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 Library Archives

WELL Health plans even more acquisitions

Growth by acquisition adds risk, but WELL Health aims to cut that risk by buying complementary businesses. As well, the Canadian health-care sector is a government-backed, recession-resilient industry.
WELL HEALTH TECHNOLOGIES, $6.25, is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares outstanding: 249.9 million;… Read More

Expedia soars 20%

EXPEDIA GROUP INC., $206.52, is a #1 Power Buy for 2025. The stock (Nasdaq symbol EXPE; TSINetwork Rating: Average) (www.expediagroup.com; Shares outstanding: 142.6 million; Market cap: $26.6 billion; No dividends paid) jumped 20% after its revenue in the quarter ended December 31, 2024, increased 10.3%, to $3.18 billion from $2.89… Read More

DraftKings is poised for more growth

DraftKings shares surged on the release of the company’s latest results. They show a continuing rise in the numbers of bettors joining the DraftKings’ platforms. Indeed, with its industry-leading technology, the company is well positioned to keep expanding its market share as the industry further… Read More

Stantec expects higher growth

STANTEC INC. $110 is a buy. This engineering firm (Toronto symbol STN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 114.1 million; Market cap: $12.6 billion; Price-to-sales ratio: 1.8; Dividend yield: 0.8%; TSINetwork Rating: Extra Risk; www.stantec.com) has a new growth plan to mitigate the impact of… Read More

Possible tariffs weigh on these manufacturers

These three manufacturers operate plants across North America. That makes them vulnerable to rising input costs if the U.S. imposes a 25% tariff on imports from Canada and Mexico.
Despite tariff uncertainty, we still like the long-term prospects for CAE and Linamar. That’s because they have… Read More

Chipmaker has long-term appeal

TEXAS INSTRUMENTS INC. $180 is a buy. The company (Nasdaq symbol TXN; Aggressive Growth Portfolio, Manufacturing sector; Shares outstanding: 913.0 million; Market cap: $164.3 billion; Price-to-sales ratio: 10.6; Dividend yield: 3.0%; TSINetwork Rating: Average; www.ti.com) is a leading maker of analog chips, which convert inputs like touch and… Read More

Three more updates to protect your gains

ARCHER DANIELS MIDLAND CO. $52 is a hold. The company (New York symbol ADM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 494.4 million; Market cap: $25.7 billion; Price-to-sales ratio: 0.3; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed and other… Read More

Boeing reports higher loss

BOEING CO. $174 remains a hold. The aircraft maker (New York symbol BA; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 613.9 million; Market cap: $106.8 billion; Price-to-sales ratio: 1.7; Dividend suspended in June 2020; TSINetwork Rating: Extra Risk; www.boeing.com) delivered 57 commercial jetliners in the fourth quarter of… Read More

Yum China continues its expansion

YUM CHINA HOLDINGS INC. $45 is a buy for aggressive investors. The company (New York symbol YUMC; Aggressive Growth Portfolio, Consumer Sector; Shares outstanding: 391.0 million; Market cap: $17.6 billion; Price-to-sales ratio: 1.6; Dividend yield: 1.4%; TSINetwork Rating: Average; www.yumchina.com) is China’s largest fast-food operator with over 15,800… Read More

Adding AI should spur their profits

These two software makers are adding artificial intelligence (AI) tools to their programs. That should make them more appealing to their customers and continue to fuel their earnings.
ADOBE INC. $442 is a buy for aggressive investors. The software maker (Nasdaq symbol ADBE; Aggressive Growth Portfolio, Manufacturing &… Read More

AI demand will drive Cisco higher

CISCO SYSTEMS INC. $60 is a buy. The company (Nasdaq symbol CSCO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.0 billion; Market cap: $240.0 billion; Price-to-sales ratio: 4.5; Dividend yield: 2.7%; TSINetwork Rating: Average; www.cisco.com) is a leading maker of products that link and manage computer… Read More

Earnings set to rise in 2025

DANAHER CORP. $224 is still a buy for aggressive investors. The company (New York symbol DHR; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding 722.3 million; Market cap: $161.8 billion; Price-to-sales ratio: 7.7; Dividend yield: 0.5%; TSINetwork Rating: Above Average; www.danaher.com) makes precision-testing equipment and tools for medical research… Read More

These two fintechs tap key trends

ACI Worldwide and Broadridge have winning business models, especially in today’s expanding financial markets. We believe that will lead to strong growth in future years. Both are hitting new highs, but we still see them as buys.
ACI WORLDWIDE, $52.88, is a buy. The firm (Nasdaq symbol… Read More

Shopify buys two important website domains

Shopify offers merchants of all sizes Internet-based software to design, set up and manage e-commerce stores across multiple sales channels. It also handles digital payments and shipping.
SHOPIFY, $153.03, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares outstanding: 1.2 billion; Market cap: $197.0… Read More

Niche retailers for Consumer sector growth

Many traditional bricks-and-mortar retailers continue to struggle against the pandemic-spurred onslaught of online shopping and the impact of past inflation on consumer spending. Still, we believe the unique markets of TJX and North West offer you the possibility of strong gains ahead.
THE TJX COMPANIES, $122.57, (New… Read More

This stock offers limited prospects

You should remain wary of stocks that attract broker/media attention because of high-profile products or services, and their business models. Here’s a closer look at one stock with risks that prospective investors should take into consideration:
CELSIUS HOLDINGS INC., $25.35, (Nasdaq symbol CELH; TSINetwork Rating: Extra Risk) (www.celsius.com;… Read More