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.
AT&T INC....
The company also has 3.3 million regular phone users, mainly in rural parts of the U.S., and demand for this service is falling....
Unlike other credit card companies, such as Visa and MasterCard, Amex is also a lender....
As the Canadian economy improves, interest rates will likely rise....
First, I wanted to publish profitable advice, free of conflicts of interest. (In 1998, we launched Stock Pickers Digest to cover aggressive stocks.)
Judging by our standing in the Hulbert ratings, we produce some of the best advisory results you can find in North America.
Second, I wanted to offer portfolio management, using the same advice as our advisory service....