Investors looking to create significant wealth over time could consider high-quality TSX stocks with fundamentally strong businesses and significant growth potential. Moreover, one doesn’t need a significant sum to start investing. With as little as $300, you can begin acquiring shares in companies poised for long-term success. Consistent and regular investment and a long-term holding strategy are key to maximizing returns.
In this context, stocks like Brookfield Asset Management (TSX:BAM), Bird Construction (TSX:BDT), and Celestica (TSX:CLS) look well-positioned to deliver solid growth and above-average returns. Let’s take a closer look at these Canadian companies.
Brookfield Asset Management stock
Brookfield Asset Management is a compelling long-term stock. Its diverse portfolio of premier assets, exposure to high-growth sectors, and investments in high-quality businesses position it well to deliver solid growth.
Brookfield has significantly expanded its investment capacity, which positions the company well to generate solid revenues and healthy profit margins. With a stronger capital base, Brookfield is also in a better position to return value to shareholders. Reflecting this commitment, the company recently boosted its annual dividend by 15%, bringing the payout to $1.75 per share.
Looking ahead, Brookfield is well-positioned to benefit from secular trends in infrastructure and technology. Its investments in fast-growing areas like data centres, telecom towers, fibre networks, and green energy offer strong potential for sustainable growth. Additionally, the firm’s ongoing push into the private credit market will likely enhance its long-term earnings trajectory.
With a strong capital base and a focus on sectors poised for rapid expansion, Brookfield Asset Management is set to deliver solid capital gains and income in the long run.
Bird Construction stock
Bird Construction is a solid long-term stock to create significant wealth. The company is well-positioned to benefit from higher organic sales and improving margins, driven by a robust pipeline of projects. Over the years, Bird has strategically expanded its footprint across the country through a series of acquisitions. This has diversified its service offerings.
Financially, Bird stands on solid ground. Its strong balance sheet and ample liquidity provide the flexibility to navigate market cycles and capitalize on growth opportunities. Bird Construction has a disciplined capital allocation approach, balancing shareholder returns through regular dividends with investments in organic expansion and strategic M&A activity.
Looking ahead, Bird is likely to benefit from its $7.6 billion project backlog. Many of Bird’s contracts are designed to shield the company from cost volatility, providing a layer of resilience amid broader economic uncertainties. The company can manage tariff-related risks well by transferring higher costs to subcontractors or incorporating flexible terms into client agreements.
With its steady cash flows, a growing base of recurring revenue, and strategic positioning in infrastructure and maintenance services, Bird Construction can deliver solid returns in the long term.
Celestica stock
Investors looking for explosive stocks could consider adding Celestica stock, which is poised to benefit from exposure to the booming artificial intelligence (AI) sector. This leading manufacturing, hardware platform, and supply chain solutions provider benefits from surging investment in AI data centre infrastructure.
The company is seeing solid demand for its networking products from Hyperscaler customers within the company’s Hardware Platform Solutions (HPS) business, which will likely boost its revenues. Also, Celestica’s 400G networking switches are already in demand, and the ramp-up of its next-generation 800G switches will further accelerate growth.
With the rise in AI adoption and a decline in training costs, demand for networking hardware will likely rise, driving Celestica’s financials. Furthermore, the recovery in its industrial business and ongoing strength in the capital equipment and aerospace and defence businesses position it well to deliver solid long-term gains.
