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.
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Symantec’s earnings per share rose 13.8% in the three months ended June 30, 2017, to $0.33 from $0.29....
That recovery was further challenged by the July 2017 closure of another Chipotle restaurant in Sterling, Virginia; more than 100 diners fell ill in a norovirus outbreak....
Since the spinoff, FirstService has carried on with residential property management and its property improvement services for commercial and residential real estate.
In the second quarter, ended June 30, 2017, the company’s revenue rose 12.9%, to $434.9 million from $385.1 million a year earlier (all figures except share price in U.S....
In the quarter ended June 30, 2017, Mitel’s sales fell 8.3%, to $238.6 million from $260.3 million a year earlier (all figures except share price and market cap in U.S....
The company continues to benefit from a recently completed restructuring plan....