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
IAMGOLD $4.59 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold- .com; Shares outstanding: 376.6 million; Market cap: $1.7 billion; Dividend yield: 5.5%) owns 38% of the Sadiola mine and 40% of the Yatela mine, both located in Mali; 90% of its new Essakane gold mine in Burkina Faso; 100% of the Doyon mine in Quebec; and 95% of the Rosebel mine in Suriname, South America.
In addition, IAMGold has a 1% royalty interest in the Diavik diamond mine in the Northwest Territories....
In addition, IAMGold has a 1% royalty interest in the Diavik diamond mine in the Northwest Territories....
MAJOR DRILLING $7.38 (Toronto symbol MDI; TSINetwork Rating: Speculative) (1-866- 264-3986; www.majordrilling.com; Shares outstanding: 79.2 million; Market cap: $584.2 million; Dividend yield: 2.7%) is a large contract-drilling firm that mainly serves the mining industry.
In the quarter ended July 31, 2013, Major’s revenue fell 54.4%, to $108.2 million from a record $237.6 million a year ago....
In the quarter ended July 31, 2013, Major’s revenue fell 54.4%, to $108.2 million from a record $237.6 million a year ago....
REITMANS (CANADA) LTD. $6.90 (Toronto symbol RET.A; TSINetwork Rating: Extra Risk) (514-384- 1140; www.reitmans.com; Shares outstanding: 64.6 million; Market cap: $446.6 million; Dividend yield: 11.6%) owns 900 women’s clothing stores across Canada.
The chain consists of 357 Reitmans, 141 Smart Set, 153 Penningtons, 103 Addition Elle, 72 Thyme Maternity and 74 RW & Co....
The chain consists of 357 Reitmans, 141 Smart Set, 153 Penningtons, 103 Addition Elle, 72 Thyme Maternity and 74 RW & Co....
AEROPOSTALE $8.99 (New York symbol ARO; TSINetwork Rating: Extra Risk) (646- 485-5410; www.aeropostale.com; Shares outstanding: 78.5 million; Market cap: $705.6 million; No dividends paid) is now 8% owned by New-York based private equity firm Sycamore Partners.
Earlier this year, Sycamore Partners paid $600 million for Hot Topic, a U.S....
Earlier this year, Sycamore Partners paid $600 million for Hot Topic, a U.S....
CHEMTRADE LOGISTICS INCOME FUND $16.95 (Toronto symbol CHE.UN; TSINetwork Rating: Speculative) (416-496-5856; www.chemtradelogistics- .com; Units outstanding: 41.7 million; Market cap: $706.4 million; Dividend yield: 7.1%) is one of North America’s largest providers of removal services for resource firms, such as oil refineries and base-metal processors....
NISSAN MOTOR (ADR) $20.51 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissan-global.com; Shares outstanding: 2.3 billion; Market cap: $45.7 billion; No dividends paid) has reported lower U.S. sales for the month of September, along with most other automakers....
THE CHURCHILL CORP. $8.87 (Toronto symbol CUQ; TSINetwork Rating: Speculative) (780-454-3667; www.churchillcorporation.com; Shares outstanding: 24.7 million; Market cap: $218.7 million; Dividend yield: 5.4%) provides building construction, commercial and industrial electrical contracting, earthmoving and industrial insulation services to government and private sector clients, mainly in Western Canada.
Churchill’s Stuart Olson Dominion Construction division has just won $400 million worth of contracts....
Churchill’s Stuart Olson Dominion Construction division has just won $400 million worth of contracts....
SASOL LTD. (ADR) $50.56 (New York symbol SSL; TSINetwork Rating: Extra Risk) (082- 883-9697; www.sasol.com; ADRs outstanding: 649.2 million; Market cap: $34.4 billion; Dividend yield: 5.3%) has developed a technology to convert coal and natural gas into motor fuels and is now the world’s largest producer of fuel from coal at its facility in Secunda, South Africa.
In the year ended June 30, 2013, Sasol’s revenue rose 9.7%, to 146.8 billion South African rand (1 rand = $0.10 U.S.) from 133.8 billion rand the previous year....
In the year ended June 30, 2013, Sasol’s revenue rose 9.7%, to 146.8 billion South African rand (1 rand = $0.10 U.S.) from 133.8 billion rand the previous year....
WYNDHAM WORLDWIDE $62.75 (New York symbol WYN; TSINetwork Rating: Extra Risk) (973- 753-6000; www.wyndhamworldwide.com; Shares outstanding: 133.0 million; Market cap: $8.3 billion; Dividend yield: 1.9%) is one of the world’s largest hospitality companies, with 7,410 franchised hotels worldwide.
In addition to hotels, Wyndham manages vacation resorts, rental properties, luxury clubs and time-shares....
In addition to hotels, Wyndham manages vacation resorts, rental properties, luxury clubs and time-shares....
ALCOA INC., $8.32, New York symbol AA, continues to do a good job of cutting its costs in the face of weak aluminum demand and prices, mainly by closing smelters. At the same time, the company continues to expand its more profitable engineered-products business, which makes wings, fasteners and other components for the aerospace and automotive industries. Products like these now account for over half of Alcoa’s revenue and nearly 80% of its earnings. In the three months ended September 30, 2013, Alcoa earned $24 million, or $0.02 a share. That’s a big improvement over the $143 million, or $0.13 a share, it lost a year earlier....