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
THOMSON REUTERS CORP. $234 is a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 455.3 million; Market cap: $106.5 billion; Price-to-sales ratio: 11.3; Dividend yield: 1.1%; TSINetwork Rating: Above Average; www.thomsonreuters.com) recently sold its remaining stake in financial information provider Refinitiv for $500 million U.S.
In January 2021, the company and Blackstone Group LP (New York symbol BX) merged Refinitiv with the London Stock Exchange Group plc (Over-the-counter Pink Sheets symbol LDNXF)....
In January 2021, the company and Blackstone Group LP (New York symbol BX) merged Refinitiv with the London Stock Exchange Group plc (Over-the-counter Pink Sheets symbol LDNXF)....
We continue to recommend all investors allocate as much as 20% of their portfolios to aggressive stocks such as the three we analyze below.
All three of these industrial stocks operate in cyclical industries, which makes them vulnerable to economic downturns....
SAPUTO INC. $30 is a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 424.3 million; Market cap: $12.7 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.5%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products....
Yum Brands’ shares have doubled from their pandemic lows. That’s mainly because it continues to expand its popular online ordering platforms and home delivery services. The company also continues to open new outlets. Moreover, franchisees operate most of these stores, which cuts Yum’s costs and lets it focus on improving its prospects with new menu items and marketing initiatives.
YUM! BRANDS INC....
YUM! BRANDS INC....
TERADATA CORP. $32 is still a hold. The company (New York symbol TDC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 96.7 million; Market cap: $3.1 billion; Price-to-sales ratio: 1.8; No dividend paid; TSINetwork Rating: Average; www.teradata.com) makes computers and software to capture and store large amounts of data for its clients—individual businesses....
BOEING CO. $172 remains a hold. The aircraft maker (New York symbol BA; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 613.9 million; Market cap: $105.6 billion; Price-to-sales ratio: 1.4; Dividend suspended in June 2020; TSINetwork Rating: Extra Risk; www.boeing.com) delivered 83 commercial jetliners in the first quarter of 2024, down from 130 a year earlier....
WARNER BROS. DISCOVERY INC. $7.66 is still a hold. The company (Nasdaq symbol WBD; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 2.4 billion; Market cap: $18.4 billion; Price-to-sales ratio: 0.5; No dividend paid; TSINetwork Rating: Average; www.wbd.com) took its current form in April 2022 when AT&T merged its WarnerMedia business with Discovery Inc....
MONDELEZ INTERNATIONAL INC. $67 is a buy. The company (Nasdaq symbol MDLZ; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $93.8 billion; Price-to-sales ratio: 2.6; Dividend yield: 2.5%; TSINetwork Rating: Above Average; www.mondelezinternational.com) mainly makes snack foods such as cookies, chocolate bars and gum.
The company has agreed to settle charges by European Union antitrust regulators that it illegally forced retailers to buy its products from local distributors instead of getting them at cheaper prices from other EU countries.
As a result, Mondelez will pay $366 million, which is equal to 28% of the $1.29 billion, or $0.95 a share, that it earned in the first quarter of 2024.
The settlement helps cut the company’s risk....
The company has agreed to settle charges by European Union antitrust regulators that it illegally forced retailers to buy its products from local distributors instead of getting them at cheaper prices from other EU countries.
As a result, Mondelez will pay $366 million, which is equal to 28% of the $1.29 billion, or $0.95 a share, that it earned in the first quarter of 2024.
The settlement helps cut the company’s risk....
APPLE INC. $190 is still a hold. The company (Nasdaq symbol AAPL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 15.3 billion; Market cap: $2.9 trillion; Price-to-sales ratio: 7.8; Dividend yield: 0.5%; TSINetwork Rating: Average; www.apple.com) gets about half of its revenue from iPhone sales....
MOTOROLA SOLUTIONS INC. $357 is a buy. The company (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 166.8 million; Market cap: $59.5 billion; Price-to-sales ratio: 6.0; Dividend yield: 1.1%; TSINetwork Rating: Average; www.motorolasolutions.com) reported 10.0% higher revenue in the first quarter of 2024—$2.39 billion from $2.17 billion a year earlier....