Growth Stocks

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:

  1. Invest mainly in well-established companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
  3. 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 Post Archives

Investing in AI: what stocks will it pay off for?

Investing in Artificial Intelligence: We feel it could have a huge positive potential, but watch for these risks and rewards
Artificial Intelligence (AI) only crossed the fiction-to-news barrier in recent years, after decades as a staple of Arnold Schwarzenegger films, but it’s already influencing the economy… Read More

Earnings jumped 32.1% at Yum Brands

Earnings jumped 32.1% at Yum Brands

The launch of new weight-loss drugs like Ozempic, which cause people to eat less, has hurt fast-foods stocks like Yum Brands. However, these drugs come with serious side effects, which limits their use. We feel this company’s top brands will continue to attract customers, particularly… Read More

Rapid growth makes Twilio a strong buy

Rapid growth makes Twilio a strong buy

Improved sales in markets outside North America led to a 5.2% jump in revenue for Twilio during the most-recent quarter.

A strong balance sheet, market-leading products and an impressive customer base offer justification for a stock trading at 26.7 times the company’s 2024 earnings forecast.

For a rising portfolio

Learn 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.

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TWILIO INC… Read More

Thermo Fisher has a bright future

Thermo Fisher has a bright future

Recent FDA approvals of Thermo Fisher’s key products as well as promising acquisitions suggest plenty of revenue growth and share price appreciation is in store in years to come.

Meanwhile, the stock trades at 22.2 times the company’s 2024 earnings forecast which is relatively cheap compared… Read More

A earnings drop doesn’t negate a rosy future at FedEx

A earnings drop doesn’t negate a rosy future at FedEx

A 6.7% revenue decline that missed the consensus forecast hasn’t changed our long-term outlook for FedEx. That’s because the company’s ongoing re-organization should deliver solid gains in the years to come.

Meanwhile, the stock trades at just 14.1 times the company’s 2024 earnings forecast.

For a rising portfolio

Learn 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.

 I consent to receiving information from The Successful Investor via email. I understand I can unsubscribe from these updates at any time.

FEDEX CORP. (New… Read More

Earnings just popped 16.7% at Adobe

Earnings just popped 16.7% at Adobe

Improved software subscription sales led to a 9.8% revenue jump and a record sales level for Adobe during the most-recent quarter.

What’s more, the company’s in-house AI features should add tremendous value to its subscription business. These enhanced capabilities should make the company even more dominant… Read More

We don’t recommend McCormick

We don’t recommend McCormick

McCormick’s sales rose 5.6%, as higher selling prices which offset lower volumes.

Meanwhile, the stock trades at 26.0 times the company’s 2023 earnings forecast.

For a rising portfolio

Learn 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.

 I consent to receiving information from The Successful Investor via email. I understand I can unsubscribe from these updates at any time.

MCCORMICK & CO. INC. (New York symbol MKC; www.mccormick.com) makes spices, seasonings and flavours.

In its fiscal 2023 third quarter, ended August 31, 2023,… Read More