Every investor has that one stock – the kind you hesitate to let go, no matter what the market is doing. More than short-term gains or timing the perfect exit, it’s about having conviction in owning a business that keeps proving itself, quarter after quarter, year after year. In my opinion, such stocks can quietly compound wealth over time.

In this article, I’ll reveal one of the best Canadian stocks that stands out so strongly that selling it just doesn’t make sense to me.

Why Celestica stock has become hard to ignore

Celestica (TSX:CLS) might not always be the first name that comes to mind in the Canadian tech sector, but its outstanding performance can certainly make you take notice. The company operates as a global provider of hardware platforms and supply chain solutions, serving industries like aerospace, defence, healthcare, and cloud computing.

Its stock currently trades at $557.68 with a market cap of $63.6 billion. Over the last year alone, shares have surged by an incredible 374%. It has impressed investors by delivering 5,346% returns over the last five years. But more importantly, those amazing returns are backed by real business momentum in Celestica’s case.

Strong earnings growth is driving confidence

In the first quarter of 2026, the company’s total revenue jumped 53% year over year (YoY) to US$4.1 billion. And its profitability improved alongside revenue.

Celestica’s adjusted operating margin rose to 8% from 7.1%, while its adjusted earnings surged by 80% from a year ago to US$2.16 per share. These solid numbers clearly show that the company is becoming more efficient as it scales.

Cloud and connectivity leading the charge

A major growth driver behind Celestica’s outstanding growth has been its Connectivity & Cloud Solutions (CCS) segment. In the latest quarter, this segment saw revenue jump 76% YoY to US$3.2 billion, with its margins improving to 8.6%.

Within this, its hardware platform solutions business grew 63% YoY, reflecting strong demand from hyperscale and data centre customers. These are areas benefiting directly from long-term trends like cloud computing and artificial intelligence (AI).

At the same time, Celestica’s Advanced Technology Solutions (ATS) segment, which includes aerospace and industrial businesses, remained stable in revenue but still improved margins. This balance between high-growth and stable segments adds resilience to its business.

Built for long-term growth

Meanwhile, Celestica is also raising expectations for what’s next. The company recently increased its 2026 outlook, now expecting revenue of US$19 billion for the year and adjusted earnings of US$10.15 per share. That upgraded outlook reflected a strong jump from its earlier forecast. It also expects operating margins to improve further with the help of better visibility into customer demand and new program wins.

To support its expansion, Celestica has strengthened its financial position by increasing its credit facility to about US$2.5 billion and extending maturities to 2031. This gives it flexibility to invest in growth while continuing to manage risk.

More importantly, the company is deeply tied to some of the most important technology trends today, including cloud computing, AI, and data centre infrastructure.

Why this is a “never sell” kind of stock

Stocks that are hard to sell usually share a few traits: strong earnings growth, clear long-term demand, and a business that keeps evolving. Celestica checks all those boxes. Its ability to scale revenue, improve margins, and secure new high-value programs makes it more than just a momentum story – a company building a stronger position over time.

Of course, no stock goes up in a straight line. There will always be volatility. But for investors focused on the long term, businesses like Celestica are definitely worth holding through the ups and downs.

The post Revealed: Here’s the Only Canadian Stock I’d Refuse to Sell appeared first on The Motley Fool Canada.

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• TSX Today: What to Watch for in Stocks on Wednesday, April 29
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Fool contributor Jitendra Parashar has positions in Celestica. The Motley Fool recommends Celestica. The Motley Fool has a disclosure policy.

Big returns in the stock market are less about avoiding risk and more about spotting powerful trends early and backing companies that are positioned to ride those waves for years. Of course, not every stock can turn a modest investment into something life-changing. But the TSX has many quality growth stocks, operating in fast-growing industries and already showing strong momentum.

Right now, areas like artificial intelligence (AI), digital infrastructure, and critical resources are attracting massive capital. If you’re willing to take a long-term view, some companies in these spaces could deliver outsized returns. In this article, I’ll talk about two such Canadian stocks that have the potential to significantly multiply your investment over time, and potentially turn a $100,000 investment into $1 million over the long run.

Keel Infrastructure stock

Keel Infrastructure (TSX:KEEL) is tapping into one of the fastest-growing areas in the market today – high-performance computing and AI infrastructure. The company develops and owns data centres and energy assets designed to support energy-intensive workloads like AI processing and cryptocurrency mining. Its portfolio includes power generation facilities, grid connections, and renewable energy assets across North America.

KEEL stock has skyrocketed by nearly 218% over the last year, and it currently trades at $4.49 with a market cap of $2.7 billion.

