The TSX appears poised to close 2025 in a strong position. The market is up nearly 30%, led by big tech, banks, and the energy sector. Other notable mentions include some of the shining stars from the retail sector. For investors, these top-performing stocks hold plenty of promise into 2026 as well.
Here’s a look at some of those top-performing stocks of 2025, and why they still belong in your portfolio for 2026.
Big bank = Big income
The first of those top-performing stocks for investors to consider is Toronto-Dominion Bank (TSX:TD). TD is the second-largest of the big bank stocks and a standout option for any long-term investor.
As of the time of writing, TD has posted gains of over 65% year-to-date. That phenomenal return makes the bank one of the top-performing stocks on the market. There are a few reasons for that view.
First, TD offers a robust diversified business that includes both a strong domestic segment and a growing international arm. That international segment is focused on the U.S. market, where TD’s footprint extends from Maine to Florida.
This provides the bank with a diversified stream of revenue that leaves room for further growth investments and its impressive quarterly dividend. That dividend, which TD has paid without fail for over 160 years, currently boasts a yield of 3.3%.
The bank also provided investors with a recent uptick in that yield, continuing an annual tradition that extends over a decade.
Factor in a robust economy that now has lower recession odds, and TD emerges as one of the top-performing stocks with plenty of long-term appeal.
Energy infrastructure can provide recurring income
The next of the top-performing stocks of 2025 for consideration is Enbridge (TSX:ENB). Enbridge is one of the largest energy infrastructure companies on the continent. The company operates a vast pipeline network, a growing renewable energy portfolio, and a natural gas utility.
The pipeline business, which comprises both natural gas and crude oil segments, generates the bulk of Enbridge’s revenue. Even better, the segments generate revenue from a passive transport model that is similar to how a toll road works.
In other words, irrespective of how the volatile price of oil moves, Enbridge’s pipeline business generates a recurring revenue stream. That stability applies to Enbridge’s other segments.
The renewable energy operation, which boasts approximately 40 facilities in Europe and North America, is bound by long-term regulated contracts. The natural gas utility has a similar regulated contract setup, generating a reliable, recurring revenue stream.
Across all segments, Enbridge generates ample revenue to invest in growth from its multi-billion-dollar project backlog and pay out its generous quarterly dividend.
As of the time of writing, that dividend pays a 6% yield. The company has also amassed over 30 consecutive years of paying dividends, making it one of the top-performing stocks of 2025.
This retailer provides supercharged growth
A third pick for investors seeking the top-performing stocks of 2025 is Dollarama (TSX:DOL). Dollarama is the largest dollar-store operator in Canada, with over 1,500 stores located across the country in every province.
Dollarama has also expanded in recent years on the international stage. The company operates a growing network of stores in Latin America under the Dollar City name. Dollarama also recently entered the Australian market through the acquisition of the Reject Shop.
Dollarama plans to continue an aggressive growth focus in both international markets.
Over the course of 2025, Dollarama has seen its stock price surge by over 46%.
Given the amount of market volatility and uncertainty, growth is likely to continue in 2026. That’s because during periods of volatility or pullbacks, customers seek out more value-focused options like Dollarama.
That bump extends to cover holiday periods as well as during recessions, as price-conscious customers seek the lower prices that Dollarama offers.
In other words, Dollarama is a superb long-term growth pick with significant defensive appeal and one of the top-performing stocks of 2025.
Final thoughts on the top-performing stocks
No stock is without risk, and that includes the trio of stocks mentioned above. Fortunately, Dollarama, Enbridge, and TD Bank offer investors a unique mix of defensive appeal: strong growth, reliable earnings, and income potential.
This makes them some of, if not the top-performing stocks of 2025.
