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
GOOGLE INC. $792 (Nasdaq symbol GOOG; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 329.7 million; Market cap: $261.1 billion; Price-to-sales ratio: 5.3; No dividends paid; TSINetwork Rating: Above Average; www.google- .com) is thinking about opening its own chain of retail stores in the U.S....
INTERNATIONAL FLAVORS & FRAGRANCES INC. $72 (New York symbol IFF; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.6 million; Market cap: $5.9 billion; Price-to-sales ratio: 2.1; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.iff.com) produces compounds that improve the taste of food and make consumer products smell better.
In 2012, IFF’s sales rose 1.2%, to $2.82 billion from $2.79 billion in 2011....
In 2012, IFF’s sales rose 1.2%, to $2.82 billion from $2.79 billion in 2011....
CAMPBELL SOUP CO. $40 (New York symbol CPB; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 314.4 million; Market cap: $12.6 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.9%; TSINetwork Rating: Above Average; www.campbellsoupcompany....
MOTOROLA SOLUTIONS INC. $61 (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 276.0 million; Market cap: $16.8 billion; Price-to-sales ratio: 2.0; Dividend yield: 1.7%; TSINetwork Rating: Average; www.motorolasolutions.com) makes specialized electronic equipment, such as bar-code scanners and radios for police and fire vehicles....
CONAGRA FOODS INC. $34 (www.conagrafoods.com) has completed its takeover of private-label food maker Ralcorp Holdings Inc. As a result, it now expects to earn $2.15 a share in the fiscal year ending May 31, 2013. That includes $0.05 from Ralcorp. In 2014, the new operations should add $0.25 a share to its earnings....
H.J. HEINZ CO., $72.28, New York symbol HNZ, jumped 19% this week after the company agreed to a friendly takeover from a consortium led by Berkshire Hathaway Inc. (New York symbol BRK.B), the holding company controlled by billionaire investor Warren Buffett. Heinz shareholders will receive $72.50 a share when the deal closes in the third quarter of 2013. The stock is trading slightly below that price, which indicates that investors do not expect a higher bid. Heinz is now a hold....
WESTJET AIRLINES, $21.88, symbol WJA on Toronto, is our “Stock of the Year” for 2013. The company serves 81 destinations in North America, Central America and the Caribbean. Its fleet of 100 modern Boeing 737s are 30% more fuel efficient than older jets. WestJet plans to take delivery of 35 more 737s through 2018. WestJet continues to add ticketing and baggage-transfer alliances with other airlines, including Cathay Pacific, British Airways, Delta Airlines and American Airlines. This lets it reach new markets while limiting its risk. The company has also invested heavily in a state-of-the-art computer reservation system....
WESTJET AIRLINES $22.29 (Toronto symbol WJA; TSINetwork Rating: Extra Risk) (1-877-493-7853; www.westjet.com; Shares outstanding: 132.3 million; Market cap: $2.9 billion; Divd. yield: 1.8%) serves 81 destinations in North America, Central America and the Caribbean....
Alimentation Couche-Tard $53.33, symbol ATD.B on Toronto, was our #1 pick for 2012 in Stock Pickers Digest at $30.55. Its shares are now up 74.6%.
WestJet, our #1 pick for this year (see left), was trading at $14.10 when we made it our #1 Stock of the Year for 2011....
WestJet, our #1 pick for this year (see left), was trading at $14.10 when we made it our #1 Stock of the Year for 2011....
ACI WORLDWIDE $48.38 (Nasdaq symbol ACIW; TSINetwork Rating: Speculative) (402- 334-5101; www.tsainc.com; Shares outstanding: 39.4 million; Market cap: $1.9 billion; No dividends paid) is buying Online Resources for $126.6 million. The move will help ACI further expand into online banking and bill payments.
Online Resources processes more than 245 million bill payments a year....
Online Resources processes more than 245 million bill payments a year....