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.
Read More
Close
Growth Stocks Library Archives
SONY CORP. ADRs, $64, is still a hold. The Japanese conglomerate (New York symbol SNE; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.3 billion; Market cap: $83.2 billion; Price-to-sales ratio: 0.8; Dividend yield: 0.6%; TSINetwork Rating: Average; www.sony.net) plans to sell some of its shares in its real estate subsidiary, SRE Holdings, to the public....
Welcome to your latest issue of Wall Street Stock Forecaster! This month, we feature several well-known U.S. stocks poised to deliver strong, long-term returns for investors.
We start with Walmart , which continues to offer its investors solid gains despite intense competition from traditional retailers as well as online giant Amazon.com....
We start with Walmart , which continues to offer its investors solid gains despite intense competition from traditional retailers as well as online giant Amazon.com....
Walmart ticks all the boxes as a sound stock pick for our subscribers. That’s on top of its 22% gain for investors in the past year and its strong 158.7% rise in the 13 and a half years since we first recommended it. For so many reasons, the world’s biggest retailer remains our favourite pick among its peers....
Canadian meal-kit company Goodfood Market began trading on the Toronto exchange in June 2017 at $2.50 a share. The stock reached as high as $3.98 in February 2019, but has come back down since then to today’s price.
Meanwhile, though, it continues to grow rapidly, and that expansion offers investors an attractive opportunity for big gains....
Meanwhile, though, it continues to grow rapidly, and that expansion offers investors an attractive opportunity for big gains....
NortonLifeLock is the new name of Symantec after the recent sale of its Enterprise Security business to Broadcom (symbol AVGO on Nasdaq) for $10.7 billion.
The sale lets NortonLifeLock focus on growing its consumer business to lift investor returns....
The sale lets NortonLifeLock focus on growing its consumer business to lift investor returns....
Wyndham’s split into two companies on June 4, 2018, handed its investors a double opportunity: a stake in two top-quality companies with great prospects—plus an added spinoff boost (see box this page).
Under the terms of that 2018 spinoff, Wyndham Worldwide (old New York symbol WYN) separated from its Wyndham Hotels operations....
Under the terms of that 2018 spinoff, Wyndham Worldwide (old New York symbol WYN) separated from its Wyndham Hotels operations....
Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended it in our December 2008 issue at $15.50. Since then, the stock has split 3-for-1 and 2-for-1. That takes our cost down to $2.58 a share—which gives you a scintillating 1,518.2% gain!
All the while we have recommended the stock, we’ve pointed out that growth by acquisition is risky (see box this page)....
All the while we have recommended the stock, we’ve pointed out that growth by acquisition is risky (see box this page)....
Disney stock was already up 25% this year before the launch of its video streaming service, Disney+. A day after that launch, it was up 36%. We believe the new business holds the possibility of much higher gains for Disney investors. We urge you to join them: Disney is a Power Buy.
Over the years, the company has expanded its stable of properties....
Over the years, the company has expanded its stable of properties....
TOROMONT INDUSTRIES LTD., $70, is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 81.5 million; Market cap: $5.7 billion; Price-to-sales ratio: 1.6; Dividend yield: 1.5%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a range of industrial equipment, including Caterpillar machinery, in eastern Canada....
THOMSON REUTERS CORP. $88 is a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 501.1 million; Market cap: $44.1 billion; Price-to-sales ratio: 7.6; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.thomsonreuters.com) now aims to drive investor returns with its focus on selling specialized information to professionals in the legal, and tax and accounting fields.
It also owns the Reuters news service, but sold 55% of its Financial & Risk business (now called Refinitiv) on October 1, 2018, to a consortium led by Blackstone Group LP (New York symbol BX)....
It also owns the Reuters news service, but sold 55% of its Financial & Risk business (now called Refinitiv) on October 1, 2018, to a consortium led by Blackstone Group LP (New York symbol BX)....