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
With COVID-19, shares of Texas Roadhouse and Chipotle dropped alongside the market. But both food chains used smart strategies to support their businesses during the pandemic. Now, as the economy normalizes, we think each is well-positioned to capitalize on its popular offerings to attract dine-in, pick-up and takeout customers....
ELECTRONIC ARTS, $128.97, is a buy. The company (Nasdaq symbol EA; TSINetwork Rating: Extra Risk) (www.ea.com; Shares o/s: 281.2 million; Market cap: $36.1 billion; Dividend yield: 0.6%) now plans to remove the word “FIFA” from the title of its popular soccer videogame franchise when its partnership with FIFA ends....
Many traditional bricks-and-mortar retailers will continue to struggle against the COVID-spurred onslaught of online shopping. Some will even go out of business. But we believe TJX’s unique business model offers you the possibility of strong gains ahead, and we recommend the stock as a Power Buy.
THE TJX COMPANIES, $60.19 (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.2 billion; Market cap: $66.0 billion; Yield: 2.0%), is a leading off-price retailer of clothing, accessories and home fashions....
THE TJX COMPANIES, $60.19 (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.2 billion; Market cap: $66.0 billion; Yield: 2.0%), is a leading off-price retailer of clothing, accessories and home fashions....
BROADRIDGE FINANCIAL SOLUTIONS, $136.60, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 117.2 million; Market cap: $16.5 billion; Divd. yield: 1.9%) continues to be the leader in its expanding markets.
This includes meeting the needs of the financial services industry as it pushes to improve efficiency and lower costs by outsourcing key middle and back-office functions to Broadridge.
As well, new regulations in the U.S....
This includes meeting the needs of the financial services industry as it pushes to improve efficiency and lower costs by outsourcing key middle and back-office functions to Broadridge.
As well, new regulations in the U.S....
Swiss pharmaceutical giant Novartis spun off Alcon in 2019. And as we’ve said many times before, spinoffs are the closest thing you can find to a sure thing, regardless of the market’s rise and fall.
The stock is already up over 77% from its March 2020 low, but we think it can go much higher....
The stock is already up over 77% from its March 2020 low, but we think it can go much higher....
COLLIERS INTERNATIONAL GROUP INC. $138 remains a buy for aggressive investors. This company (Toronto symbol CIGI; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 42.7 million; Market cap: $5.9 billion; Price-to-sales ratio: 1.1; Dividend yield: 0.3%; TSINetwork Rating: Extra Risk; www.colliers.com) offers a range of services, including helping clients buy and sell commercial real estate, arranging financing, and assessing properties for tax purposes.
In the first quarter of 2022, Colliers spent $52.5 million buying smaller businesses (all amounts except share price and market cap in U.S....
In the first quarter of 2022, Colliers spent $52.5 million buying smaller businesses (all amounts except share price and market cap in U.S....
Both of these engineering firms mainly focus on designing and consulting services. That cuts their risk to expensive cost overruns. We feel Stantec remains the better pick as it has much less exposure to unprofitable legacy projects.
STANTEC INC....
STANTEC INC....
THOMSON REUTERS CORP. $120 is still a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 486.2 million; Market cap: $58.3 billion; Price-to-sales ratio: 7.2; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.thomsonreuters.com) reports that its revenue in the three months ended March 31, 2022, rose 5.7%, to $1.67 billion from $1.58 billion a year earlier (all amounts except share price and market cap in U.S....
Loblaw and Metro have successfully weathered the pandemic so far and, in fact, both stocks are trading at all-time highs for our subscribers! Meanwhile, many of their customers who opted for home delivery (or in-store pickup) during pandemic lockdowns are sticking with that value-added service....
DIEBOLD NIXDORF INC. $4.31 (www.dieboldnixdorf.com) is still a hold, but only for aggressive investors. The company is the world’s biggest maker of automated teller machines (ATMs). Diebold has suspended shipments and sales to clients in Russia as a result of that country’s invasion of Ukraine....