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
DraftKings keeps making the right moves to remain the dominant player in the expanding U.S. sports-betting market. It is now adding another U.S. state to its online sportsbook markets.
DRAFTKINGS INC., $42.24, is a buy. The company (Nasdaq symbol DKNG; TSINetwork Rating: Extra Risk) (Shares outstanding: 841.7 million; Market cap: $36.7 billion; No dividend) currently provides sports betting in several U.S....
DRAFTKINGS INC., $42.24, is a buy. The company (Nasdaq symbol DKNG; TSINetwork Rating: Extra Risk) (Shares outstanding: 841.7 million; Market cap: $36.7 billion; No dividend) currently provides sports betting in several U.S....
ABBVIE INC., $179.86, is a buy. The company (New York symbol ABBV; TSINetwork Rating: Above Average) (www.abbvie.com; Shares outstanding: 1.8 billion; Market cap: $319.6 billion; Dividend yield: 3.5%) continues to hit new, all-time highs—and the stock is now up 84.1% since we first recommended it in our August 2020 issue at $97.70.
Abbott Labs spun off AbbVie in 2013....
Abbott Labs spun off AbbVie in 2013....
Broadridge profits from its recurring fee-based revenue from long-term client contracts and its leading position in proxy and other investor communication services. Its dominance in providing a wide range of back-office services, plus its high-quality clientele, also helps cut its risk....
NUTRIEN LTD. $71 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 494.5 million; Market cap: $35.1 billion; Price-to-sales ratio: 0.9; Dividend yield: 4.1%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of potash, nitrogen (made from natural gas) and phosphate fertilizers....
SNC-LAVALIN GROUP INC. $56 is still a hold. The engineering company (Toronto symbol ATRL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 175.6 million; Market cap: $9.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 0.1%; TSINetwork Rating: Average; www.atkinsrealis.com) is now operating as AtkinsRéalis....
COLLIERS INTERNATIONAL GROUP INC. $158 is a buy for aggressive investors. This company (Toronto symbol CIGI; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 48.7 million; Market cap: $7.7 billion; Price-to-sales ratio: 1.3; Dividend yield: 0.3%; TSINetwork Rating: Extra Risk; www.colliers.com) offers a range of services, including helping clients buy and sell commercial real estate, arranging financing, and assessing properties for tax purposes.
The company recently sold 2.5 million subordinate voting shares to a group of underwriters at $121.00 a share for gross proceeds of $300.0 million (all amounts except share price and market cap in U.S....
The shares of these two aerospace firms are down since the start of 2024, as investors worry about the impact less-profitable products will have on their earnings. We still prefer CAE for your new buying, as it’s in a better position to rebound as travel volumes continue to recover in the wake of the pandemic.
CAE INC....
CAE INC....
Saputo has struggled in the past few years, as consumers shift away from dairy products to non-dairy, plant-based milks. In response, the company has added new products, such as goat cheese. Saputo is also in the midst of a major plan to improve its efficiency, which will make it less vulnerable to rising input costs....
CGI INC. $156 is your #1 Aggressive Buy for 2024. The company (Toronto symbol GIB.A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 231.3 million; Market cap: $36.1 billion; Price-to-sales ratio: 2.6; No dividends paid; TSINetwork Rating: Extra Risk; www.cgi.com) is Canada’s largest provider of computer-outsourcing services....
RESTAURANT BRANDS INTERNATIONAL INC. $110 is a buy for aggressive investors. The fast-food operator (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 452.0 million; Market cap: $49.7 billion; Price-to-sales ratio: 5.2; Dividend yield: 2.9%; TSINetwork Rating: Average; www.rbi.com) has 31,079 outlets in over 100 countries, comprised of Burger King, Tim Hortons (coffee and donuts), Popeyes Louisiana Kitchen (fried chicken) and Firehouse Subs.
Restaurant Brands’ overall sales in the quarter ended December 31, 2023, rose 7.8%, to $1.82 billion from $1.69 billion a year earlier (all amounts except share price and market cap in U.S....