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
We think the drug industry will enjoy great success over the next decade. But due to the nature of the business, results will vary widely and unpredictably from one drug company to another. A volatile market like the one we expect for drug stocks will include winners and losers....
WELL HEALTH TECHNOLOGIES $8.47 is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares outstanding: 163.0 million; Market cap: $1.4 billion; No dividends paid) is now acquiring CRH Medical Corporation (symbol CRH on Toronto) for $369.2 million U.S.
That Canada-based company is focused on providing gastroenterologists throughout the U.S....
That Canada-based company is focused on providing gastroenterologists throughout the U.S....
There’s little doubt that the developing world’s aging population will help drive up global spending on medical services in the years to come. Medical device makers, however, are also well positioned to capture a share of that increased spending.
We continue to see attractive investment opportunities for our subscribers among the top device manufacturers—and that includes Boston Scientific. We recommend this stock as a Power Buy.
BOSTON SCIENTIFIC CORP., $37.50, is a buy. The company (New York symbol BSX; TSINetwork Rating: Average) (www.bostonscientific.com; Shares outstanding: 1.4 billion; Market cap: $54.3 billion; No dividends paid) develops and markets medical devices used in minimally invasive procedures....
We continue to see attractive investment opportunities for our subscribers among the top device manufacturers—and that includes Boston Scientific. We recommend this stock as a Power Buy.
BOSTON SCIENTIFIC CORP., $37.50, is a buy. The company (New York symbol BSX; TSINetwork Rating: Average) (www.bostonscientific.com; Shares outstanding: 1.4 billion; Market cap: $54.3 billion; No dividends paid) develops and markets medical devices used in minimally invasive procedures....
THOMSON REUTERS CORP. $105 remains a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares o/s: 497.1 million; Market cap: $52.2 billion; Price-to-sales ratio: 8.7; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.thomsonreuters.com) sold 55% of its Financial & Risk business (now called Refinitiv) to a consortium led by Blackstone Group LP (New York symbol BX) in October 2018....
Engineering firms offer investors a tempting way to profit as governments around the world plan to spur their post-pandemic growth with new spending on public infrastructure such as roads, bridges and power grids. That will spur new orders at both Stantec and SNC-Lavalin....
Bombardier has now completed the sale of its passenger railcar business. This was the last transaction in a series of deals to let it focus exclusively on making business jets under the Challenger, Global and Learjet brands. However, its high debt burden remains a major risk factor.
BOMBARDIER INC....
BOMBARDIER INC....
HOME CAPITAL GROUP INC. $31 remains a hold for aggressive investors. The stock (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 53.0 million; Market cap: $1.6 billion; Price-to-sales ratio: 3.4; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) lets you tap a mortgage lender serving borrowers who fail to meet the stricter standards of big banks and traditional lenders.
The stock has rebounded strongly from its March 2020 low of $13.67 a share as record-low interest rates continue to spur strong demand for new mortgages.
However, low interest rates are also making it harder for smaller lenders like Home Capital to attract depositors away from the big banks, which they see as safer during the pandemic....
The stock has rebounded strongly from its March 2020 low of $13.67 a share as record-low interest rates continue to spur strong demand for new mortgages.
However, low interest rates are also making it harder for smaller lenders like Home Capital to attract depositors away from the big banks, which they see as safer during the pandemic....
BROOKFIELD RENEWABLE PARTNERS L.P. $57.90, is a buy. The partnership (Toronto symbol BEP.UN; Units outstanding: 309.1 million; Market cap: $26.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 2.6%; www.brookfieldrenewable.com) has agreed to buy a portfolio of solar assets from U.S....
TENNANT CO. $69 (www.tennantco.com) is a hold. The company makes industrial floor and street-cleaning equipment. COVID-19 continues to slow demand for that equipment from malls, office buildings and sports arenas. In response, Tennant is laying off workers and cutting executive pay....
FORD MOTOR CO. $11 is still a hold. The stock (New York symbol F; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 3.9 billion; Market cap: $42.9 billion; Price-to-sales ratio: 0.3; Dividend suspended in March 2020; TSINetwork Rating: Extra Risk; www.ford.com) has jumped 30% since the start of 2021 on positive reviews for its new electric-powered vehicles, including its Mustang sports car and F-150 pickup truck.
However, the company will book over $2.1 billion in charges against its 2020 earnings....