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:

  1. Invest mainly in well-established companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
  3. 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.

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Growth Stocks Library Archives

QUAKER CHEMICAL CORP. $244 is still a buy. The company (New York symbol KWR; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 17.9 million; Market cap: $4.3 billion; Price-to-sales ratio: 2.6; Dividend yield: 0.7%; TSINetwork Rating: Average; www.quakerhoughton.com) completed its acquisition of rival specialty chemicals maker Houghton International in August 2019....
DUN & BRADSTREET HOLDINGS INC. $19 remains a buy for long-term gains. The company (New York symbol DNB; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 431.4 million; Market cap: $8.2 billion; Price-to-sales ratio: 3.8; No dividend paid; TSINetwork Rating: Extra Risk; www.dnb.com) is a global provider of information and data analytics.


In January 2021, it paid $805.8 million in cash and shares for Bisnode Business Information Group AB....
TENNANT CO. $84 is still a hold. The company (New York symbol TNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 18.5 million; Market cap: $1.6 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.2%; TSINetwork Rating: Average; www.tennantco.com) makes industrial floor and street-cleaning equipment, including scrubbers, sweepers and polishers.


With the December 2021 payment, Tennant will increase your quarterly dividend by 8.7%....
On April 1, 2020, the old Arconic Inc. split into two new companies: Howmet and Arconic Corp. As a result, each Arconic Inc. share automatically converted to one share of Howmet; investors also received one share of Arconic Corp. for every four shares of Arconic Inc....
RAYTHEON TECHNOLOGIES CORP. $87 is a buy. The company (New York symbol RTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $130.5 billion; Price-to-sales ratio: 2.1; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger of United Technologies Corp....
KEYSIGHT TECHNOLOGIES INC. $200 is still a buy for aggressive investors. The company (New York symbol KEYS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 186.3 million; Market cap: $37.3 billion; Price-to-sales ratio: 7.5; No dividend paid; TSINetwork Rating: Average; www.keysight.com) makes an array of devices for testing electronic equipment.


Overall revenue for the fiscal 2021 fourth quarter, ended October 31, 2021, rose 6.1%, to $1.29 billion from $1.22 billion a year earlier....
The coronavirus pandemic forced the cancellation of most vacation plans. Now, however, with COVID-19 vaccination numbers rising, the outlook for both these stocks is bright again. We see both as buys.


WYNDHAM HOTELS & RESORTS, $86.30, is suitable for your new buying. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 93.2 million; Market cap: $8.0 billion; Dividend yield: 1.1%) is the world’s largest hotel franchiser, with 802,600 rooms spread across 9,000 hotels in 95 countries....
PagerDuty’s clients are mostly big corporations, while NortonLifeLock targets the consumer market. But both have winning business models that we expect will lead to strong growth in future years. We see PagerDuty as a Power Buy and NortonLifeLock as a buy.


PAGERDUTY INC., $41.16, is a buy. The company (New York symbol PD; TSINetwork Rating: Extra Risk) (www.pagerduty.com; Shares outstanding: 85.0 million; Market cap: $3.6 billion; No dividends paid) operates a platform that collects real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations.


In the quarter ended July 31, 2021, revenue rose 33.2%, to $67.5 million from $50.7 million a year earlier....

ACI WORLDWIDE, $33.86, is a buy. The company (Nasdaq symbol ACIW; TSINetwork Rating: Extra Risk) (Shares o/s: 117.6 million; Market cap: $4.1 billion; No divds.) is the leading software provider for processing transactions by credit cards, debit cards, ATMs, point-of-sale terminals and interbank systems....
Garmin wasted no time in rewarding our subscribers since we first recommended it in late 2020. The stock is up 39.3% since its inaugural appearance in the September issue of Power Growth Investor at $103.99. Meanwhile, the company is at the forefront of its technology markets, and we think it will go even higher....