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.
Technology stocks generally move up and down with the overall economy. Now that a recession seems likely, businesses and consumers are scaling back their spending on new computers and software.
However, we feel now—ahead of the next cyclical upswing—is a good time to add high-quality tech… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that specializes in consumer medical products and solutions.
Pat likes the firm’s recent acquisition, which should let the company better serve the aging U.S. population. The company’s essential products are also… Read More
More regions have now reopened their economies as the COVID-19 pandemic eases. That’s good news for this fast-food operator. The firm aims to spur its long-term growth by expanding overseas operations which currently supply just 10% of revenue.
Meanwhile the stock trades at 21.2 times the company’s… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a financial data company with investment firm clients around the world.
Pat likes the track record of rising revenue and earnings as well as the firm’s recent acquisition. It continues to invest in… Read More
We first recommended this firm in the October 2005 issue of Wall Street Stock Forecaster as a buy for aggressive investors. We felt the company’s dominance in the niche uniform rentals business gave it reliable revenues and cash flows. Its ability to sell other products… Read More
A strong reputation is what generates the kind of goodwill that leads to additional contracts with different clients across a variety of key industries. That diversity gives this firm plenty of stability in uncertain economic times.
Renewals and extensions are also key to this firm’s long-term… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a real estate company with a large North American residential properties portfolio.
Pat likes the consistent track record of rising revenues and earnings as the firm’s acquisitions continue to pay off. However, Pat… Read More
With the April 2020 issue, we promoted this real estate services firm to our Aggressive Growth Portfolio from its original spot as a Power Growth Investor pick. Since then, the stock has risen over 30% as the COVID-19 pandemic prompted homeowners and businesses to upgrade… Read More
This medical device maker continues to enjoy strong demand for its products as hospitals and clinics resume regular procedures on easing of COVID-19 lockdowns and other restrictions. While ongoing supply-chain problems add risk, we like its long-term prospects.
The company has now completed the spinoff of… Read More
Many traditional bricks-and-mortar retailers have continued to struggle following the COVID-spurred shift to online shopping.
But we believe this firm’s unique business model offers you the possibility of strong gains ahead as in-store traffic returns. We recommend the stock as a Power Buy.
The company’s shares… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on an online payments company that continues to innovate and compete effectively.
Pat likes the company’s willingness to try new features, which drives rising user numbers and revenue growth. A restructuring plan should build… Read More
Improved sales derived from past acquisitions helped generate a 22.9% revenue gain for this company during the most-recent quarter.
New contract wins should continue to add to the bottom line. Meanwhile, the stock trades at 21.0 times the company’s 2022 earnings forecast.
 For a rising portfolioLearn everything you need to know in 'How to Find the Best Growth Stocks' for FREE from The Successful Investor. Canadian Growth Stocks: CGI Group, CAE Inc., Fortis Inc. Stock and more. |
STANTEC INC. (Toronto symbol STN;… Read More
This firm continues to prosper in its CPAP machine market but is also expanding quickly in out-of-hospital software solutions. These are aimed at letting healthcare agencies work more efficiently to provide individualized service to patients. This is a big growth area, and the company’s progress… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a large fitness center company.
Pat likes the firm’s rebounding revenue and earnings numbers. However, he warns there are few barriers to competition and any new COVID-19 variant poses a huge risk for… Read More
Investors tend to prefer “pure-play” firms as they are perceived to be easier to analyze than companies with many businesses. This firm is a good example due to its merger with a rival, followed by a spinoff that allowed it to focus solely on its… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that specializes in all aspects of renewable energy generation from biogas.
Pat likes the company’s ambitious plans and potential but warns that the firm is expensive relative to its market capitalization… Read More
A series of recent acquisitions continues to expand the firm’s reach across sectors including high-definition surveillance, video analysis as a service, AI software and more.
Its revenues have kept growing and it continues to raise its dividend payouts, with a strong balance sheet and favourable U.S…. Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that offers cloud-based construction management software.
Pat likes the rising sales and customer acquisition trends, but notes the company is still losing money and operates in a competitive market despite its… Read More
The health-care sector is a government-backed, recession-resilient industry, and this firm is shaping up to be a major player. The company is now the largest private-sector operator of outpatient medical clinics in Canada.
Its aggressive acquisition strategy is targeted at telehealth and other services across Canada… Read More
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 this firm’s unique business model offers you the possibility of strong gains ahead. We recommend the stock as a Power… Read More
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Canadian Growth Stocks:
CGI Group, CAE Inc., Fortis Inc. Stock and more.
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
The privacy of the site/store visitor is very important to TSI Network, and is respected at all times. The information we receive from customers helps us to personalize and continually improve your online experience at TSI Network.
We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
We store subscriber and password files containing personal information securely. These files are stored in secure areas that are not accessible to the general public. We are always working to ensure the security of your personal information.
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.
Automatic Information: We receive and store certain types of information whenever you interact with us. For example, like many websites, we use "cookies," and we obtain certain types of information when your web browser accesses TSI Network.
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.
Although you may be able to access some of our websites without being required to register or provide personal information, certain websites and sections of our websites may require registration. In addition, if you choose to contact us to ask a question, we will collect your personal information so that we can respond to your question.
To make the visitor’s experience on our website easier, we may use per-session “cookies” (session identifiers) to track the state of the visitor session. This “cookie” is destroyed when your session with our website is over.
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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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In addition to these limited disclosures of personal information, TSI Network may provide its affiliates or unaffiliated third parties with aggregate information about visitors to our sites. For example, we might disclose the median ages of visitors to our websites, or the numbers of visitors to our websites that come from different geographic areas. Such aggregate information will not include information of any individual visitors to our websites.
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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How can you ask questions about our Privacy Policy and access your personal information?
The provision of information by you is entirely voluntary and you have the right not to provide information. Subject to applicable law, you may have the right to receive certain information as to whether or not personal information relating to you is held by TSI Network and to obtain a copy of such information that is sought. You may also have the right to require information, where appropriate, to be erased, blocked or made anonymous or to have data updated or corrected. If you do not wish TSI Network to hold information about you or if you wish to have access to information, modify information, or object to any processing of information or if you have questions please contact us.
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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