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
CAE INC. $24 is still a buy for long-term gains. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $7.6 billion; Price-to-sales ratio: 1.7; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....
THOMSON REUTERS CORP. $227 is a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 449.7 million; Market cap: $102.1 billion; Price-to-sales ratio: 10.5; Dividend yield: 1.3%; TSINetwork Rating: Above Average; www.thomsonreuters.com) recently sold its remaining stake in London Stock Exchange Group plc (Over-the-counter Pink Sheets symbol LDNXF) for $600 million (all amounts except share price and market cap in U.S....
Bombardier shares have gained over 450% since the company sold its passenger railcar operations in January 2021. Following the sale, it has focused on its business jets operations. Demand for these products remains strong, but higher costs for materials and labour could squeeze profit margins....
Loblaw’s shares have jumped 40% in the past year; they, in fact, hit a new all-time high of $171.99 on July 24, 2024.
The big gain is partly due to the 2018 transfer of the company’s real estate business to its parent company. That left it to focus on its main food and drugstore chains....
The big gain is partly due to the 2018 transfer of the company’s real estate business to its parent company. That left it to focus on its main food and drugstore chains....
SIX FLAGS ENTERTAINMENT CORP. $47 (www.sixflags.com) is a hold. The company took its current form on July 1, 2024, through the all-stock merger of rival amusement park operators Cedar Fair L.P. and Six Flags Entertainment. As the new firm does not pay a dividend, we’re moving it from our Income-Seeking Portfolio to the Aggressive Growth Portfolio. Six Flags Entertainment is a hold.
NCR ATLEOS CORP....
NCR ATLEOS CORP....
YUM CHINA HOLDINGS INC. $29 is a buy for aggressive investors. The company (New York symbol YUMC; Aggressive Growth Portfolio, Consumer Sector; Shares outstanding: 391.0 million; Market cap: $11.3 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.2%; TSINetwork Rating: Average; www.yumchina.com) is China’s largest fast-food operator with over 14,600 outlets, mainly under the KFC and Pizza Hut banners.
The company recently opened its 200th K-COFFEE outlet in China, which it operates in partnership with Italian coffee maker Lavazza....
The company recently opened its 200th K-COFFEE outlet in China, which it operates in partnership with Italian coffee maker Lavazza....
IDEXX LABORATORIES INC. $471 is still a hold. The company (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 82.6 million; Market cap: $38.9 billion; Price-to-sales ratio: 10.6; No dividends paid; TSINetwork Rating: Average; www.idexx.com) makes equipment that veterinarians use to detect diseases in animals.
Due to unfavourable currency rates and slowing visits by pet owners, Idexx expects its revenue in 2024 will range from $3.895 billion to $3.965 billion....
Due to unfavourable currency rates and slowing visits by pet owners, Idexx expects its revenue in 2024 will range from $3.895 billion to $3.965 billion....
DANAHER CORP. $266 is a buy for aggressive investors. The company (New York symbol DHR; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding 722.2 million; Market cap: $192.1 billion; Price-to-sales ratio: 8.4; Dividend yield: 0.4%; TSINetwork Rating: Above Average; www.danaher.com) makes precision-testing equipment and tools for medical research labs and municipal water utilities.
In the three months ended June 28, 2024, Danaher’s revenue fell 2.9%, to $5.74 billion from $5.91 billion a year earlier....
In the three months ended June 28, 2024, Danaher’s revenue fell 2.9%, to $5.74 billion from $5.91 billion a year earlier....
The shares of these two chipmakers are hitting new highs, due to the rapid spread of new artificial intelligence applications and activist pressure. We feel both can go even higher, but advise only aggressive investors to consider adding them to their portfolios.
NVIDIA CORP....
NVIDIA CORP....
In November 2014, Agilent spun off its electronic testing equipment business as Keysight Technologies. Agilent shareholders received one Keysight share for every two shares they held.
Since the split, Agilent is up over 235% while Keysight has jumped 330%....
Since the split, Agilent is up over 235% while Keysight has jumped 330%....