As the TSX Breaks Higher, These Canadian Stocks Look Poised to Win in 2026

Three Canadian stocks with high-velocity growth potential could be among TSX’s winning investments in 2026.

| More on:
Key Points
  • With the TSX closing 2025 near 30,000, Bombardier (TSX:BBD.B), Avino Silver & Gold (TSX:ASM), and Firan Technology (TSX:FTG) stand out as top buy candidates after massive 2025 outperformance.
  • Each has a clear catalyst: Bombardier cut long‑term debt and holds a US$16.6B order backlog; Avino is debt‑free with huge operating and net‑income gains (~571% YTD); and Firan shows strong orders, rising earnings and meaningful analyst upside.
  • 5 stocks our experts like better than [Bombardier] >

The TSX is sure to finish 2025 above 30,000, the highest close over the last 10 years. Many market analysts are convinced that Canada’s primary stock market will do better next year and break more records.

If you’re scouting for potential winners, two TSX30 members and a fast-rising tech stock should be on your buy list today. Bombardier (TSX:BBD.B), Avino Silver & Gold Mines (TSX:ASM), and Firan Technology (TSX:FTG) can reward you with massive gains in 2026 like they did this year.   

top TSX stocks to buy

Source: Getty Images

Three-time TSX30 winner

Business jet maker Bombardier is a TSX30 winner for three consecutive years. The industrial stock ranked 13th in 2023 and 2024, then took 9th spot in 2025. BBD.B made the list this year owing to 514%-plus dividend-adjusted share price performance over a three-year period.

As of this writing, the share price is $220.09, a 125.2% surge from year-end 2024. On December 17, 2025, the $22 billion company announced that it had reduced long-term debt by $500 million since December 2020, resulting in more than $409 million in annualized interest cost savings.

According to Bart Demosky, Bombardier’s Executive Vice President and Chief Financial Officer, debt reduction is a priority to strengthen liquidity. More importantly, the immediate future is promising, given the $16.6 billion order backlog at the end of Q3 2025. The most recent award is a $753 million contract to deliver six Global 6500 aircraft for the Royal Canadian Air Force.

Strong income-generation

Avino ranked fifth among the top 30 TSX stocks in 2025. At $8.45 per share, the year-to-date gain is a mouth-watering 570.6%. Had you invested $7,000 at year-end 2024, your money would be worth $46,944.44 today.

In addition to operating the silver-gold-copper-producing Avino mine in Mexico, the $1.3 billion company maintains a diversified pipeline of exploration properties for gold, silver, and base metals. Management believes that Amino has a clear path to transformational growth over the next five years.  

In the first three quarters of 2025, mine operating income and net income climbed 141% and 438% year-over-year, respectively, to US$30.7 million and US$16.2 million. Avino is a compelling investment opportunity in the top-performing basic materials sector because of its income-generating potential and debt-free status.

Top-performing tech/aerospace stock

Firan Technology’s 471%-plus three-year total return is mighty impressive. If the momentum carries over into 2026, FTG could be added to the TSX30 List. At $11.42 per share, current investors enjoy a market-beating 56.7% year-to-date gain. The market analysts’ 12-month average price target is $15.67, a 37% potential upside.

The $289.5 million Canadian technology and aerospace company is a specialized manufacturer of printed circuit boards (PCBs) and cockpit products. Its President and CEO, Brad Bourne, said there is robust end-market demand from Firan’s market segments (FTG Circuits and FTG Aerospace). Operational improvements are also underway to support the demand.

He added that Firan has a strong foundation for continued growth following its latest earnings results. In the first three quarters of 2025, net earnings rose 47.9% year-over-year to $9.4 billion. The order backlog at the end of Q3 stood at $137.1 million.

High velocity growth

The high-velocity growth potential of Bombardier, Firan Technology, and Avino stems from their operational success and sector-specific tailwinds. All three stocks are potential multi-baggers in 2026 and beyond.

Fool contributor Christopher Liew has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Firan Technology Group. The Motley Fool has a disclosure policy.

More on Tech Stocks

man looks worried about something on his phone
Dividend Stocks

The Market Has Punished This Dividend Giant Enough: I’d Buy Before Sentiment Turns

BCE’s dividend cut scared investors away, but the smaller payout may now be safer and leave room to repair the…

Read more »

Data center woman holding laptop
Dividend Stocks

Canada’s Data-Centre Buildout Has Already Begun: These Stocks Could Be Next

Canada’s AI data-centre buildout is creating investable demand for electricity and electrical equipment, not just chips.

Read more »

dividends grow over time
Tech Stocks

If You Missed Shopify’s First Run, Don’t Ignore These 2 Canadian Growth Stocks

Two Canadian growth stocks may be building the kind of compounding “flywheel” that once made Shopify a legend.

Read more »

technology moves fast
Tech Stocks

This Stock Is Still Deep in the Red, but the Business Has Already Turned

Lightspeed’s stock is still down 90% from its peak, but the business is starting to look like a real turnaround.

Read more »

young adult uses credit card to shop online
Tech Stocks

A $7,000 TFSA Contribution Could Become $70,000: Here’s Why I’d Invest It Now

Waiting for the “perfect” TFSA buying moment can cost you years of compounding, especially with a long-run growth stock like…

Read more »

chip glows with a blue AI
Tech Stocks

Celestica by the Numbers: 62% Revenue Growth and Real Strong Margins

Celestica (TSX:CLS) is growing fast and its recent dip might not signal the end.

Read more »

A worker gives a business presentation.
Dividend Stocks

Your Dividend Income Is Falling Behind Inflation: Here’s How I’d Fix It

Inflation quietly cuts the spending power of “steady” dividends, so income investors need dividend growth, not just yield.

Read more »

3 colorful arrows racing straight up on a black background.
Dividend Stocks

Got $1,000? I’d Buy These 2 Dividend Stocks Before the Next TSX Rally

Even with the TSX near records, two high-yield dividend stocks are still beaten up enough to offer contrarian income.

Read more »