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
TRAVEL + LEISURE CO., $55.79, is a buy. The company (New York symbol TNL; TSINetwork Rating: Extra Risk) (www.travelandleisureco.com; Shares o/s: 85.5 million; Market cap: $4.7 billion; Dividend yield: 2.9%) is now the world’s largest vacation-ownership and exchange company....
This leading software firm benefited from the significant number of people working from home during the pandemic. Going forward. we expect the remote-work trend to continue past the COVID-19 crisis and to spur rising demand for Adobe’s digital conferencing software and other apps.
Meanwhile, there are other drivers pushing Adobe upward, including the company’s strong position in key markets and its high R&D spending....
Amazon is now accelerating its Project Kuiper initiative. This aims to provide high-speed broadband service using a constellation of low Earth orbit satellites. This latest move will also strengthen its competitive position against Elon Musk’s SpaceX, which is currently building out its rival Starlink program.
AMAZON.COM INC., $3,079.96, is a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares o/s: 508.6 million; Market cap: $1.6 trillion; No divds.) has now entered agreements with commercial space companies Arianespace, Blue Origin and United Launch Alliance to aid the execution of Project Kuiper.
The three firms will provide heavy-lift launch services to Project Kuiper....
AMAZON.COM INC., $3,079.96, is a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares o/s: 508.6 million; Market cap: $1.6 trillion; No divds.) has now entered agreements with commercial space companies Arianespace, Blue Origin and United Launch Alliance to aid the execution of Project Kuiper.
The three firms will provide heavy-lift launch services to Project Kuiper....
PAGERDUTY INC., $31.28, is a buy. The company (New York symbol PD; TSINetwork Rating: Extra Risk) (www.pagerduty.com; Shares o/s: 87.1 million; Market cap: $2.9 billion; No dividends paid) operates a platform that collects real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations.
For the three months ended January 31, 2022, revenue rose 32.4%, to $71.8 million from $59.3 million a year earlier....
For the three months ended January 31, 2022, revenue rose 32.4%, to $71.8 million from $59.3 million a year earlier....
We think the drug industry will enjoy great success over the next decade. Still, due to the nature of the business, results will vary widely and unpredictably from one drug company to another. A volatile market like the one we expect for drug stocks will include winners and losers....
RESTAURANT BRANDS INTERNATIONAL INC. $74 (www.rbi.com) is a buy. The company has cut off support for operations in Russia. However, the franchised operators of 800 Burger King locations in that country have refused to close those outlets....
Computer outsourcing firm CGI recently announced a new acquisition in Europe, its first major deal since the start of the COVID-19 pandemic. While using acquisitions to expand adds risk, this new purchase should help fuel the company’s growth, particularly as businesses increase their spending on cloud computing and cybersecurity.
CGI INC....
CGI INC....
TOROMONT INDUSTRIES LTD. $118 is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding: 82.4 million; Market cap: $9.7 billion; Price-to-sales ratio: 2.6; Dividend yield: 1.3%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a range of industrial equipment, including Caterpillar machinery, in eastern Canada....
METRO INC. $73 is still a buy. The company (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 240.9 million; Market cap: $17.6 billion; Price-to-sales ratio: 1.0; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro.ca) operates 950 grocery stores and 650 drugstores (mainly under the Jean Coutu banner) in Quebec, Ontario and New Brunswick.
Through their union, the 900 workers at the Metro warehouse in Toronto recently rejected a new contract and are now on strike....
Through their union, the 900 workers at the Metro warehouse in Toronto recently rejected a new contract and are now on strike....
NUTRIEN LTD. $127 remains a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 570.7 million; Market cap: $72.5 billion; Price-to-sales ratio: 2.1; Dividend yield: 1.9%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers.
The stock has jumped nearly 40% since the start of 2022....
The stock has jumped nearly 40% since the start of 2022....