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.
DOMINO’S PIZZA, $424.82 (New York symbol DPZ; TSINetwork Rating: Average) (www.dominos.com; Shares outstanding: 33.8 million; Market cap: $14.6 billion; Dividend yield: 1.6%), gives you exposure to the world’s largest chain of pizza stores offering takeout and delivery. The company (symbol DPZ on New York) operates 21,750 outlets, in the U.S. and 85 other countries. Franchisees run most of these stores.
MATTR CORP. $11 is a buy for aggressive investors. The company (Toronto symbol MATR; Aggressive Growth Portfolio, Manufacturing sector; Shares outstanding: 61.6 million; Market cap: $677.6 million; Price-to-sales ratio: 0.7; Dividend suspended in March 2020; TSINetwork Rating: Extra Risk; www.mattr.com) is the new name for ShawCor Ltd. (old symbol SCL) following completion a major transformation. Under that plan, the company sold most of its pipeline coating and related businesses in 2023 for $442 million. It recently sold its remaining pipeline coating business in Brazil for $51.0 million.
In the quarter ended June 14, 2025, George Weston’s revenue rose 5.2%, to $14.82 billion from $14.09 billion a year earlier. Per-share earnings rose 4.4%, to $1.02 from $0.98 (all per-share amounts adjusted for 3-for-1 split on August 18, 2025).
A problem with the refrigeration system has forced Metro to temporarily shut down its Frozen Distribution Centre in Toronto.
The company has implemented its contingency plan, which will let it keep supplying frozen products to its stores.
The company is now taking steps to maintain its AI dominance. It recently announced a new deal to invest $100 billion in OpenAI, the developer of the ChatGPT chatbot. Nvidia is also investing $5 billion in chipmaker Intel (see page 93).
The stock will likely remain volatile, particularly due to ongoing uncertainty over its ability to sell chips in China. However, we feel the growth of AI will drive the stock even higher in the next few years.