Top Canadian Stocks to Buy Right Now With $1,000

If you want to invest $1,000 wisely right now, two TSX stocks are strong year-end buys.

| More on:
Key Points
  • The TSX has rallied strongly in 2025, with broad sector momentum pushing year‑end buying opportunities—materials and clean energy look positioned to carry gains into 2026.
  • Top picks: Barrick Mining (TSX:ABX) — ~$51.53, ≈+134% YTD, Tier‑One gold (plus copper upside), strong Q3 earnings/FCF and a 25% boost to its base dividend; and Brookfield Renewable (TSX:BEP.UN) — ~$40.13, ≈+28% YTD, ~5.2% yield, long‑term PPAs and US$4.7B liquidity for predictable cash flows.
  • 5 stocks our experts like better than [Barrick Mining] >

The Toronto Stock Exchange is near the homestretch of 2025. Its chances of beating the 18% return in 2024 are high. Also, if the index posts a lower positive return, it would mark three consecutive winning years.

Stock prices have soared and the high flyers come from various sectors. Momentum is a factor heading into 2026. If you have $1,000 to invest right now, Canadian stocks are strong year-end buys.

Canada day banner background design of flag

Source: Getty Images

Tier One Gold Mines

The basic materials sector, which includes metal and mining stocks, ruled the TSX this year. Barrick Mining (TSX:ABX) stands out for its large market cap and superior asset quality. This $86.9 billion company owns and operates Tier One gold mines. An added value proposition is the visible growth potential of its copper projects.

At $51.53 per share, the year-to-date gain is 133.8% compared to the broad market’s 22% advance from year-end 2024. The basic materials sector is up 73%. This premier mining stock also pays a modest 1.9% dividend.

In Q3 and in the first three quarters of 2025, net earnings increased 61% and 125% year-over-year, respectively, to $1.3 billion and $2.6 billion. Free cash flow (FCF) in the three months ending September 30, 2025, climbed 274% to $1.5 billion versus Q3 2024. Year-to-date share buybacks reached $1 billion following the repurchase of $589 million worth of shares during the quarter.

Mark Hill, Barrick Mining’s group Chief Operating Officer and interim President and CEO, said, “Higher gold production combined with lower costs and strong commodity prices drove record cash flow for Barrick in Q3.” Because of strong cash flow generation, the Board has approved a 25% increase in the base quarterly dividend.

“Our portfolio of world-class assets continues to grow,” Hill added. “We are singularly focused on driving improved performance and shareholder value, particularly at our Tier Onegold assets in Nevada and the Dominican Republic.”

Barrick Mining is Canada’s 13th largest company by market cap and is the largest gold producer in the United States. It has operations and projects in 18 countries, on five continents. Market analysts believe the ‘gold rush’ in 2025 will continue next year due to economic uncertainty.

Clean Energy

Brookfield Renewable Partners (TSX:BEP.UN) is a clean energy supermajor. Performance-wise, the utility stock is up 28.4% year-to-date. If you invest today, the share price is $40.13 and the dividend yield is 5.2%.  The investment takeaways for this $11.4 billion renewable power company are its scale, diversification, massive development pipeline, and predictable cash flow growth.

Notably, the majority of its Power Purchase Agreements (PPAs) are long-term. With contracts lasting 15–20 years, expect the business to generate durable cash flows. Also, the PPAs are linked to inflation. According to its CEO, Connor Teskey, Brookfield Renewable continues to extend its leadership position in essential baseload power generation and grid-stabilizing technologies (hydro, nuclear, and energy storage).

In Q3 2025, net income reached US$42 million compared to the US$39 million net loss in Q3 2024. As of September 30, 2025, Brookfield Renewables’ available liquidity is US$4.7 billion.

Worth your money

Barrick Mining and Brookfield Renewable Partners deserve top billing on investors’ buy lists this year-end. The $1,000 you will spend today is worth it, whether you invest in one or both.

Fool contributor Christopher Liew has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Renewable Partners. The Motley Fool has a disclosure policy.

More on Dividend Stocks

customer fills up car with gasoline
Dividend Stocks

Oil Shock, Rate Decision Ahead: 3 TSX Stocks Built for Both

These stocks can hold up better when oil shocks and rate fears make markets choppy.

Read more »

Muscles Drawn On Black board
Dividend Stocks

Canadian Defensive Stocks to Buy Now for Stability

These Canadian defensive stocks are supported by fundamentally strong businesses, offering stability and growth in all market conditions.

Read more »

workers walk through an office building
Dividend Stocks

4 Canadian Stocks Worth Adding to Give Your TFSA a Fresh Direction

Shore up your self-directed TFSA portfolio by adding these four TSX stocks to your radar because the underlying businesses are…

Read more »

A meter measures energy use.
Dividend Stocks

2 Canadian Utility Stocks That Could Be Headed for a Strong 2026

Two Canadian utility stocks are likely to sustain their upward momentum and finish strong in 2026.

Read more »

tree rings show growth patience passage of time
Dividend Stocks

2 Canadian Lumber Stocks to Watch Right Now

These lumber stocks could benefit from stable demand in construction and infrastructure.

Read more »

hand stacks coins
Dividend Stocks

How Splitting $30,000 Across 3 TSX Stocks Could Generate $1,315 in Dividend Income

Learn how to build a dividend income portfolio that provides regular earnings even during tough times.

Read more »

Woman checking her computer and holding coffee cup
Dividend Stocks

2 No-Brainer Dividend Stocks to Buy Hand Over Fist

These two dividend stocks are ideal buys in this uncertain outlook.

Read more »

shoppers in an indoor mall
Dividend Stocks

1 High-Yield Dividend Stock You Can Buy and Hold for a Decade of Income

This high-yield dividend stock has durable payout, offers high yield, and is well-positioned to sustain its monthly distributions.

Read more »