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

combine machine works the farm harvest
Dividend Stocks

2 Strong Stocks Worth Putting Your $7,000 TFSA Contribution Into in 2026

Here are two top stocks that could be smart picks for your 2026 TFSA contribution.

Read more »

pumpjack on prairie in alberta canada
Dividend Stocks

How to Build a $50,000 TFSA That Pays You Consistently

These two monthly-paying dividend stocks are ideal for your TFSA to boost your tax-free passive income.

Read more »

Pumps await a car for fueling at a gas and diesel station.
Dividend Stocks

This Canadian Dividend Stock Dropped 6.8% – Here’s Why I’d Buy It Anyway

Gas station company Alimentation Couche-Tard (TSX:ATD) has crashed 6.8% during a fuel bull market.

Read more »

concept of real estate evaluation
Dividend Stocks

A High-Yield Income ETF Yielding 4.6% That Probably Belongs in Your Portfolio

Here's why this reliable, high-yield Canadian ETF is one of the top picks for passive income seekers today.

Read more »

a person watches stock market trades
Dividend Stocks

4 TSX Dividend Stocks That Retirees Might Want on Their Radar

These four well-established businesses with an excellent track record of dividend payouts are ideal for retirees.

Read more »

boy in bowtie and glasses gives positive thumbs up
Dividend Stocks

2 Blue-Chip Dividend Stocks Canadians Might Want to Own

These blue-chip Canadian stocks offer stability, income, and long-term upside.

Read more »

jar with coins and plant
Dividend Stocks

How to Structure a $50,000 TFSA to Generate Consistent, Ongoing Income

Here's how you can build a reliable and consistently growing passive income stream in your TFSA with high-quality Canadian stocks.

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

Want Decades of Passive Income? Buy This ETF and Hold It Forever

This Vanguard Canadian dividend ETF pays monthly and has actually managed to beat the market.

Read more »