3 TSX Stocks Under $30 That Could Skyrocket

These TSX stocks are trading under $30 and could skyrocket due to their solid long-term growth prospects and strong demand.

| More on:
Key Points
  • Canadian investors can start investing in high-quality TSX stocks with as little as $30, making long-term investing accessible even with limited capital.
  • Investors should focus on TSX stocks backed by durable business models, strong balance sheets, and a growing earnings base.
  • These TSX stocks are trading under $30, have solid fundamentals, and significant growth potential.

Canadians do not need a large amount of capital to start investing in high-quality TSX stocks. In fact, with as little as $30, investors can gain exposure to some of Canada’s most promising businesses with attractive long-term growth prospects.

That said, a low share price alone should never be the primary reason to invest. While affordability can make a stock more accessible, it does not automatically translate into value or future returns. Notably, companies with solid fundamentals, strong balance sheets, the ability to generate profitable growth, and solid management teams are far better positioned to create long-term shareholder value.

Against this backdrop, here are three TSX stocks trading below $30 with solid underlying fundamentals and significant growth potential.

rising arrow with flames

Source: Getty Images

Under-$30 Stocks #1: SECURE Waste Infrastructure

Shares of SECURE Waste Infrastructure (TSX:SES) are a compelling long-term investment. The recent weakness in SECURE stock largely reflects softer commodity prices and broader economic uncertainty. Its fundamentals remain strong. As a result, the pullback creates a buying opportunity for investors with a longer time horizon.

SECURE operates a diversified portfolio of energy and waste infrastructure assets that generate stable, predictable cash flow. Much of its revenue stems from ongoing production and industrial activity rather than from drilling cycles, helping reduce exposure to commodity volatility. Moreover, its efficiency initiatives and disciplined cost control further support margins.

With major projects nearing completion, new growth initiatives ramping up, and Canadian oil and gas production holding steady, SECURE’s long-term outlook remains constructive. Further, the expected recovery in the metals recycling business in 2026 could provide support to its stock in the near term.

Under-$30 Stocks #2: CES Energy

CES Energy (TSX: CEU) is an attractive TSX stock to buy under $30. The company specializes in advanced chemical solutions used across the oil and gas production cycle, helping operators improve efficiency while protecting critical assets.

The growth outlook for CES Energy remains favourable. Continued upstream activity, rising demand for more sophisticated chemical applications, and increasing service intensity should support long-term expansion. The company’s vertically integrated model, extensive infrastructure, and efficient procurement provide a competitive edge as industry needs evolve.

Equally important is CES Energy’s capital-light business model. It supports steady free cash flow generation, allowing the company to reinvest in growth without straining the balance sheet. With predominantly U.S.-based revenue and an integrated North American footprint, CES is relatively well-positioned to navigate market volatility and deliver strong returns over time.

Under-$30 Stocks #3: 5N Plus

5N Plus (TSX:VNP) is a top growth stock to buy under $30. The company focuses on advanced semiconductors and high-performance materials with applications in fast-growing sectors such as renewable energy systems, space and satellite technology, and pharmaceuticals. Notably, as global spending on clean energy, space, and advanced healthcare accelerates, demand for 5N Plus’s specialized materials is expected to increase steadily.

While 5N Plus stock has appreciated significantly, the company’s strong growth outlook suggests further upside. Strong momentum in renewable energy projects, along with increasing interest in space-based solar power, is expected to support continued expansion in the company’s Specialty Semiconductors segment. In addition, a recently expanded supply agreement with a major customer should translate into higher shipment volumes, supporting revenue growth in the periods ahead.

Further, 5N Plus’s position as a leading supplier of high-purity materials outside of China adds strength. As global manufacturers seek to diversify supply chains and reduce geopolitical risk, this strategic advantage enhances the company’s relevance and long-term competitiveness.

Overall, 5N Plus is an attractive stock to buy under $30.

Fool contributor Sneha Nahata has no position in any of the stocks mentioned. The Motley Fool recommends Ces Energy Solutions and Secure Waste Infrastructure Corp. The Motley Fool has a disclosure policy.

More on Investing

A lake in the shape of a solar, wind and energy storage system in the middle of a lush forest as a metaphor for the concept of clean and organic renewable energy.
Dividend Stocks

1 Canadian Dividend Stock Down 12% to Buy and Hold Forever

The pullback has created an attractive entry point for investors seeking a high-quality dividend stock with an over 4.6% yield.

Read more »

a man celebrates his good fortune with a disco ball and confetti
Stocks for Beginners

Where Will Scotiabank Stock Be in 3 Years?

BNS could look like a “turnaround dividend bank” now, but a “credible total-return bank” by 2029 if returns keep improving.

Read more »

Oil industry worker works in oilfield
Dividend Stocks

A TFSA Dividend Stock Yielding Close to 8%, With Cash Flow That Keeps Climbing

This TFSA dividend stock pays investors monthly cash flow, trades below its true value, and just posted record production. Here's…

Read more »

chip glows with a blue AI
Tech Stocks

How Your 2026 TFSA Contribution Could Grow to $280,000 or More

Backed by strong long-term growth prospects, these two stocks have the potential to deliver multiple-fold returns, helping TFSA investors create…

Read more »

Couple working on laptops at home and fist bumping
Energy Stocks

2 Canadian Dividend Stocks That Look Reasonably Priced Right Now

These energy sector stocks have increased their dividends annually for decades.

Read more »

groceries get more expensive as inflation rises
Investing

2 Canadian Stocks That Could Win if Inflation Stays Hot

Barrick Gold (TSX:ABX) and another value play that can win in inflationary times.

Read more »

c
Dividend Stocks

The $109,000 TFSA Benchmark: Here’s How to See Where You Stand

A $109,000 TFSA limit is a useful benchmark, and Waste Connections is the kind of “boring” compounder that can help…

Read more »

woman holding steering wheel is nervous about the future
Dividend Stocks

A Dividend Stock to Buy and Hold Through Market Volatility

This stock has historically been a good pick to ride out economic turbulence.

Read more »