Growth, Value, Dividends: 1 Canadian Stock in Each Category to Buy Immediately

If you’re building a balanced portfolio in 2026, these three Canadian stocks are worth considering.

| More on:
Key Points
  • BlackBerry (TSX:BB) is benefiting from strong momentum in cybersecurity and intelligent software markets.
  • Atkinsrealis (TSX:ATRL) combines solid earnings growth with a massive $20 billion project backlog.
  • Fortis (TSX:FTS) offers dependable dividends backed by long-term regulated utility growth.

Investors often debate whether growth, value, or dividend stocks offer the best long-term returns. In reality, a well-rounded portfolio can benefit from exposure to all three. Growth stocks can drive capital appreciation, value stocks can provide attractive risk-reward opportunities, and dividend stocks can generate dependable income while helping reduce volatility.

In this article, I’ll highlight one top Canadian stock in each category that could deliver strong returns in the years ahead.

diversification is an important part of building a stable portfolio

Source: Getty Images

Growth: BlackBerry stock

For growth-focused investors, the stock I’d start with is BlackBerry (TSX:BB), a Canadian tech firm that has been reinventing itself while gaining traction in cybersecurity and embedded software. The Waterloo-based company provides intelligent software solutions for governments and enterprises around the world.

In its latest quarter (ended in February), BlackBerry delivered 10% year-over-year (YoY) revenue growth, marking a return to top-line growth for fiscal 2026. Its QNX division, which develops embedded software used across industries, generated record quarterly revenue of US$78.7 million, up 20% YoY.

Momentum isn’t limited to QNX. BlackBerry’s secure communications segment also returned to YoY growth last quarter as demand for digital sovereignty solutions increased, along with rising global defence spending. Meanwhile, its operating cash flow rose 9% YoY to US$45.6 million.

BlackBerry stock closed at $14.23 on June 2, giving it a market cap of $8.3 billion. Its shares have climbed an impressive 174% so far in 2026 alone, reflecting growing investor confidence. With its QNX platform embedded in more than 275 million vehicles worldwide and expanding into robotics and physical artificial intelligence (AI) applications, I expect BlackBerry stock to continue soaring.

Value: Atkinsrealis stock

For investors looking for value backed by strong fundamentals, Atkinsrealis Group (TSX:ATRL) could be worth considering today. Based in Montreal, this engineering services firm runs its business across multiple global markets and provides consulting, design, project management, and infrastructure solutions.

The company’s first-quarter results highlighted the strength of its business. Its quarterly revenue jumped 18% YoY to $3 billion, while its segment-adjusted EBIT (earnings before interest and taxes) grew 12%, backed by strong execution across its engineering services and nuclear operations.

One of the most attractive aspects of the business is its solid backlog. Atkinsrealis currently has about $20 billion in contracted work, providing excellent revenue visibility for the years ahead.

Despite these strong fundamentals, ATRL stock has dived by around 15% over the last three months to currently trade at $80.99 per share. Given the company’s strong balance sheet, financial flexibility, and expanding opportunities in nuclear energy, I wouldn’t be surprised if this value stock witnesses a strong recovery in the near term.

A dividend stock built for the long run

When it comes to dependable income, Fortis (TSX:FTS) remains one of Canada’s most respected dividend stocks. The utility operator has a diversified portfolio of regulated electric and gas assets across North America.

In the latest quarter ended in March 2026, the company posted adjusted net profit of $501 million, nearly flat on a YoY basis. It also invested $1.4 billion in capital projects during the quarter, keeping pace with its annual capital plan of $5.6 billion.

Its large-scale projects, such as the Big Cedar Load Expansion and Tilbury Liquefied Natural Gas (LNG) Storage Expansion projects, could turn out to be important drivers of future growth for the utility firm.

Going forward, Fortis plans to increase its rate base from $42.4 billion in 2025 to $57.9 billion by 2030, reflecting a compound annual growth rate of 7%. That growth is expected to support annual dividend increases of 4% to 6% through 2030, making Fortis an attractive option for investors seeking reliable and growing income.

Fool contributor Jitendra Parashar has positions in BlackBerry. The Motley Fool recommends Fortis. The Motley Fool has a disclosure policy.

More on Stocks for Beginners

A solar cell panel generates power in a country mountain landscape.
Dividend Stocks

2 Dividend Stocks Worth Holding for the Next 7 Years

Two Canadian dividend growers could turn 28 quarterly cheques into a bigger income stream as AI power demand and Asian…

Read more »

senior relaxes in hammock with e-book
Dividend Stocks

A Canadian Dividend Stock Down 59% to Buy and Hold for Retirement

BCE’s “boring” dividend reputation cracked, but a reset payout and a turnaround plan could still interest retirees.

Read more »

hand stacks coins
Dividend Stocks

3 Canadian Dividend Giants I’d Buy With Rates on Hold

These three Canadian dividend giants offer durable income, defensive strength, and long-term growth while interest rates remain on hold.

Read more »

monthly calendar with clock
Dividend Stocks

TFSA Investors: 1 Perfect Monthly Dividend Stock With a 6% Yield

SmartCentres could give TFSA investors a 6% monthly “rent cheque” without the midnight repair calls.

Read more »

space ship model takes off
Stocks for Beginners

The Absolute Best Canadian Stocks to Buy and Hold Forever in a TFSA

These two proven Canadian companies are still growing, even as their stocks haven’t seen much appreciation of late.

Read more »

woman considering the future
Stocks for Beginners

Here’s What Retirement Savings Often Look Like for Canadians at 55

At 55, national “average” balances matter less than how much income your assets can reliably produce.

Read more »

workers walk through an office building
Stocks for Beginners

3 Undervalued Stocks to Buy Before the Crowd Catches On

These three TSX stocks are posting encouraging results while building businesses that could attract greater investor attention over time.

Read more »

A child pretends to blast off into space.
Tech Stocks

2 Canadian Stocks That Could Surge Before 2026 Ends

Two smaller Canadian growth stocks could get a boost from upcoming results and big deals tied to data-centre power and…

Read more »