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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ADT INC., $7.92, is a buy. The company (New York symbol ADT; TSINetwork Rating: Extra Risk) (adt.com; Shares outstanding: 821.8 million; Market cap: $6.9 billion; Dividend yield: 2.8%) is a leading provider of monitored security products and services to residential and small business customers in the U.S.
ADT also offers certain Google products, including Internet-connected thermostats, smoke alarms and locks, to its customers....
Retaliatory tariffs by Canada would push up the prices of U.S.-made products. However, they would likely have little impact on these two supermarket operators, as consumers would probably switch to Canadian-made products, including their popular private-label brands.
LOBLAW COMPANIES LTD....
LOBLAW COMPANIES, $187.43, is a buy. The retailer (Toronto symbol L; Shares outstanding: 301.0 million; Market cap: $56.4 billion; TSINetwork Rating: Above Average; Dividend yield: 1.1%; www.loblaw.ca) operates 1,131 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....
Otis’s revenue in the three months ended December 31, 2024, rose 2.3%, to $3.68 billion from $3.62 billion a year earlier....
In the fourth quarter of 2024, Idexx’s sales rose 5.8%, to $954.3 million from $901.6 million a year earlier....
MONDELEZ INTERNATIONAL INC....