Supercharge Your 2025: 3 TSX Growth Leaders Ready to Rise

These three TSX growth stocks have the potential to sustain their strong upward momentum in 2025.

| More on:
A plant grows from coins.

Source: Getty Images

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

The TSX Composite Index jumped by 18% in 2024, posting its best performance in three years. Declining interest rates, better-than-expected economic conditions, and prospects of improved corporate earnings led to this surge in the stock market. Considering these factors, it could be the right time for long-term investors to focus on high-quality TSX growth stocks that could benefit from a favourable economic environment in 2025.

In this article, I’ll highlight three such TSX growth stocks that not only ended 2024 on a strong footing but are also well-positioned to sustain their momentum in 2025.

Bombardier stock

Bombardier (TSX:BBD.B) soared by 83.7% in 2024, posting a four-year winning streak. With this, the shares of the Dorval-headquartered business jet manufacturer currently trade at $99.74 per share with a market cap of $9.9 billion.

In the third quarter of 2024, Bombardier’s total revenue rose 11.7% YoY (year over year) to US$2.1 billion. This growth was largely driven by a record $528 million contribution from its aftermarket services segment, which saw a 28% YoY increase. The company also delivered 30 aircraft during the quarter, keeping its unit book-to-bill ratio steady at one and maintaining a robust backlog of $14.7 billion.

Besides increasing its production capabilities and investing in its service network, Bombardier is also focusing on operational efficiencies, which are likely to improve its profitability further and drive its share prices higher.

Created with Highcharts 11.4.3Bombardier + Shopify + Gildan Activewear PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.ca

Shopify stock

After climbing by 48.3% last year, Shopify (TSX:SHOP) stock has already seen a 7% increase in the first few sessions of 2025. With this, it currently trades at $163.67 per share with a market cap of $211.5 billion.

After facing a temporary slowdown in 2022, Shopify is continuing to post strong financial growth year after year. In the quarter that ended in September 2024, the Canadian e-commerce platform giant delivered a solid 26.1% YoY revenue growth of US$2.2 billion. Notably, its free cash flow margin expanded to 19%, marking the company’s sixth consecutive quarter of over 25% revenue growth, excluding logistics. This clearly reflects Shopify’s ability to deliver robust growth despite macroeconomic challenges while maintaining operational discipline.

As the company continues to focus on making its unified commerce platform with investments in artificial intelligence and advanced machine tools, SHOP stock could continue to surge in the coming years.

Gildan Activewear stock

Gildan Activewear (TSX:GIL), the Montréal-based apparel manufacturer, jumped by 54.4% in 2024 as strong demand for its products continued to strengthen its financials. It currently trades at $67.49 per share with a market cap of $10.3 billion.

Gildan recently reported record third-quarter net sales of $891 million, reflecting a 2.4% YoY increase, with activewear segment sales alone surging by 6% from a year ago. In the latest quarter, its gross margin also expanded by 370 basis points to 31.2% with the help of lower raw material and manufacturing costs.

As Gildan continues to innovate with products like its soft cotton technology and expand globally, its strong fundamentals position it for another winning year in 2025, making it an attractive stock to consider for growth investors.

Should you invest $1,000 in Bombardier right now?

Before you buy stock in Bombardier, 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 Bombardier 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 $20,697.16!*

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 29 percentage points since 2013*.

See the Top Stocks * Returns as of 3/20/25

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 Jitendra Parashar has positions in Shopify. The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends Gildan Activewear. The Motley Fool has a disclosure policy.

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 Stocks for Beginners

An investor uses a tablet
Stocks for Beginners

The Smartest Canadian Stock to Buy With $250 Right Now

Are you looking for the smartest Canadian stock to buy right now? Consider this gem and avoid market volatility.

Read more »

A train passes Morant's curve in Banff National Park in the Canadian Rockies.
Dividend Stocks

1 Practically Perfect Canadian Stock Down 24% to Buy Now and Hold for Life!

CNR stock is a top Canadian stock for investors, especially with shares down on the TSX today.

Read more »

Canada national flag waving in wind on clear day
Dividend Stocks

The Best Canadian Stocks to Buy Right Away With $30,000

If you have $30,000 you're willing to invest, these are some of the first Canadian stocks to consider on your…

Read more »

rail train
Dividend Stocks

What to Know About Canadian Pacific Railway Stock for 2025

CP stock has now gone through a major merger, so what do investors have to look forward to?

Read more »

Paper Canadian currency of various denominations
Stocks for Beginners

2 Canadian Value Stocks for 2025

There's a fair bit to consider when looking at value stocks, so let's look at two that fit the bill.

Read more »

data analyze research
Stocks for Beginners

Smart Money’s Playbook for the Current Market Dip

This market dip might be worrying investors, so don't worry with these two stocks.

Read more »

Canada day banner background design of flag
Tech Stocks

The Top Canadian Stock to Buy With $5,000 in 2025

There are few Canadian stocks out there that offer the outlook of this tech stock, bound for more growth.

Read more »

Cannabis business and marijuana industry concept as the shadow of a dollar sign on a group of leaves
Stocks for Beginners

Buy the Dip Before It’s Too Late: This Canadian Stock Won’t Stay Cheap Forever

Investors might think that cannabis stocks are out, but this one could be the top Canadian stock to consider.

Read more »