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.
Read More
Close
Growth Stocks Library Archives
Shares of Texas Instruments are down slightly since the start of 2023. That’s largely because manufacturers stocked up on chips due to pandemic-related supply chain disruptions. We expect orders will increase as customers use up their inventories. The company is also taking advantage of tax credits under the U.S....
LAMB WESTON HOLDINGS INC. $91 is a buy. The company (New York symbol LW, Income Portfolio, Consumer sector; Shares o/s: 145.7 million; Market cap: $13.3 billion; P-to-S ratio: 2.5; Divd. yield: 1.2%; TSINetwork Rating: Average; www.lambweston.com) is a leading producer of frozen french fries, potatoes and other packaged vegetables.
In February 2023, Lamb Weston paid $564.0 million for the 50% interest in its joint venture with Netherlands-based Meijer Frozen Foods B.V....
In February 2023, Lamb Weston paid $564.0 million for the 50% interest in its joint venture with Netherlands-based Meijer Frozen Foods B.V....
It’s likely that the strikes at the big three American car makers will hurt the supply of new vehicles. As well, rising interest rates are making it more expensive for consumers to finance new car purchases. These factors should spur demand for replacement parts and repair services at both Genuine Parts and Snap-On....
HOWMET AEROSPACE INC. $46 is a hold. The company (New York symbol HWM; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 413.3 million; Market cap: $19.0 billion; Price-to-sales ratio: 3.1; Dividend yield: 0.3%; TSINetwork Rating: Average; www.howmet.com) makes a range of industrial parts, from jet engine components and fasteners to forged aluminum wheels.
Revenue in the second quarter of 2023, rose 18.3%, to $1.65 billion from $1.39 billion a year earlier....
The re-opening of the world’s economy in the wake of the COVID-19 lockdown spurred strong demand for building construction services and infrastructure projects. Here are three high-quality stocks to help you benefit from it.
CARRIER GLOBAL CORP....
CARRIER GLOBAL CORP....
MICROSOFT CORP. $313 is a buy for aggressive investors. The company (Nasdaq symbol MSFT; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 7.4 billion; Market cap: $2.3 trillion; Price-to-sales ratio: 11.0; Dividend yield: 1.0%; TSINetwork Rating: Above Average; www.microsoft.com) has received preliminary approval from U.K....
Starbucks’ Howard Schultz recently stepped down as CEO and as a director but will continue as Chairman Emeritus.
We expect his successor, Laxman Narasimhan, the former CEO of U.K.-based consumer-products company Reckitt Benckiser, will continue to implement the company’s latest growth plan....
We expect his successor, Laxman Narasimhan, the former CEO of U.K.-based consumer-products company Reckitt Benckiser, will continue to implement the company’s latest growth plan....
Both Calian and WELL Health offer investors a major plus. Specifically, the two get most of their revenue from governments. For Calian, revenue generated from federal departments and agencies currently represents about 50% of the total. Meanwhile, WELL profits from Canada’s government-backed, recession-resilient health-care sector.
CALIAN GROUP, $50.43, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.8 million; Market cap: $610.0 million; Dividend yield: 2.2%) lets investors tap the Ottawa-based company’s four main operating segments:
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government sectors....
CALIAN GROUP, $50.43, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.8 million; Market cap: $610.0 million; Dividend yield: 2.2%) lets investors tap the Ottawa-based company’s four main operating segments:
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government sectors....
MP MATERIALS CORP., $20.01, is a buy. The company (New York symbol MP; TSINetwork Rating: Extra Risk) (www.mpmaterials.com; Shares outstanding: 177.6 million; Market cap: $3.6 billion; No dividends paid), until recently mined and lightly processed a mixed rare-earth concentrate, which was ultimately sold to processors in China....
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:
WARBY PARKER, $12.16, (New York symbol WRBY; TSI Rating: Extra Risk) (www.warbyparker.com; Shares o/s: 97.4 million; Market cap: $1.4 billion; No divds.) is a prescription eyewear seller founded in 2010 to disrupt the traditional eyewear industry with an online-only operation....