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.
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Growth Stocks Library Archives
RESTAURANT BRANDS INTERNATIONAL INC. $67 (www.rbi.com) is a buy. The company operates 18,625 Burger King, 4,949 Tim Hortons (coffee and donuts), and 3,451 Popeyes Louisiana Kitchen (fried chicken). Tim Hortons recently announced a “Back to Basics Plan,” which involves new menu items, expanded use of its digital ordering app and better advertising....
TERADATA CORP. $51 is still a hold. The company (New York symbol TDC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 109.5 million; Market cap: $5.6 billion; Price-to-sales ratio: 3.0; No dividends paid; TSINetwork Rating: Average; www.teradata.com) makes computers and software to capture and store large amounts of data for individual businesses—its clients....
VISA INC. $233 is a buy. The stock (New York symbol V; Finance sector; Shares outstanding: 2.2 billion; Market cap: $512.6 billion; Price-to-sales ratio: 24.1; Dividend yield: 0.6%; TSINetwork Rating: Above Average; www.visa.com) gives you exposure to the world’s largest electronic-payments network....
Demand for new ATMs has suffered in the past few years, particularly as COVID-19 accelerated the shift to online shopping. In response, these two ATM makers are expanding into maintenance and other services as well as self-serve checkout terminals. Their cost-cutting plans should also help improve their profitability....
NORDSTROM INC. $38 remains a hold. The company (New York symbol JWN; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 157.8 million; Market cap: $6.0 billion; Price-to-sales ratio: 0.6; Dividend suspended in March 2020; TSINetwork Rating: Extra Risk; www.nordstrom.com) owns and operates 358 stores in the U.S....
MOTOROLA SOLUTIONS INC. $189 is a buy. The stock (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 169.5 million; Market cap: $32.0 billion; Price-to-sales ratio: 4.3; Dividend yield: 1.5%; TSINetwork Rating: Average; www.motorolasolutions.com) has jumped 30% in the past year....
BECTON DICKINSON & CO. $258 is a buy. The company (New York symbol BDX; Conservative Growth Portfolio; Manufacturing sector; Shares outstanding: 290.0 million; Market cap: $74.8 billion; Price-to-sales ratio: 4.1; Dividend yield: 1.3%; TSINetwork Rating: Above Average; www.bd.com) operates through three segments: Medical makes an array of devices for hospitals, doctors’ offices and other clients in health care; Life Sciences sells products for collecting and shipping specimens as well as equipment for detecting diseases; and Interventional makes stents, catheters, needles, incontinence devices, and surgical tools.
The company has received Emergency Use Authorization from the U.S....
Manufacturing activity continues to rebound from last year’s coronavirus downturn. The pandemic also disrupted the ability of chipmakers to keep up with the increased demand. That has led to chip shortages and higher prices.
We feel Intel remains a strong choice for conservative investors to gain exposure to this increasingly vital industry....
Both of these firms rewarded our subscribers with spectacular gains as demand for their services during the pandemic accelerated. 1Life (One Medical) has jumped 65.5% since we first recommended the shares at $25 in the March 2020 issue of Power Growth Investor....
This leading software firm benefits from the significant number of people working from home during the pandemic. We expect the remote-work trend to continue past the COVID-19 crisis and to spur rising demand for Adobe’s digital conferencing software and other applications.
Meanwhile, there are other drivers pushing Adobe upward, including the company’s strong position in key markets and its high R&D spending....