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
The long-term outlook for these two leading food makers remains solid. Their strong brands are also making it easier for them to raise selling prices to cover rising costs. However, the shares of both companies will likely remain in a narrow range while they restructure their operations.
MAPLE LEAF FOODS INC....
RESTAURANT BRANDS INTERNATIONAL INC. $90 is a buy for aggressive investors. The company (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 449.1 million; Market cap: $40.4 billion; Price-to-sales ratio: 4.8; Dividend yield: 3.3%; TSINetwork Rating: Average; www.rbi.com) is the world’s third-largest fast-food operator after McDonald’s (No....
NUTRIEN LTD. $106 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 520.2 million; Market cap: $55.1 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.5%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers: it ships about 27 million tonnes annually.
Due to economic sanctions, Nutrien expects that Russia’s potash exports declined 25% in 2022....
Due to economic sanctions, Nutrien expects that Russia’s potash exports declined 25% in 2022....
Loblaw is ready to thrive in a post-COVID-19 environment. Many of its customers who opted for home delivery (or in-store pickup) during pandemic lockdowns are sticking with that value-added service. The company’s improvements to its loyalty programs should also drive additional spending per visit, both in its stores and on its websites.
The stock lets you tap this growth and the company’s other successful retailing strategies....
Cintas’s shares have gained 15% since the start of 2022 as the re-opening of the economy continues to spur demand for its uniform rentals and other business services. While the stock looks expensive in relation to its earnings, its high market share and cost controls justify that multiple.
CINTAS CORP....
CINTAS CORP....
NCR CORP. $23 is still a buy for aggressive investors. The company (New York symbol NCR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 137.4 million; Market cap: $3.2 billion; Price-to-sales ratio: 0.4; No dividend paid; TSINetwork Rating: Average; www.ncr.com) plans to separate into two publicly traded firms.
The automated teller machines (ATM) operations will have annual revenue of $3.8 billion and gross earnings of $700 million....
The automated teller machines (ATM) operations will have annual revenue of $3.8 billion and gross earnings of $700 million....
TENNANT CO. $63 is a hold. The company (New York symbol TNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 18.6 million; Market cap: $1.2 billion; Price-to-sales ratio: 1.1; Dividend yield: 1.7%; TSINetwork Rating: Average; www.tennantco.com) makes industrial floor and street-cleaning equipment, including scrubbers, sweepers and polishers.
In the quarter ended September 30, 2022, sales fell 3.3%, to $262.9 million from $272.0 million a year earlier....
In the quarter ended September 30, 2022, sales fell 3.3%, to $262.9 million from $272.0 million a year earlier....
YUM CHINA HOLDINGS INC. $52 is a buy for aggressive investors. The company (New York symbol YUMC; Consumer Sector; Shares outstanding: 421.4 million; Market cap: $21.9 billion; Price-to-sales ratio: 2.3; Dividend yield: 0.9%; TSINetwork Rating: Average; www.yumchina.com) is China’s largest fast-food operator with 12,409 outlets, mainly under the KFC and Pizza Hut banners.
Despite COVID-19 lockdowns in China, the company’s sales in the quarter ended September 30, 2022, rose 5.1%, to $2.68 billion from $2.55 billion a year earlier....
SONY GROUP CORP. ADRs $82 is a hold. The Japanese conglomerate (New York symbol SONY; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.3 billion; Market cap: $106.6 billion; Price-to-sales ratio: 1.3; Dividend yield: 0.3%; TSINetwork Rating: Average; www.sony.com) reported 9.1% higher sales in its fiscal 2023 second quarter, ended September 30, 2022, to $19.19 billion from $18.25 billion a year earlier....
GENERAL ELECTRIC CO. $88 remains a hold. The conglomerate (New York symbol GE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.1 billion; Market cap: $96.8 billion; Price-to-sales ratio: 1.3; Dividend yield: 0.4%; TSINetwork Rating: Average; www.ge.com) plans to break itself up into three separate companies: GE HealthCare (X-ray equipment, MRI and ultrasound scanners); GE Vernova (renewable energy and power); and GE Aerospace (jet engines and aircraft electronics)....