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
ACI WORLDWIDE $18.83 (Nasdaq symbol ACIW; TSINetwork Rating: Speculative) (402-390-7600; www.aciworldwide.com; Shares outstanding: 118.3 million; Market cap: $2.2 billion; No dividends paid) makes software for processing transactions involving credit cards, debit cards, automated teller machines, point-of-sale terminals and interbank payments. Its products also help cut fraud. In the three months ended September 30, 2015, ACI’s revenue fell 4.3% to $238.7 million from $249.6 million a year earlier. Earnings declined 6.1%, to $14.8 million, or $0.13 a share, from $15.7 million, or $0.14. The higher U.S. dollar cut revenue and earnings at the company’s international operations. ACI is benefiting from the shift to chip-and-PIN debit and credit cards. That migration is the result of a liability shift for the EMV (EuroPay, MaterCard and VISA) payment networks, which came into effect in October 2015....
FAIR ISAAC CORP. $85.25 (New York symbol FICO; TSINetwork Rating: Average) (415-472-2211; www.fairisaac.com; Shares outstanding: 31.1 million; Market cap: $2.7 billion; Dividend yield: 0.1%) spends around 12% of its revenue on research, which lets it keep ahead of the competition. For example, it recently incorporated new data into its software. Previously, FICO Scores didn’t distinguish between people who carry balances on their credit cards (higher credit risk) and those who’ve never had a credit card but pay their cable, cellphone, electric, water and other bills every month (lower risk). In addition, the company plans to add information people publicly share on social media websites like Facebook. Both moves should make FICO Scores more accurate....
YAMANA GOLD $2.13 (Toronto symbol YRI; TSINetwork Rating: Speculative) (416-815-0220; www. yamana.com; Shares outstanding: 946.6 million; Market cap: $1.9 billion; Dividend yield: 1.0%) owns eight operating gold mines in Mexico, Brazil, Chile and Argentina. It also holds a 12.5% stake in the Alumbrera copper/gold mine in Argentina and has a number of other properties in advanced stages of development. In the three months ended September 30, 2015, the company’s gold production fell 1.9%, to 325,897 ounces from 332,344 a year earlier. The decline mainly resulted from lower ore grades at two of its mines. Gold prices fell 12.1% in the latest quarter. That, plus the lower production, cut Yamana’s cash flow by 25.9%, to $133.9 million from $180.7 million. Cash flow per share declined 39.1%, to $0.14 from $0.23, on more shares outstanding....
ALAMOS GOLD $3.40 (Toronto symbol AGI; TSINetwork Rating: Speculative) (604-681- 2802; www.alamosgold.com; Shares outstanding: 255.5 million; Market cap: $921.0 million; No dividends paid) took its current form in July 2015, when Alamos Gold merged with Stock Pickers Digest recommendation AuRico Gold.
The combined firm owns the Mulatos mine in Mexico and the Young-Davidson project in northern Ontario, which holds as much as 5.6 million ounces of gold....
The combined firm owns the Mulatos mine in Mexico and the Young-Davidson project in northern Ontario, which holds as much as 5.6 million ounces of gold....
GOODYEAR TIRE & RUBBER CO. $27.93 (Nasdaq symbol GT; TSINetwork Rating: Extra Risk) (330-796-2122; www.goodyear.com; Shares outstanding: 268.9 million; Market cap: $7.4 billion; Dividend yield: 1.0%) has just won a contract with the Boeing Co. (symbol BA on New York and a recommendation of Wall Street Stock Forecaster) to supply main nose and landing gear tires for Boeing’s new 777X aircraft, which is scheduled for delivery in 2019. So far, the 777X program has received orders and commitments for 306 planes. The airliner will use Goodyear’s Flight radial tire, which is lighter than earlier models and includes rigid tread belts and enhanced rubber that offer greater stability, a longer life and more resistance to cuts. The deal reinforces Goodyear’s strong position in the growing aircraft-tire market....
SHERRITT INTERNATIONAL $0.65 (Toronto symbol S; TSINetwork Rating: Speculative) (1-800-704-6698; www.sherritt.com; Shares outstanding: 293.9 million; Market cap: $199.8 million; No dividends paid) owns 40% of the Ambatovy nickel mine on the island nation of Madagascar, off Africa’s east coast.
The $5.3-billion U.S....
The $5.3-billion U.S....
CHEMTRADE LOGISTICS INCOME FUND $14.83 (Toronto symbol CHE.UN; TSINetwork Rating: Speculative) (416-496-5856; www.chemtradelogistics .com; Units outstanding: 69.1 million; Market cap: $1.0 billion; Dividend yield: 8.1%) is one of North America’s largest providers of removal services for resource firms, such as oil refineries and base metal processors, whose operations create sulphur, acid and other by-products....
PLEASE NOTE: One week from today, on January 22, 2016, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our top Aggressive Stocks for 2016 to subscribers of Stock Pickers Digest. You can be among the first to hear about our top picks for 2016. Because you’re a loyal subscriber, we are happy to offer you a low-priced, no-risk introduction to Stock Pickers Digest. It gives you the first month—and the 2016 Stocks of the Year—FREE. But you must act now. Click here. BAXALTA INC., $40.26, New York symbol BXLT, makes vaccines and drugs in three main areas: hematology (blood diseases), immunology (immune system) and oncology (cancer)....
In next week’s Stock Pickers Digest Hotline, we’ll reveal our top stock picks for 2016. Don’t miss this unique opportunity to profit. DREAM OFFICE REIT, $14.57, symbol D.UN on Toronto, owns and manages 174 properties comprising 23.3 million square feet of office and retail space in major Canadian cities. In the three months ended September 30, 2015, Dream Office’s revenue rose slightly, to $202.4 million from $201.7 million a year earlier. Cash flow gained 2.5%, to $69.7 million from $68.1 million, while cash flow per unit fell 3.2% to $0.61 from $0.63, on more units outstanding....
MONSANTO CO., $92.79, New York symbol MON, develops and sells technology-based agricultural products, such as genetically modified seeds, to farmers, grain processors and food companies. It also sells weed- and pest-control products. In the first quarter of its 2016 fiscal year, which ended November 30, 2015, Monsanto lost $52 million, or $0.11 a share. However, that was much better than the consensus estimate of a $0.22-a-share loss. A year earlier, the company earned $227 million, or $0.47 a share. Sales declined 22.7%, to $2.2 billion from $2.9 billion, missing the consensus forecast of $2.4 billion....