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.
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Growth Stocks Library Archives
EMERA INC. $54 is a buy. The company (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 236.2 million; Market cap: $12.8 billion; Price-to-sales ratio: 2.2; Dividend yield: 4.5%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
LOBLAW COMPANIES, $67.96, is a buy. Through their shares in the retailer (Toronto symbol L; Shares outstanding: 362.3 million; Market cap: $24.6 billion; TSINetwork Rating: Above Average; Dividend yield: 1.9%; www.loblaw.ca) investors tap 1,088 food stores and 1,343 Shoppers Drug Mart outlets in Canada.
The COVID-19-related lockdowns have prompted consumers to stock up on food and other essential items. This includes using the company’s expanding e-commerce services such as home ordering and in-store pickup or delivery. As a result, Loblaw’s total revenue in the quarter ended March 21, 2020, jumped 10.7%, to $11.80 billion from $10.66 billion a year earlier.
Overall earnings jumped 21.4% to $352 million from $290 million a year earlier....
The COVID-19-related lockdowns have prompted consumers to stock up on food and other essential items. This includes using the company’s expanding e-commerce services such as home ordering and in-store pickup or delivery. As a result, Loblaw’s total revenue in the quarter ended March 21, 2020, jumped 10.7%, to $11.80 billion from $10.66 billion a year earlier.
Overall earnings jumped 21.4% to $352 million from $290 million a year earlier....
We picked United Technologies as our top Conservative pick for 2020 before the COVID-19 outbreak. Despite the resulting stock market damage, our reasons behind that choice are still valid.
The merger with defense contractor Raytheon has helped cut its exposure to commercial airlines, which continue to struggle during the current crisis....
ABB LTD. ADRs $20 is a buy. The stock (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs o/s: 2.1 billion; Market cap: $42.0 billion; P.S. ratio: 1.5; Divd. yield: 4.3%; TSINetwork Rating: Above Average; www.abb.com) gives investors a stake in this leading manufacturer of transformers, transmission systems and circuit breakers for electrical utilities....
BROADRIDGE FINANCIAL SOLUTIONS INC. $117 is a buy. The company (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares o/s: 114.7 million; Market cap: $13.4 billion; Price-to-sales ratio: 3.1; Dividend yield: 1.8%; TSINetwork Rating: Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
In its fiscal 2020 third quarter, ended March 31, 2020, revenue rose 2.0%, to $1.25 billion from $1.22 billion a year earlier....
In its fiscal 2020 third quarter, ended March 31, 2020, revenue rose 2.0%, to $1.25 billion from $1.22 billion a year earlier....
The COVID-19 pandemic has spurred a surge in demand for grocery products. For investors, that has lifted shares of both PepsiCo and Campbell Soup. However, the ongoing closures of movie theatres and sports arenas will continue to hurt sales of soft drinks. While that’s likely to slow further share-price gains for PepsiCo, the closures are just as likely to boost your Campbell shares.
PEPSICO INC....
PEPSICO INC....
FEDEX CORP. $130 is still a buy. The company (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares o/s: 264.4 million; Market cap: $34.4 billion; Price-to-sales ratio: 0.5; Dividend yield: 2.0%; TSINetwork Rating: Average; www.fedex.com) delivers packages and documents in the U.S....
Twilio has skyrocketed since its 2016 IPO and for good reason. The company is focused on a rapidly expanding area: it provides the building blocks that its customers and their software developers need to integrate voice calling, text messaging, video, web, mobile chat and, more recently, email.
The company, in fact, spends a very high 33.3% of its sales to stay ahead of the competition but also to keep winning promient new customers.
Even in today’s uncertain business climate, Twilio’s array of communications offerings is seeing increased demand as COVID-19 forces employees to work remotely....
The company, in fact, spends a very high 33.3% of its sales to stay ahead of the competition but also to keep winning promient new customers.
Even in today’s uncertain business climate, Twilio’s array of communications offerings is seeing increased demand as COVID-19 forces employees to work remotely....
Shopify’s stock continues to surge, and it’s currently the most valuable company on the Toronto Stock Exchange. With its $123.6 billion market cap, it’s just ahead of long-time leader Royal Bank at $120.8 billion.
Some other well-known Canadian stocks have reached the top over the years—only to crash in spectacular fashion....
Some other well-known Canadian stocks have reached the top over the years—only to crash in spectacular fashion....
ResMed specializes in products to treat sleep apnea and chronic obstructive pulmonary disease (COPD). However, with the onset of COVID-19, it is also accelerating production of its current lines of life support ventilators and non-invasive ventilators, as well as its ventilation mask systems.
In fact, the company produced 52,000 non-invasive ventilators in the latest quarter, a three-fold increase over the normal quarterly rate....
In fact, the company produced 52,000 non-invasive ventilators in the latest quarter, a three-fold increase over the normal quarterly rate....