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
Bombardier’s stock has soared over 200% in the past year as it continues to realizes the benefits of its plan to focus solely on business jets. While the outlook for that business remains bright, sales of those planes could suffer if the global economy slows....
RESTAURANT BRANDS INTERNATIONAL INC. $100 is a buy for aggressive investors. The company (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 452.0 million; Market cap: $45.2 billion; Price-to-sales ratio: 5.1; Dividend yield: 2.9%; TSINetwork Rating: Average; www.rbi.com) has 30,722 fast food outlets in over 100 countries: 19,789 Burger King, 5,600 Tim Hortons (coffee and donuts), 4,091 Popeyes Louisiana Kitchen (fried chicken) and 1,242 Firehouse Subs.
Tim Hortons is now launching a no-annual fee Mastercard credit card in partnership with Neo Financial....
Canada’s population rose by 1 million in the past year and now exceeds 40 million. If current immigration levels and other trends continue, the population could top 50 million by 2043.
The influx of new people is accelerating the construction of residential housing across the country....
The influx of new people is accelerating the construction of residential housing across the country....
LOBLAW COMPANIES, $120.49, is a buy. The retailer (Toronto symbol L; Shares o/s: 319.5 million; Market cap: $38.5 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%; www.loblaw.ca), operates 1,098 supermarkets under several retail banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....
ALCOA CORP. $34 is a buy. The company (New York symbol AA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 178.3 million; Market cap: $6.1 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.2%; TSINetwork Rating: Extra Risk; www.alcoa.com) is a leading producer of bauxite ore, with mines in Australia, Brazil, West Africa and Saudi Arabia....
SNAP-ON INC. $283 is a hold. The company (New York symbol SNA; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 52.9 million; Market cap: $15.0 billion; Price-to-sales ratio: 3.3; Dividend yield: 2.3%; TSINetwork Rating: Average; www.snapon.com) continues to see strong demand from independent garage operators for its tools as rising interest rates and inflation prompt more people to fix their older cars instead of buying new ones.
In the first quarter of 2023, Snap-On’s revenue (excluding financial services) rose 7.8%, to $1.18 billion from $1.08 billion a year earlier....
In the first quarter of 2023, Snap-On’s revenue (excluding financial services) rose 7.8%, to $1.18 billion from $1.08 billion a year earlier....
In April 2020, Raytheon Technologies Corp. (New York symbol RTX) spun off Carrier and Otis as separate companies. For each share they held, investors received 0.5 of a share in Otis and 1 share in Carrier.
So far, Carrier has soared over 190%, while Otis has gained an impressive 85%....
So far, Carrier has soared over 190%, while Otis has gained an impressive 85%....
The shares of Boeing and Howmet have jumped about 50% in the past year as the easing of COVID-19 travel restrictions spurs demand for new aircraft. However, ongoing supply chain issues and rising costs for materials and labour will likely hold back earnings growth.
BOEING CO....
EBAY INC. $45 is a buy. The company (Nasdaq symbol EBAY; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 534.5 million; Market cap: $24.1 billion; Price to-sales ratio: 2.4; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.ebay.com) operates e-commerce websites, in over 190 countries, where sellers pay fees to auction items or offer them at fixed prices.
eBay has agreed to pay an undisclosed sum for Certilogo....
eBay has agreed to pay an undisclosed sum for Certilogo....
PagerDuty and Twilio were well positioned to gain during the pandemic, but since early 2021 they have dropped along with most other tech/platform stocks. Still, we think both have room to rebound as their services continue to experience strong, and growing, demand....