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
Thomson Reuters has held up well during the current downturn—the stock is up 10% in the past year compared to the 8% decline for the S&P/TSX Composite Index. That’s partly because it’s using the proceeds from the sale of its financial information business (Refinitiv) to raise its dividend and buy back shares....
Airlines are now spending more on simulators and pilot training as travel volumes return to pre-pandemic levels. That’s good news for CAE, which has about 30% of the pilot-training market. The company also continues to expand its military businesses; that cuts its exposure to the cyclical airline industry....
LOBLAW COMPANIES, $114.01, is a buy. The company (Toronto symbol L; Shares outstanding: 328.1 million; Market cap: $37.5 billion; TSINetwork Rating: Above Average; Dividend yield: 1.4%; www.loblaw.ca) is Canada’s largest food retailer, with 1,096 supermarkets....
DIAGEO PLC ADR $175 (www.diageo.com) is still a hold. The U.K.-based maker of premium alcoholic beverages has suspended exports to Russia in response to its invasion of Ukraine....
BROADRIDGE FINANCIAL SOLUTIONS INC. $136 is a buy. The company (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares o/s: 116.8 million; Market cap: $15.9 billion; Price-to-sales ratio: 2.9; Divd. yield: 1.9%; TSINetwork Rating: Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
In its fiscal 2022 third quarter, ended March 31, 2022, revenue rose 10.4%, to $1.53 billion from $1.39 billion a year earlier....
In its fiscal 2022 third quarter, ended March 31, 2022, revenue rose 10.4%, to $1.53 billion from $1.39 billion a year earlier....
ALCOA CORP. $49 is a still buy for the Resources portion of your portfolio. The company (New York symbol AA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 184.5 million; Market cap: $9.0 billion; Price-to-sales ratio: 0.8; Dividend yield: 0.8%; TSINetwork Rating: Extra Risk; www.alcoa.com) is a leading producer of bauxite ore with mines in Australia, Brazil, Guinea (West Africa) and Saudi Arabia....
EBAY INC. $43 is still a buy. The company (Nasdaq symbol EBAY; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 626.0 million; Market cap: $26.9 billion; Price to-sales ratio: 2.6; Dividend yield: 2.0%; 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.
The company is part of an investment consortium that has agreed to buy 25% of Funko Inc....
The company is part of an investment consortium that has agreed to buy 25% of Funko Inc....
New firms spun off from larger companies sometimes rise quickly, like Carrier and Otis. That’s probably because investors are familiar with their products and like their prospects. However, others such as Viatris and Kyndryl, are more obscure and need a few years to build a following....
TEXAS INSTRUMENTS INC. $153 is a buy. The company (Nasdaq symbol TXN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 923.6 million; Market cap: $141.3 billion; Price-to-sales ratio: 7.6; Dividend yield: 3.0%; TSINetwork Rating: Average; www.ti.com) is a top maker of analog chips, which convert inputs like touch, sound and pressure into electronic signals that computers can understand.
In the quarter ended March 31, 2022, Texas Instruments’ revenue increased 14.4%, to $4.91 billion from $4.29 billion a year earlier....
In the quarter ended March 31, 2022, Texas Instruments’ revenue increased 14.4%, to $4.91 billion from $4.29 billion a year earlier....
WARNER BROS. DISCOVERY INC. $14 is a hold. The company (Nasadq symbol WBD; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 662.4 million; Market cap: $9.3 billion; Price-to-sales ratio: 0.7; No dividend paid; TSINetwork Rating: Average; www.wbd.com) is a leading producer of entertainment, sports and information programming....