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
Concerns over high interest rates and their impact on loan demand and writeoffs have hindered the shares of the big banks. That’s partly why we recommend investors diversify their holdings with non-bank companies that serve niche segments of the finance industry....
Pfizer recently cut its outlook for 2023 due to declining demand for its COVID-19 vaccines and treatments. However, the company is using the huge profits it earned on those products to buy other drugmakers with promising products.
We feel these moves, as well as Pfizer’s own highly successful research efforts, set it up for many more years of rising sales and earnings....
We feel these moves, as well as Pfizer’s own highly successful research efforts, set it up for many more years of rising sales and earnings....
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:
CHIPOTLE MEXICAN GRILL, $1,840.73, is a buy. The company (New York symbol CMG; TSINetwork Rating: Extra Risk) (www.chipotle.com; Shares outstanding: 27.6 million; Market cap: $50.8 billion; No dividends paid) is now testing a new production line for burrito bowls and salads for digital orders.
Orders placed online ahead of time will be routed to the new system, which dispenses an empty plate positioned under a series of ingredient dispensers....
CHIPOTLE MEXICAN GRILL, $1,840.73, is a buy. The company (New York symbol CMG; TSINetwork Rating: Extra Risk) (www.chipotle.com; Shares outstanding: 27.6 million; Market cap: $50.8 billion; No dividends paid) is now testing a new production line for burrito bowls and salads for digital orders.
Orders placed online ahead of time will be routed to the new system, which dispenses an empty plate positioned under a series of ingredient dispensers....
You should remain wary of stocks that attract broker/media praise for their high-profile products or services and their business models. Here’s a closer look at one stock with risks that prospective investors should take into consideration:
CAVA GROUP, $33.78, (New York symbol CAVA; TSI Rating: Extra Risk) (www.cava.com; Shares o/s: 113.6 million; Market cap: $3.8 billion; No divds.) is a U.S....
CAVA GROUP, $33.78, (New York symbol CAVA; TSI Rating: Extra Risk) (www.cava.com; Shares o/s: 113.6 million; Market cap: $3.8 billion; No divds.) is a U.S....
Disney will make a huge investment in its most lucrative business. The parks, experiences and products segment accounts for a third of the company’s revenue; it contributes a whopping 80% of its operating profits.
WALT DISNEY CO., $84.68, is a buy. The company (New York symbol DIS; TSINetwork Rating: Above Average) (Shares o/s: 1.8 billion; Market cap: $152.4 billion; No dividend) now plans to spend $60 billion over the next 10 years in a major expansion of its theme parks, products and cruise line business....
AMAZON.COM INC., $128.13, is a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares outstanding: 10.3 billion; Market cap: $1.3 trillion; No dividends paid) has just agreed to invest up to $4 billion in privately held artificial-intelligence company Anthropic; it will take a minority ownership position, committing an initial $1.25 billion....
Alimentation Couche-Tard not only adapted to the pandemic, it thrived—and the shares are now trading near their recent all-time high. All in all, we think this retailer is well-positioned to keep prospering in both its core and new markets, including by acquisition....
Distinguishing Genuine AI Investment Opportunities from Broker/Media Spotlight - Keep reading for the full article.
BOMBARDIER INC. is a hold. The company (Toronto symbols BBD.A $50 and BBD.B $50; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 95.3 million; Market cap: $4.7 billion; Price-to-sales ratio: 0.5; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) now focuses solely on making private luxury and business jet planes following the January 2021 sale of its passenger railcar business to France’s Alstom SA....
CGI INC. $138 is your #1 Aggressive Buy for 2023. The company (Toronto symbol GIB.A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 235.5 million; Market cap: $32.5 billion; Price-to-sales ratio: 2.3; No dividends paid; TSINetwork Rating: Extra Risk; www.cgi.com) is Canada’s largest provider of computer-outsourcing services.
CGI fuels its growth with a “Build and Buy” strategy....
CGI fuels its growth with a “Build and Buy” strategy....