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Investing in high-quality growth stocks can help you generate above-average returns over time. Therefore, adding stocks with and high growth potential could be a smart strategy to diversify your portfolio and enhance the overall returns. One of the most appealing aspects of investing in growth stocks is that you don’t need to make a large financial commitment to get started. In fact, with an investment as modest as $500, investors can tap into some of the top growth stocks in Canada. Against this background, here are four with strong growth prospects to buy and hold. ( ) is a top Canadian growth stock with promising potential. The company is strategically positioned to benefit from the surge in artificial intelligence (AI) investments, mainly through its focus on hardware platform solutions for AI/ML systems. As demand for customizable AI silicon grows, Celestica’s advanced networking switches, servers, and storage solutions are set to thrive, especially with rising data centre investments. Beyond AI, the recovery in the Advanced Technology Solutions sector, including aerospace, defence, and industrial markets, will likely accelerate its growth and diversify its revenue streams. Celestica is optimistic about growth in its Industrial and Smart Energy segments in 2025, fueled by increased demand. Overall, with strong prospects across multiple industries, Celestica is poised for sustained growth. Investors seeking high-quality growth stocks could also consider ( ) for its ability to consistently deliver sales and earnings growth at a double-digit rate and generate higher returns over time. Shares of this clothing retailer have risen over 92% this year. The momentum is poised to sustain and on the back of stellar growth in its financials. Notably, Aritzia’s top line has grown at a compound annual growth rate (CAGR) of 19% since fiscal 2016. At the same time, its bottom line increased at a CAGR of 13%. The company will likely continue to deliver stellar financials, thanks to its exclusive mix of fashion brands, wide product offerings, and improvement in the supply chain. Moreover, the company is expanding its store presence in prime retail spaces across Canada and the U.S., which will likely boost revenues, increase brand awareness, grow its customer base, and generate steady growth. Aritzia is also enhancing its omnichannel capabilities, improving operational efficiency, and reducing warehousing costs, which will likely boost its profitability and support its share price. ( ) is an to buy and hold. The financial services company is consistently growing its revenue and earnings at a double-digit rate. Thanks to its stellar financials, goeasy stock has gained substantially in value over the years and outperformed the Canadian benchmark index by a wide margin. Further, it has enhanced its shareholders’ value by increasing dividends for 10 consecutive years and has delivered a higher return on equity (ROE). The subprime lender will benefit from high-quality loan originations and solid credit performance, which will drive its top and bottom lines at a solid double-digit rate. Further, goeasy’s focus on credit adjustments, an improved product mix, and efficiency savings will enhance its margins and profitability. Thanks to its solid financials, goeasy will likely hike its future dividends, while its stock could deliver above-average returns. Moreover, the stock offers significant value near the current price levels and is trading cheap on valuation. ( ) is another compelling growth stock to buy now. This manufacturer of dry-type transformers and power-quality products is witnessing significant demand, led by advancements in AI and vehicle electrification. The company’s exposure to high-growth end markets such as data centers, electric vehicle (EV) charging, and renewable energy, as well as its established presence in industries like utilities, oil and gas, and mining, provide stability. Hammond’s focus on innovation, product expansion, and strategic acquisitions positions it for sustained growth. Further, with improved efficiency and a favourable product mix boosting profitability, Hammond Power is well-placed to enhance shareholder value and sustain its rally.
CHICAGO (AP) — N.J. Benson had 22 points and 17 rebounds in DePaul's 84-65 victory over Loyola Maryland on Saturday. Benson added 17 rebounds for the Blue Demons (9-4). Jacob Meyer added 12 points while shooting 4 for 11 (0 for 3 from 3-point range) and 4 of 4 from the free-throw line while they also had five rebounds. CJ Gunn went 4 of 11 from the field (1 for 5 from 3-point range) to finish with 11 points. The Greyhounds (5-6) were led in scoring by Jacob Theodosiou, who finished with 22 points. Milos Ilic added 13 points, six rebounds and two steals for Loyola (MD). Jordan Stiemke had 10 points. DePaul took the lead with 18:45 left in the first half and did not relinquish it. Benson led their team in scoring with 14 points in the first half to help put them up 44-26 at the break. DePaul extended its lead to 64-36 during the second half, fueled by an 8-0 scoring run. Isaiah Rivera scored a team-high 10 points in the second half as his team closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Why everyone fears India like the plagueNEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans . Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he'd let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. He said Carlsen's stand — which culminated in his quitting the tournament Friday — highlighted a need for more discussion “to ensure that our rules and their application reflect the evolving nature of chess as a global and accessible sport.” Carlsen, meanwhile, said in a video posted Sunday on social media that he would play — and wear jeans — in the World Blitz Championship when it begins Monday. “I think the situation was badly mishandled on their side,” the 34-year-old Norwegian grandmaster said. But he added that he loves playing blitz — a fast-paced form of chess — and wanted fans to be able to watch, and that he was encouraged by his discussions with the federation after Friday's showdown. “I think we sort of all want the same thing,” he suggested in the video on his Take Take Take chess app’s YouTube channel. “We want the players to be comfortable, sure, but also relatively presentable.” The events began when Carlsen wore jeans and a sportcoat Friday to the Rapid World Championship, which is separate from but held in conjunction with the blitz event. The chess federation said Friday that longstanding rules prohibit jeans at those tournaments, and players are lodged nearby to make sartorial switch-ups easy if needed. An official fined Carlsen $200 and asked him to change pants, but he refused and wasn't paired for a ninth-round game, the federation said at the time. The organization noted that another grandmaster, Ian Nepomniachtchi, was fined earlier in the day for wearing sports shoes, changed and continued to play. Carlsen has said that he offered to wear something else the next day, but officials were unyielding. He said “it became a bit of a matter of principle,” so he quit the rapid and blitz championships. In the video posted Sunday, he questioned whether he had indeed broken a rule and said changing clothes would have needlessly interrupted his concentration between games. He called the punishment “unbelievably harsh.” “Of course, I could have changed. Obviously, I didn’t want to,” he said, and “I stand by that.”
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