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.
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Growth Stocks Library Archives
RESTAURANT BRANDS INTERNATIONAL, $68.87, is a buy. The company (New York symbol QSR; TSI Rating: Average) (www.rbi.com; Shares outstanding: 478.0 million; Market cap: $31.0 billion; Dividend yield: 3.4%) has appointed Patrick Siewert as its Senior Advisor in the Asia-Pacific region....
This leading software firm’s shares recently jumped after it posted a bigger-than-expected jump in profits and sales in the latest quarter, and it raised its forecasts. That’s all on top of rising interest in its artificial intelligence products. That has prompted existing customers to spend more and has attracted new ones....
Nutrien’s shares shot up to $148 in April 2022 on a sharp increase in potash prices following Russia’s invasion of Ukraine. The stock is now down 47% as potash supplies and prices stabilize. We still like the company’s long-term outlook, particularly as the world’s rising population and declining arable land per person will require farmers to use more fertilizers to increase their crop yields.
NUTRIEN LTD....
NUTRIEN LTD....
CAE’s shares are down 11% since the start of 2024, while Bombardier has jumped 67%. Even so, we still feel CAE is a better choice for long-term gains due to its exposure to a wider range of clientele and types of aircraft.
CAE INC. $26 is still a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $8.3 billion; Price-to-sales ratio: 1.9; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....
CAE INC. $26 is still a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $8.3 billion; Price-to-sales ratio: 1.9; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....
In 2023, the old ShawCor (now called Mattr) sold its legacy pipeline coating operations and shifted its focus to its liquid storage tank and industrial products businesses. The shift has worked out well for investors—the stock has doubled since the company announced the plan in September 2022....
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....