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
The shares of CGI, Canada’s largest provider of computer outsourcing services, have dropped about 30% in the past month due to the COVID-19 outbreak. That in part reflects the pandemic’s role in limiting visits by the company’s representatives to both existing and prospective clients.
However, the company is in a strong position to survive the crisis, and thrive again when the economy rebounds....
However, the company is in a strong position to survive the crisis, and thrive again when the economy rebounds....
This month, we’re adding a new stock for subscribers of Canadian Wealth Advisor. As a key supermarket chain in Canada, Metro Inc. is building on its strong market position to supply consumers with food and drugs during the COVID-19 outbreak. This should steady its sales and profits in the difficult times ahead for the economy....
The COVID-19 coronavirus outbreak has cut Stanley’s price by 33% in the past month. However, we expect the stock—and the company—should rebound strongly once the crisis ends. That’s due to its wide variety of products, strong brands and broad geographic presence....
PHILIPS ELECTRONICS N.V. ADRs $37 remains a buy. The company (New York symbol PHG; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 891.0 million; Market cap: $33.0 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.6%; TSINetwork Rating: Average; www.philips.com) makes industrial health-care products, including X-ray scanners and ultrasound systems, along with consumer goods such as electric shavers, electric toothbrushes and air purifiers.
As part of its long-term plan to focus on health-care products, the company is now studying various options for its Domestic Appliances business, which makes kitchen appliances (such as coffee makers) and garment care products (steam irons)....
As part of its long-term plan to focus on health-care products, the company is now studying various options for its Domestic Appliances business, which makes kitchen appliances (such as coffee makers) and garment care products (steam irons)....
The COVID-19 outbreak could prompt many businesses to cut their spending on important equipment such as video surveillance systems (made by Motorola Solutions) and self-serve cash registers (NCR). However, we believe many other businesses will see that as a false economy because these products help them operate more efficiently....
Cintas investors already expect the COVID-19 pandemic to hurt demand for the company’s uniform services, particularly from restaurants and hotels.
However, invests will benefit from higher demand for uniforms, including scrubs, from hospitals and healthcare providers....
However, invests will benefit from higher demand for uniforms, including scrubs, from hospitals and healthcare providers....
ARCHER DANIELS MIDLAND CO. $33 is a buy. This company (New York symbol ADM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 556.7 million; Market cap: $18.4 billion; Price-to-sales ratio: 0.3; Divd. yield: 4.4%; TSINetwork Rating: Above Average; www.adm.com) is a leading processor of corn, wheat, soybeans, canola and other crops for flour, oils and other food ingredients....
In response to the COVID-19 coronavirus outbreak, these four fast-food operators have closed their dine-in areas. However, they continue to serve customers with take-out and drive-thru facilities. Recent investments in their home-delivery operations have proven timely, as those upgrades are now helping them cope as more people eat at home.
We feel that all four will rebound quickly in the next few months once they resume normal operations....
We feel that all four will rebound quickly in the next few months once they resume normal operations....
Slack Technologies’ software plays into a rapidly expanding modern trend—remote working. That trend has only gathered strength with the big swing in work-from-home spurred by the COVID-19 virus.
However, we liked this Power Buy before the current crisis, and we still like it now for its strong future potential.
SLACK TECHNOLOGIES INC....
However, we liked this Power Buy before the current crisis, and we still like it now for its strong future potential.
SLACK TECHNOLOGIES INC....
Domino’s soared to a new all-time high of $382 in mid-February. But even with the recent market fall, it has only dropped to where it was before that leap. The jump came from a stellar quarter of earnings spurred by changes that, coincidentally, will serve it very well in the current “social distancing” environment.
DOMINO’S PIZZA $290.00 (New York symbol DPZ; TSINetwork Rating: Average) (www.dominos.com; Shares o/s: 39.0 billion; Market cap: $11.3 billion; Divd....
DOMINO’S PIZZA $290.00 (New York symbol DPZ; TSINetwork Rating: Average) (www.dominos.com; Shares o/s: 39.0 billion; Market cap: $11.3 billion; Divd....