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
WESTJET AIRLINES $27.45 (Toronto symbol WJA; TSINetwork Rating: Extra Risk) (1-877-493- 7853; www.westjet.com; Shares outstanding: 123.3 million; Market cap: $3.2 billion; Dividend yield: 2.0%) has now announced the official launch dates for its no-frills, low-cost airline.
The discount carrier will be called Swoop and will feature a fluorescent pink logo on its planes; it will start taking bookings in February 2018 and begin flying near the end of June 2018.
The name Swoop was chosen from 985 suggestions made by employees because it denotes “swooping” into the market with a new business model....
The discount carrier will be called Swoop and will feature a fluorescent pink logo on its planes; it will start taking bookings in February 2018 and begin flying near the end of June 2018.
The name Swoop was chosen from 985 suggestions made by employees because it denotes “swooping” into the market with a new business model....
RESTAURANT BRANDS INTERNATIONAL INC. $82 (www.rbi.com) has 16,000 Burger King, 4,655 Tim Hortons (coffee and donuts) and 2,768 Popeyes Louisiana Kitchen (chicken) outlets. The company has filed lawsuits against some Tim Hortons franchisees in Canada....
HOME CAPITAL GROUP INC. $14 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 80.3 million; Market cap: $1.1 billion; Price-to-sales ratio: 3.1; 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 company offers most of its loans through 4,000 independent mortgage brokers....
The company offers most of its loans through 4,000 independent mortgage brokers....
SNC-LAVALIN GROUP INC. $57 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 175.4 million; Market cap: $10.0 billion; Price-to-sales ratio: 1.2; Divd. yield: 2.1%; TSINetwork Rating: Average; www.snclavalin.com) is a leading Canadian engineering and construction firm specializing in large infrastructure projects, including roads, bridges and water-treatment plants.
The company recently paid $3.6 billion for U.K.-based engineering firm WS Atkins plc....
The company recently paid $3.6 billion for U.K.-based engineering firm WS Atkins plc....
METRO INC. $42 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 227.4 million; Market cap: $9.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro. ca) operates 600 grocery stores and 250 drugstores, in Quebec and Ontario....
LOBLAW COMPANIES $69.04 (Toronto symbol L; Shares outstanding: 395.3 million; Market cap: $27.3 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) operates 1,095 supermarkets across Canada.
In March 2014, the company purchased the Shoppers Drug Mart chain, which operates 1,330 drug stores across Canada.
The Shoppers chain also has 49 Home Health Care stores....
In March 2014, the company purchased the Shoppers Drug Mart chain, which operates 1,330 drug stores across Canada.
The Shoppers chain also has 49 Home Health Care stores....
BAXTER INTERNATIONAL INC. $62 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 544.9 million; Market cap: $33.8 billion; Price-to-sales ratio: 3.3; Dividend yield: 1.0%; TSINetwork Rating: Average; www.baxter....
SYMANTEC CORP. $33 (Nasdaq symbol SYMC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 614.5 million; Market cap: $20.3 billion; Price-to-sales ratio: 4.7; Dividend yield: 1.0%; TSINetwork Rating: Average; www.symantec.com) recently acquired privately held Blue Coat for $4.65 billion....
Global demand for smartphones remains strong. New models continue to spur users in developed countries to upgrade, while improving economic conditions make those devices more affordable in developing regions.
Both Apple and Alphabet, the parent company of Google, will continue to benefit from that trend....
Both Apple and Alphabet, the parent company of Google, will continue to benefit from that trend....
NVIDIA CORP. $176 (Nasdaq symbol NVDA; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 600.0 million; Market cap: $105.6 billion; Price-to-sales ratio: 12.6; Dividend yield: 0.6%; TSINetwork Rating: Average; www.nvidia.com) is a leading designer of 3D-capable video chips....