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
Alimentation Couche-Tard has made some major acquisitions over the last decade or so—and it keeps targeting more. Growth by acquisition adds risk. However, the company has a long record of successfully integrating those businesses. Meanwhile, it’s well-positioned to keep prospering in both its core and newly acquired markets....
Growth by acquisition adds risk, but WELL Health aims to cut that risk by buying complementary businesses. As well, the Canadian health-care sector is a government-backed, recession-resilient industry.
WELL HEALTH TECHNOLOGIES, $6.25, is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares outstanding: 249.9 million; Market cap: $1.6 billion; No dividend paid) completed seven acquisitions in 2024....
WELL HEALTH TECHNOLOGIES, $6.25, is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares outstanding: 249.9 million; Market cap: $1.6 billion; No dividend paid) completed seven acquisitions in 2024....
EXPEDIA GROUP INC., $206.52, is a #1 Power Buy for 2025. The stock (Nasdaq symbol EXPE; TSINetwork Rating: Average) (www.expediagroup.com; Shares outstanding: 142.6 million; Market cap: $26.6 billion; No dividends paid) jumped 20% after its revenue in the quarter ended December 31, 2024, increased 10.3%, to $3.18 billion from $2.89 billion a year earlier....
DraftKings shares surged on the release of the company’s latest results. They show a continuing rise in the numbers of bettors joining the DraftKings’ platforms. Indeed, with its industry-leading technology, the company is well positioned to keep expanding its market share as the industry further grows....
STANTEC INC. $110 is a buy. This engineering firm (Toronto symbol STN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 114.1 million; Market cap: $12.6 billion; Price-to-sales ratio: 1.8; Dividend yield: 0.8%; TSINetwork Rating: Extra Risk; www.stantec.com) has a new growth plan to mitigate the impact of climate change while making better use of digital technologies, including artificial intelligence, to improve efficiency.
The plan should lift the company’s annual revenue from about $5.8 billion in 2024 to $7.5 billion in 2026....
These three manufacturers operate plants across North America. That makes them vulnerable to rising input costs if the U.S. imposes a 25% tariff on imports from Canada and Mexico.
Despite tariff uncertainty, we still like the long-term prospects for CAE and Linamar....
Despite tariff uncertainty, we still like the long-term prospects for CAE and Linamar....
APA CORP. $23 (www.apacorp.com) is a hold. The company produces oil and natural gas in the U.S., Egypt and the U.K. In April 2024, APA acquired Callon Petroleum Company (New York symbol CPE) in an all-stock merger worth $4.5 billion....
Starbucks’ shares have gained 45% since it named Brian Niccol as its new CEO in August 2024. Investors expect his experience turning around Chipotle Mexican Grill after a food safety crisis will help the company attract more customers and spur its earnings. In fact, it now looks like his new growth plan is starting to pay off.
STARBUCKS CORP....
STARBUCKS CORP....
TEXAS INSTRUMENTS INC. $180 is a buy. The company (Nasdaq symbol TXN; Aggressive Growth Portfolio, Manufacturing sector; Shares outstanding: 913.0 million; Market cap: $164.3 billion; Price-to-sales ratio: 10.6; Dividend yield: 3.0%; TSINetwork Rating: Average; www.ti.com) is a leading maker of analog chips, which convert inputs like touch and sound into electronic signals that computers can understand.
In the quarter ended December 31, 2024, revenue fell 1.7%, to $4.01 billion from $4.08 billion a year earlier....
ARCHER DANIELS MIDLAND CO. $52 is a hold. The company (New York symbol ADM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 494.4 million; Market cap: $25.7 billion; Price-to-sales ratio: 0.3; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed and other crops into a variety of food ingredients such as flour, oils and sweeteners.
Archer will now restate its results for 2023, as well as the first two quarters of 2024....