3 High-Growth TSX Stocks to Buy in August 2024
3 High-Growth TSX Stocks to Buy in August 2024
Finding the right high-growth TSX stocks to buy in this current environment isn't easy. After all, valuations are high. Canadian stocks are often known for their boring and rather consistent returns — relative to other stocks in global markets, that can be enticing to the average investor.
在當前的環境下,找到合適的高增長多倫多證券交易所股票並不容易。畢竟,估值很高。加拿大股票通常以其無聊且相當穩定的回報而聞名——與全球市場上的其他股票相比,這可能會吸引普通投資者。
The thing is, there are a few exciting TSX stocks worth considering right now. Here are three of my top picks in this regard.
問題是,現在有一些令人興奮的多倫多證券交易所股票值得考慮。以下是我在這方面的三個首選。
Shopify
Shop
Shopify (TSX:SHOP) is one of the largest e-commerce companies offering essential internet infrastructure for commerce. It has two business segments: subscription solutions and merchant solutions. The company powers numerous businesses in more than 175 countries.
Shopify(多倫多證券交易所股票代碼:SHOP)是最大的電子商務公司之一,爲商業提供基本的互聯網基礎設施。它有兩個業務領域:訂閱解決方案和商戶解決方案。該公司爲超過175個國家的衆多企業提供支持。
In the first quarter of 2024, Shopify reported 23% revenue growth year over year and 29% growth in adjusted sales for its logistics business. Moreover, the company reported an increase in gross merchandise value by 23% to US$60.9 billion. The market expects this growth trend to continue, and in most respects, the company looks well-positioned to do so.
在2024年第一季度,Shopify報告收入同比增長23%,物流業務調整後的銷售額增長29%。此外,該公司報告稱,商品總值增長了23%,達到609億美元。市場預計這種增長趨勢將繼續下去,在大多數方面,該公司看起來完全有能力做到這一點。
Indeed, over the past five years, Shopify has remained a top TSX performer, with total gains over this period of more than 120%. Now, this stock is considerably down from its peak, and much of that has to do with the difficult comps ascribed to the pandemic.
事實上,在過去五年中,Shopify一直是多倫多證券交易所表現最好的股票,在此期間的總漲幅超過120%。現在,該股已從峯值大幅下跌,這在很大程度上與疫情造成的困難表現有關。
But as sales continue to grow at a double-digit pace over the long term, I think this is a stock worth buying on its recent dip. At around $100 per share, this stock looks fairly valued, and I can see much more upside from here if interest rate cuts spur additional e-commerce activity.
但是,從長遠來看,隨着銷售額繼續以兩位數的速度增長,我認爲這是一隻值得買入的股票。這隻股票的價格約爲每股100美元,看上去估值不錯,如果減息刺激更多的電子商務活動,我可以看到更多的上行空間。
Constellation Software
星座軟件
Constellation Software (TSX:CSU) is a Canadian-based company that develops and customizes software for private and public sector markets. The company specializes in acquiring, managing and building vertical-specific businesses. Importantly, Constellation Software serves several markets, such as credit unions, communications, tour operators, and others.
Constellation Software(多倫多證券交易所股票代碼:CSU)是一家總部位於加拿大的公司,爲私營和公共部門市場開發和定製軟件。該公司專門收購、管理和建立垂直特定業務。重要的是,Constellation Software爲多個市場提供服務,例如信用合作社、通訊、旅遊運營商等。
In the first quarter of 2024, Constellation Software reported a net income of US$74 million and total comprehensive income of US$25 million. Revenue came in at US$2.5 billion, and net cash flows from operating activities were US$737 million, with free cash flow available to shareholders of US$446 million.
在2024年第一季度,Constellation Software公佈的淨收入爲7400萬美元,總綜合收入爲2500萬美元。收入爲25億美元,來自經營活動的淨現金流爲7.37億美元,向股東提供的自由現金流爲4.46億美元。
Unlike other tech companies, Constellation Software focuses on buying profitable companies and leveraging them to enhance their success. This business model has led to exponential growth, with the company reporting earnings per share growth of 30% annually over the past three years. Unless something is broken, don't fix it. I think that saying goes well for this tech stock.
與其他科技公司不同,Constellation Software專注於收購盈利的公司並利用它們來提高成功率。這種商業模式帶來了指數級增長,該公司報告稱,在過去三年中,每股收益每年增長30%。除非有什麼損壞,否則不要修理它。我認爲這句話對這隻科技股來說很好。
Boyd Group
博伊德集團
Boyd Group (TSX:BYD) is one of the largest automotive companies in Canada. The company operates under the Boyd Autobody & Glass and Assured Automotive banner in Canada and Gerber Collision & Glass in the United States. The company is one of the largest operators of non-franchised collision repair centres in North America and a major retail auto glass operator in the United States.
博伊德集團(多倫多證券交易所股票代碼:BYD)是加拿大最大的汽車公司之一。該公司在加拿大的Boyd Autobody & Glass和Assured Automotive旗下運營,在美國以Gerber Collision & Glass旗下運營。該公司是北美最大的非特許碰撞修復中心運營商之一,也是美國主要的零售汽車玻璃運營商。
In the first quarter of 2024, Boyd Group reported sales of US$786.5 million and net earnings of US$8.4 million. Moreover, the company reported adjusted EBITDA of US$81.7 million, and total sales increased by 10% year-over-year, with an increase in same-store sales by 2.2%.
在2024年第一季度,博伊德集團公佈的銷售額爲7.865億美元,淨收益爲840萬美元。此外,該公司報告調整後的息稅折舊攤銷前利潤爲8,170萬美元,總銷售額同比增長10%,同店銷售額增長2.2%。
Like Constellation, Boyd has grown over the years using a growth-by-acquisition model. While the company's stock price has been down recently, I think this dip is one worth buying. Long-term trends for automobiles staying on the roads longer should benefit Boyd and its core business. Accordingly, those looking for growth don't have to look far — this appears to be a stock worth buying on this dip.
像Constellation一樣,博伊德多年來也使用逐收購增長的模式實現了增長。儘管該公司的股價最近有所下跌,但我認爲這種下跌值得買入。汽車在路上停留更長時間的長期趨勢應該會使博伊德及其核心業務受益。因此,那些尋求增長的人不必走太遠——這似乎是一隻值得在下跌時買入的股票。