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
BROADRIDGE FINANCIAL SOLUTIONS $97.34 New York symbol BR; TSINetwork Rating: Average) (201-714-3000; www.broadridge.com; Shares outstanding: 116.6 million; Market cap: $11.1 billion; Dividend yield: 1.5%) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
Investor communications makes up 72% of its overall revenue....
Investor communications makes up 72% of its overall revenue....
HOME CAPITAL GROUP INC. $16 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 80.3 million; Market cap: $1.3 billion; Price-to-sales ratio: 4.1; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.
The stock is down 6% since the start of 2018....
The stock is down 6% since the start of 2018....
METRO INC. $40 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 227.1 million; Market cap: $9.1 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) operates 590 grocery stores and 250 drugstores, in Quebec and Ontario.
Rising minimum wages will probably add $35 million to $45 million to Metro’s costs for the current fiscal year; it earned $153.4 million, or $0.67 a share, in the quarter ended December 23, 2017.
In response, Metro is now testing a new automated checkout system that let shoppers scan items as they put them in their shopping cart and pay as they leave the store....
Rising minimum wages will probably add $35 million to $45 million to Metro’s costs for the current fiscal year; it earned $153.4 million, or $0.67 a share, in the quarter ended December 23, 2017.
In response, Metro is now testing a new automated checkout system that let shoppers scan items as they put them in their shopping cart and pay as they leave the store....
We recently selected CGI Group as our top Aggressive stock pick for 2018. That’s mainly because we feel it is in a strong position to profit as more businesses and governments outsource their increasingly complex computing functions to specialists like CGI.
The company also has an ambitious plan to double its size in the next few years, probably through acquisitions....
The company also has an ambitious plan to double its size in the next few years, probably through acquisitions....
CANADIAN PACIFIC RAILWAY $227.74 (Toronto symbol CP; shares outstanding: 147.7 million; Market cap: $33.7 billion; TSINetwork Rating: Above Average; Dividend yield: 1.0%; www.cpr.ca) ships freight over a 22,000-kilometre rail network between Montreal and Vancouver, with links to hubs in the U.S.
In the quarter ended December 31, 2017, revenue rose 4.6%, to $1.71 billion from $1.64 billion a year earlier....
In the quarter ended December 31, 2017, revenue rose 4.6%, to $1.71 billion from $1.64 billion a year earlier....
RESTAURANT BRANDS INTERNATIONAL INC. $62 (www.rbi.com) operates 16,253 Burger King, 4,680 Tim Hortons (coffee and donuts) and 2,809 Popeyes Louisiana Kitchen (fried chicken) outlets. Those fast-food locations are spread across 100-plus countries. An ongoing feud between the company and its Tim Hortons franchisees threatens to dampen sales and earnings growth....
BAXTER INTERNATIONAL INC. $70 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 544.8 million; Market cap: $38.1 billion; Price-to-sales ratio: 3.7; Dividend yield: 0.9%; TSINetwork Rating: Average; www.baxter....
FEDEX CORP. $270 (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 267.4 million; Market cap: $72.2 billion; Price-to-sales ratio: 1.2; Dividend yield: 0.7%; TSINetwork Rating: Average; www.fedex.com) delivers packages in the U.S....
Recent changes to the U.S. tax code will force these three tech leaders to repatriate billions of dollars held by their overseas subsidiaries. That cash will be taxed at 15.5% instead of 35% as under the old rules.
While those payments will hurt their short-term earnings, the new rules also cut their corporate tax rate to 21% from 35%....
While those payments will hurt their short-term earnings, the new rules also cut their corporate tax rate to 21% from 35%....
As our top picks for 2018, we’ve selected IBM (from our Conservative portfolio), Alphabet (Aggressive) and 3M (Income). These are the same three stocks we picked for 2017.
The fact is all three continue to offer a particularly attractive combination of long-term growth prospects and a reasonable price....
The fact is all three continue to offer a particularly attractive combination of long-term growth prospects and a reasonable price....