June 2025 payment. The current quarterly rate of $0.71 yields a high 4.7%.
Most of Pembina’s pipelines operate under long-term contracts. That helps lower the company’s risk in today’s uncertain economy. Meanwhile, Pembina’s investors tap a high, sustainable yield. That adds to the stock’s appeal and also supports its share price.
Pembina Pipeline is a buy.
EXPEDIA GROUP INC.
Expedia Group Inc. (Nasdaq symbol EXPE; TSINetwork Rating: Extra Risk) operates the world’s largest travel booking platform. Its brands include Expedia, Orbitz, Travelocity, Vrbo and Hotels.com.
The company currently has over 3.5 million lodging properties available through its websites. They include more than 1 million hotels and over 2.5 million alternative accommodations like homes for let through Vrbo.
Expedia’s sites also link with over 500 airlines, rental car companies, cruise lines, insurance providers, and excursion companies, which provide activities and experiences for vacationers.
Expedia has announced a new partnership with PredictHQ to provide its lodging/hotel partners with demand intelligence and international travel insights.
PredictHQ provides real-world context, integrating its verified event signals and predictive demand intelligence directly into Partner Central—that’s the platform lodging partners use to manage their business.
The integration gives lodging partners a clearer view of rising travel demand by combining PredictHQ’s forward-looking demand forecasts with Expedia’s extensive traveller insights. That lets them identify, anticipate, and act on demand shifts with greater confidence.
Meanwhile, the outlook for travel seems bright over the next few years, despite the current spike in fuel prices, and Expedia is in a great position to profit.
Expedia is a buy.
LEON’S FURNITURE LTD.
LEON’S FURNITURE LTD. (Toronto symbol LNF; TSINetwork Rating: Average) sells furniture and appliances through 300 stores, mainly under the Leon’s and The Brick banners.
Leon’s still plans to spin off its real estate holdings as a publicly traded real estate investment trust. However, it will wait until interest rates decline further before proceeding with the spinoff, as high rates tend to hurt investor demand for REITs. Regardless, Leon’s will retain majority interest in the REIT.
Meantime, as part of that plan to unlock the value of its real estate, Leon’s has also announced that it will re-develop 40 acres of its land in central Toronto. Under the proposal, the property will house its new corporate headquarters and a flagship retail store. Leon’s aims to build 4,000 residential housing units, including townhouses and apartment buildings.
With the October 2025 payment, the company raised your quarterly dividend by 20.0% to $0.24 a share from $0.20. The new annual rate of $0.96 yields a solid 3.7%. Moreover, the stock trades at just 10.9 times the $2.40 a share that the company should earn in 2026.
Leon’s is a buy for aggressive investors.