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
DUNDEE REIT $35.56 (Toronto symbol D.UN; TSINetwork Rating: Speculative) (416- 365-3535; www.dundeereit.com; Shares outstanding: 97.7 million; Market cap: $4.0 billion; Dividend yield: 6.3%) owns and manages 24.1 million square feet of office and retail space.
In the three months ended March 31, 2013, Dundee REIT’s revenue jumped 36.2%, to $189.6 million from $139.2 million a year earlier....
In the three months ended March 31, 2013, Dundee REIT’s revenue jumped 36.2%, to $189.6 million from $139.2 million a year earlier....
PASON SYSTEMS $17.93 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 82.1 million; Market cap: $1.5 billion; Dividend yield: 2.9%) rents equipment for monitoring and managing oil and gas rigs. It also sells communication systems, such as its satellite system, which companies use to remotely collect data from their drilling operations....
AMAZON.COM $262.96 (Nasdaq symbol AMZN; TSINetwork Rating: Extra Risk) (206- 266-1000; www.amazon.com; Shares outstanding: 455.2 million; Market cap: $122.4 billion; No dividends paid) plans to start selling original TV shows through its website.
Traditionally, TV producers make pilot episodes of new shows....
Traditionally, TV producers make pilot episodes of new shows....
SYMANTEC CORP. $23.62 (Nasdaq symbol SYMC; TSINetwork Rating: Average) (1-408-517-8000; www.symantec.com; Shares outstanding: 689.2 million; Market cap: $16.7 billion; Dividend yield: 2.5%) sells computersecurity technology, including anti-virus and emailfiltering software, to businesses and consumers.
In its fiscal 2013 fourth quarter, which ended March 29, 2013, Symantec’s revenue rose 4.4%, to $1.75 billion from $1.68 billion a year earlier....
In its fiscal 2013 fourth quarter, which ended March 29, 2013, Symantec’s revenue rose 4.4%, to $1.75 billion from $1.68 billion a year earlier....
WESTJET AIRLINES $23.45 (Toronto symbol WJA; TSINetwork Rating: Extra Risk) (1- 877-493-7853; www.westjet.com; Shares outstanding: 132.3 million; Market cap: $3.1 billion; Dividend yield: 1.7%) recently dropped from the all-time high of $25.47 it reached in April 2013, even though the company reported record earnings in the latest quarter.
WestJet’s earnings per share jumped 38.8% in the three months ended March 31, 2013, to $0.68 from $0.49 a year earlier.
Demand for the company’s flights remains high, and it has entered into new partnerships with other airlines; these were the main reasons for the increases.
WestJet shares fell mostly on investor concern that the company’s profit growth could slow if it’s unable to fill the new planes it is adding to the same level as its current fleet....
WestJet’s earnings per share jumped 38.8% in the three months ended March 31, 2013, to $0.68 from $0.49 a year earlier.
Demand for the company’s flights remains high, and it has entered into new partnerships with other airlines; these were the main reasons for the increases.
WestJet shares fell mostly on investor concern that the company’s profit growth could slow if it’s unable to fill the new planes it is adding to the same level as its current fleet....
CALIAN TECHNOLOGIES $20.35 (Toronto symbol CTY; TSINetwork Rating: Speculative) (613- 599-8600; www.calian.com; Shares outstanding: 7.6 million; Market cap: $155.6 million; Dividend yield: 5.5%) operates in two areas: the business and technology services division (which supplies 70% of Calian’s revenue) provides engineers, health care workers and other skilled professionals to clients on a contract basis....
Please note: The next issue of Wall Street Stock Forecaster will be sent out on Friday, May 31, 2013. SONY CORP. ADRs, $20.34, New York symbol SNE, jumped 14% this week after Dan Loeb, an activist investor who owns 6.3% of Sony’s shares, announced a plan aimed at unlocking some of the company’s value. Loeb is the same investor who pressed Yahoo! Inc. (Nasdaq symbol YHOO) to replace its chief executive officer with Marissa Mayer, a former vice-president at Google (see below). Loeb’s plan involves sell 15% to 20% of Sony’s entertainment division through an initial public offering. This division, which makes movies, television programs and music recordings, supplied just 17% of Sony’s revenue in the fiscal year ended March 31, 2013. But due to large losses at Sony’s TV and cellphone divisions, the entertainment business accounted for a high 45% of the company’s earnings....
Please note: The next issue of Stock Pickers Digest will be sent out on Friday, May 24, 2013. AIMIA INC., $14.98, symbol AIM on Toronto, dropped over 6% this week, even though it reported higher revenue and raised its dividend. The company owns and operates Aeroplan, Canada’s largest loyalty program; Nectar, the U.K.’s biggest loyalty program; and Nectar Italia. In addition, Aimia has interests in Air Miles Middle East and Club Premier, the leading loyalty program in Mexico....
SYMANTEC CORP., $24.35, Nasdaq symbol SYMC, sells computer-security technology, including anti-virus and email-filtering software, to businesses and consumers. In its fiscal 2013 fourth quarter, which ended March 29, 2013, Symantec’s revenue rose 4.0%, to $1.75 billion from $1.68 billion a year earlier. That beat the consensus revenue estimate of $1.73 billion. The company is doing a good job of selling its products as ongoing subscriptions instead of one-time purchases. Subscriptions now account for 44% of Symantec’s sales to consumers and 14% of its sales to businesses. Earnings rose 11.0%, to $314 million from $283 million. Symantec spent $125 million on share repurchases in the latest quarter. Due to fewer shares outstanding, earnings per share rose 15.8%, to $0.44 from $0.38. These figures exclude costs related to the company’s plan to lay off 30% to 40% of its managers and streamline its product lines. On that basis, the latest earnings exceeded the consensus estimate of $0.38 a share. Symantec continues to spend around 15% of its revenue on research....
Please note: The next Stock Pickers Digest newsletter issue will be sent out on Friday, May 24, 2013. WESTJET AIRLINES LTD., $21.85, symbol WJA on Toronto, fell almost 13% this week, even though it reported record earnings in the latest quarter. WestJet reports that its earnings jumped 33.3% in the three months ended March 31, 2013, to $91.1 million from $68.3 million a year earlier. That marks the company’s 32nd consecutive quarter of profitability. Earnings per share rose 38.8%, to $0.68 from $0.49, on fewer shares outstanding. Revenue rose 8.6%, to $967.2 million from $891.0 million a year earlier....