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
RUBY TUESDAY, INC. $7.99 (New York symbol RT; TSINetwork Rating: Speculative) (865-379-5700; www.rubytuesday.com; Shares outstanding: 63.7 million; Market cap: $509.0 million; No dividends paid) has just announced a new plan to refocus its operations.
Under this initiative, the company will discontinue three of the new restaurant concepts it was developing: it’s closing its 13 Marlin & Ray’s restaurants and its single Wok Hay location....
Under this initiative, the company will discontinue three of the new restaurant concepts it was developing: it’s closing its 13 Marlin & Ray’s restaurants and its single Wok Hay location....
PASON SYSTEMS $17.26 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 82.0 million; Market cap: $1.4 billion; Dividend yield: 2.8%) 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....
ALCOA INC., $8.94, New York symbol AA, reported sharply lower earnings for 2012. However, that’s mainly because the company cut bulk aluminum production in response to low prices. It’s also moving into more profitable businesses, such as manufacturing parts for cars and airplanes. Alcoa’s earnings fell 66.7% in 2012, to $0.24 a share. This figure excludes unusual items, such as gains on asset sales and costs to close plants. On this basis, the latest earnings easily beat the consensus estimate of $0.18. The company earned $0.72 a share in 2011. Revenue fell 5.0%, to $23.7 billion from $25.0 billion. Even so, that exceeded the consensus revenue estimate of $23.4 billion. Aluminum shipments rose 3.2%, but average prices fell 11.7%....
RUBY TUESDAY INC., $7.84, symbol RT on New York, just announced a new plan to refocus its operations. Under this initiative, the company will discontinue three of the new restaurant concepts it was developing: it’s closing its 13 Marlin & Ray’s restaurants and its single Wok Hay location. It’s also selling its two Truffles Grill restaurants, which it operates under license. The company will keep 15 of its 17 newly launched Lime Fresh locations; it will close the remaining two. The plan is being carried out by J.J. Buettgen, whom Ruby Tuesday appointed as its new president and CEO in November 2012. Buettgen was formerly the chief marketing officer at Darden Restaurants (symbol DRI on New York). Darden is the world’s largest casual dining operator. The company hired him for his expertise in promoting multiple brands. As well, he has worked on turning around Darden’s well-established but underperforming Olive Garden and Red Lobster chains....
PLEASE NOTE: One week from today, on January 11, 2013, just after the stock market closes at 4:30 p.m. Toronto time, we will reveal our #1 Canadian Stock of 2013 to subscribers of The Successful Investor. Our #1 pick for 2012, CP Rail, has surged 54% in the past year and is still on the rise. You can be among the first to hear about our #1 Pick for 2013. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to The Successful Investor. It gives you the first month—and the 2013 Stock of the Year—FREE. But you must act now. Click here. CHEVRON CORP., $110.50, New York symbol CVX, has agreed to purchase 50% of a proposed liquefied natural gas (LNG) terminal in Kitimat, B.C., in a series of transactions. The deal includes related pipelines and gas properties in the province. The company will purchase the 30% stakes held by ENCANA CORP. $20.40, New York symbol ECA, and EOG Resources Canada Inc. Following these deals, Chevron will sell 10% to APACHE CORP., $83.20, New York symbol APA. As a result, Chevron and Apache will each own 50%....
PLEASE NOTE: One week from today, on January 11, 2013, just after the stock market closes at 4:30 p.m. Toronto time, we will reveal our #1 Canadian Stock of 2013 to subscribers of The Successful Investor. Our #1 pick for 2012, CP Rail, has surged 54% in the past year and is still on the rise. You can be among the first to hear about our #1 Pick for 2013. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to The Successful Investor. It gives you the first month—and the 2013 Stock of the Year—FREE. But you must act now. Click here. LEON’S FURNITURE LTD. $13.55, symbol LNF on Toronto, has received approval from shareholders of The Brick (symbol BRK on Toronto) for its $700-million takeover of that company. The purchase will nearly double Leon’s market cap. The Brick operates 230 stores across Canada, while Leon’s has 76 outlets in every province except B.C. Leon’s and The Brick will continue to operate as separate chains....
PLEASE NOTE: This is our last Hotline for 2012. Our next Hotline will go out on Friday, January 4, 2013. GOOGLE INC., $715.63, Nasdaq symbol GOOG, is selling its Motorola Home division, which makes TV set-top boxes and modems for cable companies. The company acquired this business as part of its $12.5-billion purchase of cellphone maker Motorola Mobility Holdings in May 2012. The buyer is Georgia-based Arris Group Ltd. (Nasdaq symbol ARRS). When the deal closes in the first half of 2013, Google will receive $2.05 billion in cash plus $300 million of Arris’s common shares. That will give it a 15.7% stake in Arris....
PLEASE NOTE: This is our last Hotline for 2012. Our next Hotline will go out on Friday, January 4, 2013. AMAZON.COM INC., $256.92, symbol AMZN on Nasdaq, and ADOBE SYSTEMS INC., $37.71, symbol ADBE on Nasdaq, are part of a 12-company consortium that is buying bankrupt Eastman Kodak’s 1,100 digital-imaging patents for $525 million U.S. Other members of the consortium include Apple, Google, Samsung, Research in Motion, Microsoft, China’s Huawei, Facebook and Fujifilm....
Dear client,
The best way for conservative investors to profit from cyclical oil and natural gas prices is with well-established leaders like Chevron. That’s partly because its large international presence cuts its exposure to any one region.
Chevron also offers investors a growth element....
The best way for conservative investors to profit from cyclical oil and natural gas prices is with well-established leaders like Chevron. That’s partly because its large international presence cuts its exposure to any one region.
Chevron also offers investors a growth element....
FEDEX CORP. $93 (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 314.1 million; Market cap: $29.2 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.6%; TSI Network Rating: Average; www.fedex.com) reported that its earnings in the three months ended November 30, 2012 fell 11.9%, to $438 million, or $1.39 a share....