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
CHIPOTLE MEXICAN GRILL $552.18 (New York symbol CMG; TSINetwork Rating: Speculative) (303-595-4000; www.chipotle.com; Shares outstanding: 31.0 million; Market cap: $17.1 billion; No dividends paid) is a Denver-based Mexican restaurant chain.
In the three months ended December 31, 2013, Chipotle’s sales rose 20.7%, to $844.1 million from $699.2 million a year earlier....
In the three months ended December 31, 2013, Chipotle’s sales rose 20.7%, to $844.1 million from $699.2 million a year earlier....
SHERRITT INTERNATIONAL $3.02 (Toronto symbol S; TSINetwork Rating: Speculative) (1-800-704- 6698; www.sherritt.com; Shares outstanding: 297.3 million; Market cap: $1.0 billion; Dividend yield: 1.3%) has announced that its new Ambatovy mine on the island nation of Madagascar, off Africa’s east coast, has achieved commercial production.
Commercial production is defined as 70% of capacity on average over a 30-day period....
Commercial production is defined as 70% of capacity on average over a 30-day period....
WESTJET $26.11 (Toronto symbol WJA; TSINetwork Rating: Extra Risk) (1-877-493- 7853; www.westjet.com; Shares outstanding: 129.4 million; Market cap: $3.3 billion; Dividend yield: 1.8%) reports that its earnings rose 11.3% in the three months ended December 31, 2013, to $67.8 million from $60.9 million a year earlier....
FIRSTSERVICE CORP. $49.52 (Toronto symbol FSV; TSINetwork Rating: Extra Risk) (416-960-9500; www.firstservice.com; Shares outstanding: 34.3 million; Market cap: $1.8 billion; Dividend yield: 0.9%) serves the following areas of the real estate market: commercial real estate, residential property management and property improvement....
CONAGRA FOODS INC., $29.36, New York symbol CAG, fell 5% this week after it cut its profit outlook for the current fiscal year. In January 2013, ConAgra paid $4.75 billion for Ralcorp Holdings, the largest maker of private label food in the U.S. To put the price in context, ConAgra’s current market cap (or the value of all its outstanding shares) is $12.3 billion. The company is taking longer to absorb Ralcorp than it expected, and strong competition has hurt sales of its branded foods....
GOODYEAR TIRE & RUBBER, $26.76, symbol GT on New York, is up over 10% after reporting strong earnings yesterday. The company also announced that it has used its rising profits to add $1.15 billion in cash to its U.S. hourly workers’ defined-benefit pension plan. This plan is now fully funded, and Goodyear has started to freeze it. A defined benefit plan is where an employer promises to pay a specified monthly retirement benefit regardless of employee contributions or investment performance. Under its recent four-year contract with its U.S. unions, Goodyear has the right to freeze this plan once it’s fully funded....
SONY CORP. ADRs, $16.82, New York symbol SNE, gained 7% this week after it said it would consolidate its money-losing TV operations as a separate firm by July 2014. That should make it easier to sell in the future. In the meantime, Sony will focus on making high-end ultra high-definition TV sets, which are more profitable than current TVs. As well, the company has agreed to sell its struggling Vaio personal computer operations to a private equity firm, though it will hang on to 5% of this business for now. These moves make sense, because intense competition has made these products less profitable. They will also let Sony focus on its more-promising products, like its PlayStation video game console....
CHIPOTLE MEXICAN GRILL INC., $549.29, symbol CMG on New York, is a Denver-based Mexican restaurant chain. In the three months ended December 31, 2013, Chipotle’s sales rose 20.7%, to $844.1 million from $699.2 million a year earlier. The company’s restaurants attracted more customers in the latest quarter, which pushed up same-restaurant sales by 9.3%. It also opened 56 new outlets, bringing its total to 1,595. For all of 2013, the company opened 185 restaurants. It plans to add 180 to 195 more this year. Earnings rose 29.6%, to $79.6 million from $61.6 million. Per-share earnings gained 31.1%, to $2.57 from $1.96, on fewer shares outstanding....
We’ve chosen Newell Rubbermaid as our Stock of the Year for 2014.
Our 2014 choice gives you a prime example of how we apply part three of our three-pronged investing approach, which is to downplay or avoid stocks in the broker/media limelight. (The other two parts are to invest mainly in well-established stocks, and to spread your money out across the five main economic sectors).
Newell makes a variety of everyday items, such as trash cans and food-storage containers....
Our 2014 choice gives you a prime example of how we apply part three of our three-pronged investing approach, which is to downplay or avoid stocks in the broker/media limelight. (The other two parts are to invest mainly in well-established stocks, and to spread your money out across the five main economic sectors).
Newell makes a variety of everyday items, such as trash cans and food-storage containers....
PLEASE NOTE: Next week, Canadian Wealth Advisor will reveal its “#1 Safety-Conscious Stock Pick for 2014.” One week from today, on February 7, 2014, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our our #1 Safety-Conscious Pick for 2014 to subscribers of Canadian Wealth Advisor. You can be among the first to hear about our #1 pick for 2014. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to Canadian Wealth Advisor. It gives you the first month—and the 2013 U.S. Stock of the Year—FREE. But you must act now. Click here. NEWELL RUBBERMAID INC., $30.90, New York symbol NWL, is our Stock of the Year for 2014. Our 2014 choice gives you a prime example of how we apply part three of our three-pronged investing approach, which is to downplay or avoid stocks in the broker/media limelight. (The other two parts are to invest mainly in well-established stocks and to spread your money out across the five main economic sectors)....