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.
China’s best stocks are set to move higher when it and the U.S. end their tariff war and the Chinese economy returns to faster growth. Still, to cut risk, you should limit yourself to Chinese companies offering American depositary receipts (ADRs) on U.S. exchanges.
PINDUODUO INC....
Adobe Inc., on page 5, is a prime example....
We are currently working on the inaugural issue of Power Growth Investor to be published this Friday, October 18, 2019.
Please check back to read your issue at that time. Thank you.
ANDREW PELLER LTD. (A shares) is a buy for Successful Investors. The company (Toronto symbols ADW.A $14 and ADW.B $14; Income Portfolio, Consumer sector; Shares o/s: 44.2 million; Market cap: $618.8 million; Price-to-sales ratio: 1.6; Divd....
CAE INC., $33, is a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 265.0 million; Market cap: $8.7 billion; Price-to-sales ratio: 2.5; Dividend yield: 1.3%; TSINetwork Rating: Average; www.cae.com) has opened three new pilot training centres in Europe—two in England and one in Italy....
We continue to believe investors benefit from holding a small portion of their portfolios in aggressive stocks. That includes the three we analyze below.
Computer outsourcing specialist CGI remains our top aggressive pick, It has handed our investors a 30% gain in the past year.
We also recommend holding BlackBerry and Bombardier while they transform their businesses....
On January 1, 2018, Becton completed its $25.0 billion cash-and-stock takeover of rival medical device maker C.R....