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:

  1. Invest mainly in well-established companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
  3. 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
TRANSCONTINENTAL INC. $17 (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares o/s: 87.3 million; Market cap: $1.5 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.2%; TSINetwork Rating: Average; www.tctranscontinental.com) completed its $1.7 billion acquisition of Chicago-based Coveris Americas in May 2018....
CAE expects global air travel volumes to rise 3.6% each year for the next decade. That’s good news for the company, which is the leading supplier of flight simulators and pilot-training services to the airline industry. In fact, CAE has roughly 70% of the global civilian simulator market.


The company also continues to expand its military training operations....
LOBLAW COMPANIES $65.64 (Toronto symbol L; Shares outstanding: 371.9 million; Market cap: $24.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.8%; www.loblaw.ca) operates 1,085 supermarkets and 1,337 Shoppers Drug Mart pharmacies across Canada.


On November 1, 2018, Loblaw transferred its stake in Choice Properties REIT (symbol CHP.UN on Toronto) to its parent company George Weston Ltd....

GENUINE PARTS CO. $109 (New York symbol GPC; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 146.8 million; Market cap: $16.0 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.8%; TSINetwork Rating: Average; www.genpt.com) sells replacement auto parts through company-owned stores (under the NAPA banner) and independent outlets in North America, Europe, Australia and New Zealand....
MONDELEZ INTERNATIONAL INC. $48 (Nasdaq symbol MDLZ; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $67.2 billion; Price-to-sales ratio: 2.7; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.mondelezinternational.com) makes cookies and crackers (Oreo, Ritz), chocolate bars (Cadbury, Toblerone), gum and candy (Trident, Dentyne) and Halls cough drops.


In the quarter ended December 31, 2018, sales fell 2.8%, to $6.77 billion from $6.97 billion a year earlier....

In the past few years, activist investment firms have pressured ABB and BHP to sell their unprofitable operations. That has freed up cash for share buybacks and dividends.


ABB LTD. ADRs $20 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.1 billion; Market cap: $42.0 billion; Price-to-sales ratio: 1.2; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for electrical utilities....
SONY CORP. ADRs $47 (New York symbol SNE; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.3 billion; Market cap: $61.1 billion; Price-to-sales ratio: 0.8; Dividend yield: 0.6%; TSINetwork Rating: Average; www.sony.net) reported 10.0% lower sales for its fiscal 2019 third quarter, ended December 31, 2018, to $21.3 billion from $23.6 billion a year earlier....

These four technology companies continue to invest heavily in research. While that spending depresses their current earnings, it also helps them develop profitable new products to spur earnings for years to come.


INTEL CORP. $51 (Nasdaq symbol INTC; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.5 billion; Market cap: $229.5 billion; Price-to-sales ratio: 3.3; Dividend yield: 2.5%; TSINetwork Rating: Above Average; www.intel.com) is the world’s leading maker of computer chips: its products power 80% of all personal computers.


In the quarter ended December 29, 2018, Intel’s revenue rose 9.4%, to $18.66 billion from $17.05 billion a year earlier....
STANTEC INC. $31.78 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares o/s: 113.9 million; Market cap: $3.6 billion; Divd. yield: 1.7%) reports that the Chicago Transit Authority has selected it to head up a plan to reconstruct and modernize 3.1 kilometres of elevated rail tracks....
FIRSTSERVICE CORP. $117.41 (Toronto symbol FSV; TSINetwork Rating: Extra Risk) (416-960-9500; www.firstservice.com; Shares outstanding: 34.6 million; Market cap: $4.1 billion; Dividend yield: 0.7%) set up its commercial real estate business, Colliers International Group, as a separate company on June 1, 2015 (see this page)....