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.
NORTH WEST COMPANY, $52.82, is a buy. This retailer (Toronto symbol NWC; TSINetwork Rating: Extra Risk) (www.northwest.ca; Shares outstanding: 47.4 million; Market cap: $2.5 billion; Dividend yield: 3.1%) sells food, and everyday products and services through 227 stores. Those locations are mainly in northern communities across Canada and throughout Alaska. Through your shares, you also tap the company’s operations in remote parts of Hawaii, the wider South Pacific and the Caribbean.
GEN DIGITAL INC., $19.67, is a buy. The firm (Nasdaq symbol GEN; TSINetwork Rating: Extra Risk) (gendigital.com; Shares outstanding: 616.3 million; Market cap: $12.1 billion; Dividend yield: 2.5%) is the parent company for several security-related brands, including Norton, LifeLock, and Avast.
ALAMOS GOLD INC., $65.71, is a buy. The gold miner (Toronto symbol AGI; TSINetwork Rating: Average) (www.alamosgold.com; Shares outstanding: 420.0 million; Market cap: $27.6 billion; Dividend yield: 0.2%) acquired Argonaut Gold (symbol AR on Toronto) in 2024, along with its troubled Magino mine in northern Ontario. All told, it paid $325 million U.S. in shares and in the process became Canada’s third-largest gold producer.
Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use.
Corteva now plans to split its seeds and chemical operations into two separate, publicly traded companies. We expect the plan will work out well for investors, as spinoffs help unlock value. It’s also possible that the two new firms may become attractive takeover targets. Corteva is a Power Buy.
WYNDHAM HOTELS & RESORTS, $87.54, is a buy. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares o/s: 75.1 million; Market cap: $6.6 billion; Dividend yield: 1.9%) says that Almal Real Estate Development’s “The One by Almal Bali Nusa Dua” will become one of Wyndham’s Registry Collection Hotels.
Lilly will sell its weight-loss pill under the brand name Foundayo. Novo Nordisk’s Wegovy had been the only FDA-approved GLP-1 pill available since December 2025.
URBAN OUTFITTERS INC., $68.20, is a buy. The company (Nasdaq symbol URBN; TSINetwork Rating: Extra Risk) (www.urbn.com; Shares o/s: 85.6 million; Market cap: $6.1 billion; No dividends paid), offers lifestyle-oriented clothing, merchandise and services through a portfolio of consumer brands.
Leon’s Furniture is a buy.