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
HEWLETT-PACKARD CO. $30 (New York symbol HPQ; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.9 billion; Market cap: $57.0 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.9%; TSINetwork Rating: Average; www.hp.com) is starting to benefit from a major restructuring that includes merging its computer and printing divisions and cutting 11% of its workforce.
In its fiscal 2014 first quarter, which ended January 31, 2014, earnings before unusual items rose 8.5%, to $1.7 billion from $1.6 billion a year earlier....
In its fiscal 2014 first quarter, which ended January 31, 2014, earnings before unusual items rose 8.5%, to $1.7 billion from $1.6 billion a year earlier....
These two Japanese automakers reported higher U.S. sales in 2013, thanks to new models and pent-up demand after the 2008-2009 recession. Meanwhile, like Canon (see page 23), the low Japanese yen is increasing the value of their overseas sales.
TOYOTA MOTOR CO....
TOYOTA MOTOR CO....
FORD MOTOR CO. $15 (New York symbol F; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.0 billion; Market cap: $60.0 billion; Price-to-sales ratio: 0.4; Dividend yield: 3.3%; TSINetwork Rating: Extra Risk; www.ford.com) sold 2.5 million vehicles in the U.S....
Canadian investors must pay a 35% U.S. withholding tax on income from master limited partnerships (MLPs) like Buckeye and Cedar Fair. However, you can usually claim a non-refundable Canadian tax credit to offset that withholding tax. As well, MLPs are not suitable for RRSPs or RRIFs.
These concerns aside, we like the outlook for both MLPs, but see them as holds after their recent gains.
BUCKEYE PARTNERS L.P....
These concerns aside, we like the outlook for both MLPs, but see them as holds after their recent gains.
BUCKEYE PARTNERS L.P....
AMEREN CORP. $40 (New York symbol AEE; Income Portfolio, Utilities sector; Shares outstanding: 242.6 million; Market cap: $9.7 billion; Price-to-sales ratio: 1.5; Dividend yield: 4.0%; TSINetwork Rating: Average; www.ameren.com) has received regulatory approval to build a 644-kilometre, $1.1-billion power line in central Illinois....
GOOGLE INC. $1,220 (Nasdaq symbol GOOG; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 336.1 million; Market cap: $410.0 billion; Price-to-sales ratio: 6.9; No dividends paid; TSINetwork Rating: Above Average; www.google.com) continues to launch new services to cut its reliance on Internet search.
For instance, it now offers TV and Internet access through its own fibre optic networks in Kansas City, Missouri, Austin, Texas and Provo, Utah....
For instance, it now offers TV and Internet access through its own fibre optic networks in Kansas City, Missouri, Austin, Texas and Provo, Utah....
NORDSTROM INC. $61 (New York symbol JWN; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 193.4 million; Market cap: $11.8 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.0%; TSINetwork Rating: Average; www.nordstrom.com) mainly sells upscale clothing, accessories and footwear.
In Nordstrom’s 2014 fiscal year, which ended February 1, 2014, its sales rose 3.3%, to $12.5 billion from $12.1 billion in 2013....
In Nordstrom’s 2014 fiscal year, which ended February 1, 2014, its sales rose 3.3%, to $12.5 billion from $12.1 billion in 2013....
CAMPBELL SOUP CO. $43 (New York symbol CPB; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 315.0 million; Market cap: $13.5 billion; Price-to-sales ratio: 1.7; Dividend yield: 2.9%; TSINetwork Rating: Above Average; www.campbellsoupcompany.com) is the world’s largest maker of canned soups....
3M COMPANY $133 (www.3m.com) is buying privately held Treo Solutions for an undisclosed amount. Treo’s software helps health plan providers collect and analyze patient data. That helps its clients control their costs while delivering the proper medical services....
WAL-MART STORES INC., $73.12, New York symbol WMT, reported better-than-expected earnings this week. However, the company’s U.S. big box stores are facing strong competition from online retailers, particularly for clothing and electronics. Harsh winter weather has also slowed customer traffic. In the fourth quarter of its 2014 fiscal year, which ended January 31, 2014, Wal-Mart’s earnings fell 22.2%, to $4.35 billion from $5.6 billion a year earlier. Earnings per share declined 18.6%, to $1.34 from $1.67, on fewer shares outstanding. Without several unusual items, such as costs to close stores in Brazil and China and restructure its Sam’s Club warehouse outlets, Wal-Mart earned $1.60 a share in the latest quarter. That beat the consensus estimate of $1.59....