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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The company also won a licensing dispute with computer chip maker Qualcomm Inc....
Agrium and Potash Corp. expect to complete their merger in the next few months. Potash Corp. investors will receive 0.40 of a share in the combined company (called Nutrien) for each POT share they hold; Agrium investors will receive 2.23 shares for each of their AGU shares....
The company’s shares are down, along with those of most other grocers, following an announcement by Amazon.com (symbol AMZN on Nasdaq and a recommendation of Stock Pickers Digest): the online company plans to buy organic grocery chain Whole Foods (symbol WFM on New York) for $13.7 billion in cash.
Profit margins for Canadian grocery chains are already low....
The U.S....
NCR CORP. $39 (New York symbol NCR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 121.1 million; Market cap: $4.7 billion; Priceto-sales ratio: 0.8; No dividends paid; TSINetwork Rating: Average; www.ncr.com) makes automated teller machines (ATMs), cash registers, self-serve checkouts and kiosks for theatres and arenas.
In late 2015, private-equity firm Blackstone Group (New York symbol BX) purchased $820 million worth of NCR’s preferred shares, which can be converted to common shares at $30.00 each....