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
COVID-19 has hurt CGI’s ability to visit clients and secure new computer outsourcing contracts, which is why its shares fell to $67 in March 2020.


Even though the stock has rebounded 48%, we feel it can move even higher as the rollout of new vaccines speeds up the reopening of more businesses....
Adobe and Fair Isaac have soared in the past year. That’s because their products have helped businesses connect their remote workers and guard their confidential data during the COVID-19 pandemic. We see them as buys, but only for highly aggressive investors.


ADOBE INC....
ABB LTD. ADRs $30 is a buy. The company (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.1 billion; Market cap: $63.0 billion; Price-to-sales ratio: 2.3; Dividend yield: 2.8%; TSINetwork Rating: Above Average; www.abb.com) is a leading manufacturer of transformers, transmission systems and circuit breakers for electrical utilities....

These two tech firms are seeing stronger sales and earnings as their clients rebound from COVID-19. Their dominant positions in niche markets also cut your risk.


AGILENT TECHNOLOGIES INC. $125 is a buy. The company (New York symbol A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 305.0 million; Market cap: $38.1 billion; Price-to-sales ratio: 6.9; Dividend yield: 0.6%; TSINetwork Rating: Average; www.agilent.com) makes specialized testing equipment for medical research laboratories and industrial clients....
ARCHER DANIELS MIDLAND CO. $58 is a buy. The company (New York symbol ADM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 555.5 million; Market cap: $32.2 billion; Price-to-sales ratio: 0.5; Dividend yield: 2.6%; TSINetwork Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed, peanuts and other crops into a variety of food ingredients such as flour, oils and sweeteners.


In the quarter ended December 31, 2020, overall revenue rose 14.8%, to $17.98 billion from $16.33 billion a year earlier....

On April 3, 2020, aerospace products-maker Raytheon Technologies Corp. spun off its Otis (elevators) and Carrier (heating and air conditioning) businesses to its shareholder. For each share they held, investors received 0.5 of a share in the new Otis and 1 share in Carrier.


Like many spinoffs, these new firms are off to a strong start—Carrier’s shares are up 212% since the spinoff, while Otis has gained 42%....
United Technologies (now Raytheon Technologies following its merger with Raytheon Co.) was our top Conservative pick for 2020. We liked that the merger, along with the spinoffs of Otis and Carrier, created a pure-play aerospace leader. Those moves also cut the old company’s exposure to commercial airline customers, many of which have reduced their spending on new equipment due to COVID-19’s spread.


Uncertainty over the pandemic has delayed some of the benefits of the transformation....
Both Veoneer and Garmin have quickly rewarded our subscribers since we first recommended them in late 2020. Garmin is up 24.5% since we first looked at it in the September issue of Power Growth Investor at $103.99. Veoneer is up a whopping 66.0% since we picked it in our November issue at $17.51....
Loyalty programs help fast-food operators grow and protect their customer base by encouraging more frequent visits. Customer data from those programs can also help personalize promotions for members and push them to visit restaurants during less-busy hours.


RESTAURANT BRANDS INTERNATIONAL $59.45 is a buy. The company (New York symbol QSR; TSINetwork Rating: Average) (www.rbi.com; Shares outstanding: 478.0 million; Market cap: $28.1 billion; Dividend yield: 3.6%) is now testing a loyalty program in five U.S....
CALIAN GROUP, $58.00, is a buy. The Ottawa-based company (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (www.calian.com; Shares o/s: 9.8 million; Market cap: $588.8 million; Dividend yield: 1.9%) is now buying InterTronic Solutions Inc....