Invest in These 3 Unstoppable Canadian Stocks for the Next Decade

Looking for some Canadian stocks that could continue an unstoppable upward trajectory? Here are three to look at for 2025.

| More on:
Canada day banner background design of flag

Source: Getty Images

One of the best ways to find a winning Canadian stock for the future is to find a stock that has won in the past. Companies that have demonstrated a track record of creating value for shareholders are likely to keep doing that in the future.

Look for Canadian stocks with strong balance sheets, long-term managers, great execution, a smart strategy, and high-quality products/services. Hold these winning companies for the long run and you can do exceptionally well. Here are three unstoppable Canadian stocks to keep holding for the next decade.

An industrial compounder with an excellent record

TerraVest Industries (TSX:TVK) is a mid-cap Canadian stock that has created life-changing value for shareholders. Its stock has earned an 836% total return in the past five years. While it has had very strong momentum, this $2.4 billion stock could still have more upside.

TerraVest acquires extremely mundane manufacturing and industrial businesses. These include specialized tanks, trailers, energy and water services, and boiler/HVAC companies. These are not exciting businesses.

The magic is in how TerraVest allocates capital, efficiently operates its businesses, and uses scale to maximize profits and cash flows. The company still has many targets it can acquire.

With a young, highly intelligent CEO and an invested executive team, this Canadian stock could still have many good years ahead.

A Canadian software stock stacked for growth

Descartes Systems Group (TSX:DSG) has been a steady compounder for a decade or more. Its stock is up 178% in the past five years and 846% in the past 10 years. This stock is by no means cheap after a 38% rise in 2024.

DSG trades with an enterprise value-to-EBITDA (earnings before interest, tax, depreciation, and amortization) ratio of 30 times. However, the company is well-positioned for the year ahead.

The global trade environment is about to be further disrupted by U.S. tariffs. That just means suppliers, shippers, and logistics providers are going to really need Descartes’ innovative routing, compliance, and networking solutions.

The company has done a great job of regularly growing earnings and cash flows by a mid-teens rate. This Canadian stock has a cash-rich balance sheet it can use to acquire market-expanding software companies. If this stock pulls back at all in 2025, it would be a good stock to add for a long-term hold.

A Canadian software stock operating globally

Another stock ready to charge forward is Topicus.com (TSXV:TOI). This tech stock is one of Canada’s hidden gems. Despite an $11 billion market cap, not many Canadians have heard of this company.

That is because it operates mainly in Europe. However, many Canadian investors will have heard of its parent company, Constellation Software. Topicus is completing a similar serial acquisition strategy of small, specialized software businesses.

What makes it unique is that Topicus also has a strong software development platform. It has supported mid-to-high single-digit organic growth. In 2025, the Topicus acquisition engine has been revving.

It has already made five acquisitions and one of those is a substantial software provider in Belgium. This Canadian stock is just getting going. With a strong balance sheet, an excellent management team, and a smart strategy, this is a promising stock for the decade ahead.

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 Robin Brown has positions in Constellation Software, Descartes Systems Group, TerraVest Industries, and Topicus.com. The Motley Fool has positions in and recommends Topicus.com. The Motley Fool recommends Constellation Software, Descartes Systems Group, and TerraVest Industries. The Motley Fool has a disclosure policy.

More on Tech Stocks

bulb idea thinking
Tech Stocks

The Smartest Canadian Stock to Buy With $1,000 Right Now

Strong financials, booming demand for its services, and an expanding presence in AI and cloud computing hardware make Celestica the…

Read more »

doctor uses telehealth
Tech Stocks

3 Tech Stocks I’m Looking to Buy in February

These tech stocks will deliver solid gains driven by the deployment of AI and investments in omnichannel commerce and digital…

Read more »

Burning semiconductor CPU
Tech Stocks

Is AMD in Trouble After Wednesday’s Stock Drop?

Shares took a painful hit after the chip designer's fourth-quarter report.

Read more »

An investor uses a tablet
Tech Stocks

If I Could Only Buy and Hold a Single Stock, This Would Be it

Despite more than doubling in value over the last six months, I still find BlackBerry stock undervalued based on its…

Read more »

chip with the letters "AI" on it
Tech Stocks

Celestica Stock Trading at All-Time High: What’s Next?

Celestica stock is beating Nvidia, surging 1,358% since October 2022. Today, it is trading at its all-time high. Is there…

Read more »

dividend growth for passive income
Tech Stocks

2 Growth Stocks That Could Turn $10,000 Into $24,800 by 2030

These resilient growth stocks could grow your money.

Read more »

Credit card, online shopping, retail
Tech Stocks

Where Will Shopify Shares Be in 5 Years?

In addition to Shopify’s consistently growing sales and expanding profit margins, its focus on long-term growth initiatives could help its…

Read more »

money goes up and down in balance
Tech Stocks

2 TSX Stocks to Buy and 2 to Avoid in the Looming Trade War

The looming U.S.-Canada trade war has changed the business environment. Here are some TSX stocks to buy and avoid in…

Read more »