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
METRO INC., $70.14, is a buy. The company (Toronto symbol MRU; Shares o/s: 239.9 million; Market cap: $16.8 billion; TSINetwork Rating: Average; Dividend yield: 1.6%; www.metro.ca) operates 950 grocery stores and 650 drugstores, in Quebec, Ontario and New Brunswick.
Metro has now opened its new $400 million distribution centre in Toronto that uses automated equipment to handle fresh and frozen foods....
Metro has now opened its new $400 million distribution centre in Toronto that uses automated equipment to handle fresh and frozen foods....
LOBLAW COMPANIES, $116.15, is a buy. The retailer (Toronto symbol L; Shares outstanding: 327.6 million; Market cap: $38.2 billion; TSINetwork Rating: Above Average; Dividend yield: 1.4%; www.loblaw.ca) continues to expand its home delivery service, which saw strong demand and growth during COVID-19 lockdowns.
Loblaw has formed a new alliance with U.S.-based delivery company DoorDash Inc....
NCR CORP. $31 (www.ncr.com) is still a buy. The company makes automated teller machines (ATMs), cash registers, self-serve checkouts and kiosks for theatres and arenas....
MOTOROLA SOLUTIONS INC. $230 is a buy. The company (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 168.2 million; Market cap: $38.7 billion; Price-to-sales ratio: 4.6; Dividend yield: 1.4%; TSINetwork Rating: Average; www.motorolasolutions.com) recently paid $22 million for Videotec S.p.A....
APA CORP. $35 is a hold. The oil producer (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 338.2 million; Market cap: $11.8 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.4%; TSINetwork Rating: Average; www.apacorp.com) and its partner Total SA recently announced a major offshore discovery near South America’s Suriname....
INTERNATIONAL FLAVORS & FRAGRANCES INC. $121 is a buy. The company (New York symbol IFF; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 254.8 million; Market cap: $30.8 billion; Price-to-sales ratio: 2.5; Dividend yield: 2.6%; TSINetwork Rating: Above Average; www.iff.com) merged with the nutrition and biosciences business of DuPont (New York symbol DD) in February 2021....
China is now easing its latest round of COVID-19 lockdowns. That should help fast-food operators Starbucks and Yum China rebound, particularly as their strong brands and expanding digital platforms remain popular with younger customers.
STARBUCKS CORP....
Rising interest rates and recession fears have hit these three technology stocks particularly hard in 2022, as investors worry a slowdown will prompt their clients to spend less on their products.
However, those kinds of cuts would be shortsighted of clients, as the products they buy from these companies make them more efficient....
However, those kinds of cuts would be shortsighted of clients, as the products they buy from these companies make them more efficient....
Investors tend to prefer “pure-play” firms as easier to analyze than companies with many businesses. A good example is the April 2020 merger our long-time favourite United Technologies with rival Raytheon to form Raytheon Technologies. It also spun off its building equipment businesses, which let Raytheon focus solely on its aerospace operations.
Despite the shutdown of air travel due to the COVID-19 pandemic, the stock has gained 81% since the merger....
Despite the shutdown of air travel due to the COVID-19 pandemic, the stock has gained 81% since the merger....
Amazon is now moving further into food-related services through its Prime membership program. The online commerce giant has provided grocery benefits to Prime members under its Whole Foods Market division as a way to make its annual subscription program more valuable—and it’s now adding food delivery.
AMAZON.COM INC., $110.40, is a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares o/s: 10.2 billion; Market cap: $1.1 trillion; No divds.) has now agreed to add Grubhub to its suite of Prime services in the U.S....
AMAZON.COM INC., $110.40, is a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares o/s: 10.2 billion; Market cap: $1.1 trillion; No divds.) has now agreed to add Grubhub to its suite of Prime services in the U.S....