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:

  1. Invest mainly in well-established companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
  3. 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 coronavirus pandemic forced the cancellation of most vacation plans. However, the reopening of the economy is spurring strong demand for travel—and both Wyndham, and Travel + Leisure should benefit from that surge. We see both as buys.


WYNDHAM HOTELS & RESORTS, $71.02, is suitable for your new buying. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 92.1 million; Market cap: $6.5 billion; Dividend yield: 1.8%) is the world’s largest hotel franchiser, with 813,000 rooms spread across 8,900 hotels in 95 countries....
Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to brighten prospects for investors. Here are two buys that stand out this month:


CALIAN GROUP, $62.27, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares o/s: 11.3 million; Market cap: $710.2 million; Dividend yield: 1.8%) has just won a contract with the Royal Canadian Air Force (RCAF) to develop e-learning curriculum....
ELECTRONIC ARTS, $129.26, is a buy. The company (Nasdaq symbol EA; TSINetwork Rating: Extra Risk) (www.ea.com; Shares o/s: 279.9 million; Market cap: $35.7 billion; Yield: 0.6%) is now reportedly pursuing a sale or merger and has spoken to numerous interested parties....
STITCH FIX, $6.81, is a sell. The company (Nasdaq symbol SFIX; TSINetwork Rating: Speculative) (www.stitchfix.com; Shares outstanding: 82.8 million; Market cap: $672.8 million; No dividends paid) began as an online stylist providing subscribers with regular shipments of clothes, shoes and accessories, all tailored to their tastes using artificial intelligence.


However, growth in that market has slowed significantly....
Warner Music’s share price reached as high as $50.23 in October 2021, but has moved down lately to just above its IPO price. That June 2020 initial share offering raised $1.9 billion through the sale of 77 million shares at $25 a share.


Despite the recent share price decline, Warner Music continues to benefit from strong demand for music-streaming services, like Spotify and Apple Music, as well as video apps such as TikTok....

There’s little doubt that the developing world’s aging population will continue to spend more on medical services for years to come. Topmedical device makers are well positioned to capture a share of that increased spending.


We continue to see attractive, long-term investment opportunities for our subscribers among the top device manufacturers....
Shares of grocery retailer Metro have gained nearly 20% in the past year and are now just below their all-time high of $74 in April 2022. That gain is largely because consumers continue to eat more of their meals at home despite the re-opening of restaurants. Metro will also continue to benefit from new automated warehouses that cut its labour costs....
TRANSCONTINENTAL INC. $16 is still a buy for aggressive investors. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 86.9 million; Market cap: $1.4 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.6%; TSINetwork Rating: Average; www.tctranscontinental.com) is Canada’s leading commercial printer....
MAPLE LEAF FOODS INC. $28 is still a hold. The company (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 123.9 million; Market cap: $3.5 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.9%; TSINetwork Rating: Average; www.mapleleaffoods.com) has expanded beyond processed meat products in the past few years....
Bombardier has now completed the sale of its money-losing commercial aircraft and railcar businesses to focus on its business jet operations. The outlook for that business continues to improve as countries ease their pandemic travel restrictions. However, rising costs for raw materials and labour could slow the company’s turnaround.


BOMBARDIER INC....