Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.
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:
Make better stock picks when you read this FREE Special Report, Canadian Growth Stocks: WestJet Stock, RioCan Stock and More.
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company known as a dominant infrastructure and “agri-tech” innovator.
Pat likes the company’s leadership in an AI–powered agriculture transformation driving steady revenue and earnings expansions. He also likes the multiple tailwinds and… Read More
To profit from growth stocks, you need to pick stocks with clear growth prospects and not simply momentum stocks, including many of today’s AI stocks, with uncertain futures
By definition, growth stocks are companies that have above-average growth prospects and often trade at a high p/e… Read More
Despite a challenging restaurant environment, Texas Roadhouse continues to demonstrate exceptional same-store sales growth, with company-owned locations up 8.5% and franchises up 7.2% in the latest quarter.
This consistent performance has been driven by a winning combination of value pricing and quality offerings and suggests each of… Read More
A recent $925 million acquisition represents a significant strategic move into the contract drug manufacturing space. This expansion lets the company offer a wider range of services to its existing client base while also tapping into an added roster of pharmaceutical and biotech clients.
Management’s decision… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on Sphere entertainment company that’s best-known for the Sphere live entertainment venue in Las Vegas.
Pat likes the strong revenue growth and ambitious plans for a solid growth trajectory. The company also benefits from… Read More
Baxter International is making a major strategic shift as it divests $7.8 billion in assets to sharpen its focus on high-margin hospital equipment. Streamlined operations will improve its efficiency and profitability as it pays down debt with strong cash flow.
We feel the current valuation doesn’t… Read More
Investors aiming to decide on what stocks to buy need to take a broad approach to investing. They should also look at three key metrics: p/e ratios, price-to-book-value ratios, and dividend yields.
When deciding on what stocks to buy, investors sometimes fall into a habit of… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that specializes in engineered wood products for home-building across Canada – Atlas Engineered Products.
Pat likes the firm’s steady revenue and earnings growth as well as the potential for new housing… Read More
Stock beta ratings are of limited use, if any, in picking winning stocks.
Stock beta ratings are a commonly used measure of stock-market volatility. To calculate a stock beta, a market index like the S&P/TSX Composite Index is assigned a beta of 1.0. The historical volatility… Read More
Stantec’s stock is now up 198% since we recommended the company to our Successful Investor Aggressive Growth Portfolio (in the April 2020 issue) from our Power Growth Investor newsletter. We caught the growth trend well as the shares are up 290.6% over the last five… Read More
Yum Brands’ shares have doubled from their pandemic lows. That’s mainly because it continues to expand its popular online ordering platforms and home delivery services. The company also continues to open new outlets. Moreover, franchisees operate most of these stores, which cuts costs and lets… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on an industrial automation company (Rockwell Automation) active in the factory devices, software & control and lifecycle services industries.
Pat likes the company’s positioning in the electric vehicle (EV) market. The firm should also… Read More
Cyclical stocks can experience drastic swings—so use our Successful Investor approach to help pick them wisely
Cyclical stocks regularly rise and fall in price, with those movements usually tied to business or economic cycles.
All in all, though, when times are good, investors in cyclical stocks sometimes… Read More
Toromont Industries operates in a cyclical industry. This makes the company vulnerable to economic downturns, but it’s a leader in its market and that helps offset the cyclical risk.
Meanwhile, governments in Canada and elsewhere continue to invest in new public works projects such as roads,… Read More
Despite a slight dip in revenue, Warner Music Group demonstrated impressive profit growth with earnings increasing 13.7% to $141 million in the latest quarter. Growth in streaming revenue, a critical segment in today’s music industry, highlights the company’s successful adaptation to the digital landscape and… Read More
During the pandemic, Domino’s Pizza implemented savvy strategies to support its business. It’s now well-positioned to capitalize on its popular offerings to keep attracting customers.
It continues to add business in rapidly growing international markets while continuously innovating its menu offerings to attract new customers while… Read More
Cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks such as malware and phishing.
Notably, attacks are being launched with greater frequency and complexity, which will need to be matched by more sophisticated cyber defences.
As a result,… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on an aluminum packaging company that caters primarily to large multinational firms.
Pat likes the firm’s improved focus on its core business after it sold off its aerospace division. He also likes its strong… Read More
Like other technology firms, Twilio grew rapidly on expanding COVID-19 demand for its software. However, the stock is now down significantly from its September 2021 peak of $400.
The slide has prompted activist investors to demand the company slash costs or put itself up for sale… Read More
There is a randomness to stock market growth that can lead investors to make poor decisions if they don’t keep diversification and long-term goals in mind
When we step back from looking at the market’s day-to-day fluctuations, and instead try to figure out where stock prices… Read More
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Canadian Growth Stocks:
CGI Group, CAE Inc., Fortis Inc. Stock and more.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Information from Other Sources: For reasons such as improving personalization of our service (for example, providing better product recommendations or special offers that we think will interest you), we might receive information about you from other sources and add it to our account information. We also sometimes receive updated delivery and address information from our shippers or other sources so that we can correct our records and deliver your next purchase or communication more easily.
We do reserve the right, however, to collect and perform statistical analyses of the internet traffic to our website for our internal use. However, information collected does not allow us to identify any individual, and will not collect any personal information of the visitor. Furthermore, we do not sell, rent or loan to any outside parties the information collected and analyzed.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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TSI Network may provide personal and other information to a purchaser or successor entity in connection with the sale of TSI Network, a subsidiary or line of business associated with TSI Network, or substantially all of the assets of TSI Network or one of its subsidiaries, affiliates or lines of business.
With Your Consent: Other than as set out above, you will receive notice when information about you might go to third parties, and you will have an opportunity to choose not to share the information.
Except as provided herein, TSI Network will not sell or rent personal information about you to unaffiliated third parties.
We may disclose personal information you have provided through our websites, for the above purposes, to persons or companies that we retain to carry out and other activities for which you have registered or in which you have otherwise asked to participate. In particular, we may for these purposes transfer information to any country (including the USA and other countries which may not offer the same level of data protection as Canada). We also will disclose personal information if required by law, including compliance with warrants, subpoenas or other legal processes.
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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TSI Network has procedures in place to keep your personal information accurate, complete and current for the purposes for which it is collected and used. You may review the information that you have provided to us and where appropriate you may request that it be corrected. If you wish to review your personal information please send a request to: service@tsinetwork.ca.
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If you wish to request access to, or correction of, your personal information in our custody or control, or find out how we've used or disclosed that information, please make your request in writing to us. We may need to verify your identity before searching for or providing you with personal information. In some circumstances, we may not be able to provide access to your personal information, for example if it contains the personal information of other persons, if it constitutes confidential commercial information, or if it is protected by solicitor-client privilege. If we deny your request for access to, or refuse a request to correct, your personal information, we will advise you of the reasons for this refusal.
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What Choices Do I Have?
Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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