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:

  1. Invest mainly in well-established companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
  3. 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
North West Company and Extendicare have a competitive edge in their respective niche markets. In fact, each stock is especially attractive for your new buying right now.


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.
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:


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.
Whatever the outlook for gold is going forward—it has now retreated from its all-time highs earlier this year—we think top-quality gold stocks like Alamos and Lundin remain buys. That’s in part because of their prospects for increased production and cash flow—regardless of the spot price for precious metals.


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.
Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns or, more likely, end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.


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.
RESMED INC., $228.80, is a buy. The company (New York symbol RMD; TSINetwork Rating: Average) (www.resmed.com; Shares o/s: 145.7 million; Market cap: $33.4 billion; Yield: 1.1%) plans to open a new distribution centre in Greenwood, Indiana. Beginning in 2027, the centre will expand the company’s U.S. presence and strengthen ResMed’s distribution capacity to better serve patients and providers across North America.
Corteva took its current form when the old DowDuPont spun it off in 2019 as part of the three-way breakup of its operations. Since the split, Corteva’s shares have jumped 147%!
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 is now adding a prestigious new hotel in Bali to its upscale and luxury hotels portfolio.


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.
ELI LILLY & CO., $905.03, is still a buy. The company (New York symbol LLY; TSINetwork Rating: Above Average) (lilly.com; Shares o/s: 893.4 million; Market cap: $810.0 billion; Yield: 0.7%) now has a once-daily U.S. FDA approved weight-loss pill. This gives consumers a second option in the growing non-injectable GLP-1 weight-loss drug market.


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.
We’re adding retailer Urban Outfitters to the Power Growth Investor portfolio. The clothing company’s outlook is strong—its core brands continue to connect with consumers looking for high quality goods at slightly higher prices. Notably, its Nuuly clothing subscription service is rapidly growing and pushing up earnings. This stock is a Power Buy.


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 LTD. $27 (www.www.leons.ca) is a buy. The company sells furniture and appliances through 300 stores, mainly under the Leon’s and The Brick banners. Leon’s has a long history of rewarding investors. It raised your quarterly dividend by 20.0% with the September 2025 payment, to $0.24 a share from $0.20. The new annual rate of $0.96 yields a solid 3.6%. It also paid a special dividend of $0.50 a share in April 2026.


Leon’s Furniture is a buy.