3 Top Growth Picks for the Holiday Season

Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) is one of several compelling investment options on the market today that can appeal to growth-seeking investors.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s premium investing services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

I recently mentioned several compelling income-producing investments to consider for the holidays, but not all investors are looking for dividend income. There are those of us that look primarily for growth. For those investors, there is an equally encouraging number of investment options to consider in time for the holiday season. Here are three such options to consider now.

Rogers Communications (TSX:RCI.B)(NYSE:RCI) is one of the largest telecoms in the country, and with that classifications comes the incredible opportunity in the form of the growing reliance on wireless. As we move to do m0re of our daily functions online, the opportunity for telecoms to offer us more data at a higher price point becomes more and more evident.

Unlike other carriers, however, Rogers real opportunity comes in the form of growth, not dividends. That’s not to say that the 2.73% yield offered by Rogers isn’t appreciated, it’s just that if investors are looking for an income-producing telecom, there are other more lucrative options to consider. Rogers growth opportunity comes from two different segments at the company.

The first comes from Rogers lucrative mobile offering. I mentioned above the growing importance of a mobile data connection in our lives, and Rogers knows this. The company has been aggressively pushing to increase the number of subscribers to its mobile offering, and in the most recent quarter, those numbers reached their best levels in nearly a decade.

The other area of growth comes from Rogers’ highly-anticipated IPTV product that’s finally rolling out after much hype. This should not only slow the bleeding from the cord-cutting trend seen across all telecoms, but the new product from Rogers is being highly touted as a revolutionary new product that should see growth over the next year.

Another interesting investment worth considering for the holidays is Shopify (TSX:SHOP)(NYSE:SHOP). Most of us have interacted with, or have been seen Shopify’s industry-leading modular sales platform on at least a few occasions over the past few years. In many respects, Shopify has become the preferred online commerce platform of startups and leading companies alike.

In terms of market share, Shopify proudly boasts billions in purchases traversing its platform that is installed on millions of websites worldwide. What’s appealing about the platform is its modular scalability and quick setup, which allows most online storefronts to be set up in a fraction of the time that traditional development resources required.

Given the incredible take-off relating to e-commerce website over the past few years, Shopify’s current growth, as incredible as it sounds, could still be a drop in the bucket in terms of full potential.

Rounding out the third growth-focused investment is another tech stock, Stars Group (TSX:TSGI)(NASDAQ:TSG). The software company is focused on providing online card and casino games to the growing number of jurisdictions around the world that allow online gambling. As taboo as it may sound to some, online gambling through a series of card and casino games that can be made available to mobile-wielding players globally is a massive opportunity that is only just beginning to materialize.

If that weren’t enough, the Stars Group also recently completed a series of acquisitions in both the U.K and Australia that have cleared the path for the company to become one of the largest players in the online gaming market in the world. As more jurisdictions embrace the Stars Group’s business (and the taxes it can generate), the company will continue to expand and revenues will continue to grow.

In short, buy it and forget about it.

Should you invest $1,000 in Rogers Communications right now?

Before you buy stock in Rogers Communications, consider this:

The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Rogers Communications wasn’t one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years.

Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have $21,058.57!*

Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 38 percentage points since 2013*.

See the Top Stocks * Returns as of 2/20/25

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

Fool contributor Demetris Afxentiou has no position in any of the stocks mentioned. Tom Gardner owns shares of Shopify. The Motley Fool owns shares of Shopify and Shopify. Shopify and Rogers Communications are recommendations of Stock Advisor Canada.

Confidently Navigate Market Volatility: Claim Your Free Report!

Feeling uneasy about the ups and downs of the stock market lately? You’re not alone. At The Motley Fool Canada, we get it — and we’re here to help. We’ve crafted an essential guide designed to help you through these uncertain times: "5-Step Checklist: How to Prepare Your Portfolio for Volatility."

Don't miss out on this opportunity for peace of mind. Just click below to learn how to receive your complimentary report today!

Get Our Free Report Today

More on Investing

Paper Canadian currency of various denominations
Dividend Stocks

Here’s How Many Shares of ZMI You Should Own to Get $500 in Monthly Dividends

This BMO monthly income ETF is diversified and easy to understand.

Read more »

tsx today
Stock Market

TSX Today: What to Watch for in Stocks on Wednesday, March 19

The U.S. Federal Reserve’s interest rate decision, press conference, and economic projections will remain on TSX investors’ radar today.

Read more »

Rocket lift off through the clouds
Tech Stocks

Plummet or Opportunity? Why This TSX Stock Could Skyrocket From Here

This TSX stock may be down for now, but don't count it out as a solid long-term growth opportunity.

Read more »

dividends can compound over time
Dividend Stocks

Tariff Risks Are Rising: Here’s How to Stay Ahead as an Investor

Are you worried about tariffs? Worry no more and protect yourself with these three stocks offering protection.

Read more »

investor looks at volatility chart
Dividend Stocks

Market Correction: 3 Canadian Stocks to Buy Before Prices Rebound

These three Canadian stocks certainly offer a lot to investors, such as stability and value, but growth is definitely in…

Read more »

trends graph charts data over time
Tech Stocks

Buy the Dip: 2 Top TSX Stocks You Can Hold Forever

Canadian investors with a sizeable risk appetite should consider holding TSX stocks such as Shopify to benefit from outsized gains.

Read more »

a person prepares to fight by taping their knuckles
Dividend Stocks

Tariff Trouble: How Canadian Investors Can Protect Their Portfolios

Canadian investors can protect themselves against Trump tariffs through diversification.

Read more »

Electricity transmission towers with orange glowing wires against night sky
Energy Stocks

Where Will Fortis Stock Be in 5 Years?

Where Fortis stock will be in 2030 depends on how the market is performing at the time, but it certainly…

Read more »