Growth Stocks
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:
- Invest mainly in well-established companies;
- Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
- Downplay or avoid stocks in the broker/media limelight.
Make better stock picks when you read this FREE Special Report, Canadian Growth Stocks: WestJet Stock, RioCan Stock and More.
Read More
Close
Growth Stocks Library Archives
With the start of a new year, we have singled out three growth stocks with exceptionally strong prospects for 2022.
Each of the three has successfully weathered the pandemic so far and is poised for further gains as the global economy continues its recovery.
ALTAGAS LTD., $26.88, is a #1 Power Buy for 2022. The utility (Toronto symbol ALA; TSINetwork Rating: Extra Risk)(www.altagas.ca; Shares o/s: 280.2 million; Market cap: $7.5 billion; Dividend yield: 3.9%) processes, transports, stores and markets natural gas for producers....
Each of the three has successfully weathered the pandemic so far and is poised for further gains as the global economy continues its recovery.
ALTAGAS LTD., $26.88, is a #1 Power Buy for 2022. The utility (Toronto symbol ALA; TSINetwork Rating: Extra Risk)(www.altagas.ca; Shares o/s: 280.2 million; Market cap: $7.5 billion; Dividend yield: 3.9%) processes, transports, stores and markets natural gas for producers....
LEON’S FURNITURE LTD. $25 (www.leons.ca) is a buy. The retailer has 304 stores that sell furniture and home appliances. Leon’s has now completed its plan to buy back $200 million of its common shares (10.4% of the total outstanding) through a Dutch auction process....
THOMSON REUTERS CORP. $141 remains a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 497.1 million; Market cap: $70.1 billion; Price-to-sales ratio: 9.7; Dividend yield: 1.4%; TSINetwork Rating: Above Average; www.thomsonreuters.com) sells specialized information and software to the legal, tax and accounting fields.
In January 2021, Thomson and Blackstone Group merged their Refinitiv financial information business with LSE—the London Stock Exchange Group plc (Over-the-counter Pink Sheets symbol LDNXF).
As of October 31, 2021, Thomson’s stake in LSE was worth $7.1 billion U.S....
Restaurant Brands has recovered strongly from its March 2020 low, largely because its focus on drive-thru lanes and home delivery service helped offset lost sales from COVID-19 store closures. It now aims to spur its long-term growth, and your returns, with a new acquisition and by expanding its popular Popeyes brand in overseas markets.
RESTAURANT BRANDS INTERNATIONAL INC....
RESTAURANT BRANDS INTERNATIONAL INC....
NUTRIEN LTD. $90 remains a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 570.7 million; Market cap: $51.4 billion; Price-to-sales ratio: 1.7; Dividend yield: 2.6%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers: it ships about 27 million tonnes annually.
The stock fell in early January 2022 after Mayo Schmidt abruptly resigned as the company’s chairman and chief executive officer....
The stock fell in early January 2022 after Mayo Schmidt abruptly resigned as the company’s chairman and chief executive officer....
The Successful Investor is highlighting three stocks as your top picks for new buying in 2022. One is from the newsletter’s Conservative portfolio, the second from its Aggressive portfolio and the third from its Income portfolio.
All three stocks performed well in 2020 and 2021 despite COVID-19 disruptions....
All three stocks performed well in 2020 and 2021 despite COVID-19 disruptions....
SHERWIN-WILLIAMS CO. $334 (www.sherwin-williams.com) is a hold. The paint maker is up 38% in the past year as COVID-19 lockdowns have prompted consumers to update their home decor. However, shortages of raw materials are driving up Sherwin’s costs....
Rising fuel costs and labour shortages, particularly driver salaries, have weighed on FedEx’s shares in the past few months. However, the company’s outlook remains strong, particularly as the COVID-19 pandemic continues to prompt consumers to buy more goods online.
FEDEX CORP....
FEDEX CORP....
APPLE INC. $173 is still a hold. The company (Nasdaq symbol AAPL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 16.4 billion; Market cap: $2.8 trillion; Price-to-sales ratio: 8.3; Dividend yield: 0.5%; TSINetwork Rating: Average; www.apple.com) gets about half of its revenue from iPhone sales....
MONDELEZ INTERNATIONAL INC. $64 is a buy. The company (Nasdaq symbol MDLZ; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $89.6 billion; Price-to-sales ratio: 3.1; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.mondelezinternational.com) makes cookies and crackers (Oreo, Ritz), chocolate bars (Cadbury, Toblerone), gum and candy (Trident, Dentyne) and Halls cough drops.
Like other foodmakers, Mondelez is seeing higher costs for ingredients and transportation....
Like other foodmakers, Mondelez is seeing higher costs for ingredients and transportation....