One of the most interesting factors I find about Keel is its positioning. Demand for computing power is rising rapidly, driven by AI adoption and data-heavy applications. At the same time, access to reliable and scalable energy is becoming a key bottleneck – something Keel is actively trying to address through its integrated model.

The company has a 2.2 gigawatt power capacity pipeline, including 648 megawatts already secured. This gives it a clear runway for expansion as demand continues to grow. Its primary focus on combining data infrastructure with renewable energy also adds a long-term advantage, especially as sustainability continues to become more important for tech companies in the AI era.

While it might be a higher-risk investment in the short term, Keel’s exposure to multiple high-growth trends could make it a powerful long-term compounder if execution remains strong.

Arizona Sonoran Copper stock

Arizona Sonoran Copper (TSX:ASCU) offers exposure to another major global trend – the rising demand for copper. If you don’t know it already, copper is a critical material used in electric vehicles, renewable energy systems, and grid infrastructure. As the world moves toward electrification, demand for this metal is expected to remain strong for years.

Following an impressive 262% rally in the last year, ASCU stock currently trades close to $8 per share with a market cap of $1.7 billion.

The company’s main asset is the Cactus Project in Arizona, a large-scale copper project with significant resource potential. Its location is a key advantage, with access to established infrastructure like highways and rail lines.

While Arizona Sonoran is still in the development stage, its latest economic study gives a clearer picture of its potential. The 2024 preliminary economic assessment highlighted a project with an estimated after-tax net present value of around US$2 billion and an internal rate of return (IRR) of roughly 24%, pointing to solid long-term economics.

The study also outlined average annual copper production of nearly 150 million pounds over a multi-decade mine life, with relatively low operating costs supported by existing infrastructure in Arizona. This includes access to power, water, rail, and highways, which could help reduce development risks and capital intensity.

With a large-scale resource base and improving project economics, Arizona Sonoran is steadily moving closer to becoming a meaningful copper producer. And as global demand for copper continues to rise alongside electrification and clean energy adoption, this Canadian growth stock could yield some eye-popping returns in the long run.

The post 2 Canadian Stocks With the Potential to Turn $100,000 Into $1 Million appeared first on The Motley Fool Canada.

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• AI Spending Is Poised to Hit US$700 Billion in 2026: 2 Top Stocks to Buy to Capitalize on This Massive Number

Fool contributor Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Big wealth in the stock market mainly comes from investing in high-growth companies with the potential to deliver outsized returns over time. While turning $100,000 into $1 million may sound too ambitious, it becomes far more achievable when you invest in companies with strong momentum, expanding opportunities, and clear long-term strategies.

In this article, I’ll highlight three TSX stocks that could help you get there faster than you might expect.

MDA Space stock

One company that continues to stand out in the innovation space is MDA Space (TSX:MDA), a key player in satellite communications and space infrastructure, which is benefiting from rising global demand for space-based technologies.

The company’s latest financial results highlight just how strong its growth has been. In the fourth quarter of 2025, MDA reported revenue of $499 million, up 44% year-over-year (YoY). For the full year, its revenue surged 51% to $1.6 billion. On the profitability side, its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) reached $96 million in the quarter and $324 million for the year, showing improving operational performance despite some margin pressure.

What really strengthens the investment appeal is its backlog and future pipeline. MDA ended 2025 with a backlog of $4 billion and a massive $40 billion pipeline, including $10 billion tied to government and repeat contracts. On top of that, the company is investing in advanced technologies and expanding its capabilities through strategic partnerships and contracts.

With increasing demand for defence and satellite solutions, MDA stock appears well-positioned for strong growth.

BlackBerry stock

BlackBerry (TSX:BB) has gone through a major transformation over the years, and that transition is now starting to show results. BB stock currently trades at $6.92 per share with a market cap of $4.1 billion, and it has climbed 48% over the last year.

In the fourth quarter of fiscal 2026 (ended in February), BlackBerry posted revenue of US$156 million, up 10% YoY. For the full year, revenue reached US$549.1 million, with adjusted EBITDA rising sharply by 71% to US$36.1 million.

A major growth driver for BlackBerry is its QNX segment, which delivered record quarterly revenue of US$78.7 million, up 20% YoY. Notably, its QNX segment focuses on software for critical systems, including automotive and industrial applications.

The company is also expanding partnerships with major players like Mercedes-Benz and BMW, while collaborating with NVIDIA to advance artificial intelligence (AI) solutions. These initiatives could play a key role in accelerating its rally in the years to come.

NexGen Energy stock

NexGen Energy (TSX:NXE) offers exposure to the fast-growing demand for clean energy. NXE stock currently trades at $16.94 per share with a market cap of $10.3 billion, and it has surged 140% over the past year.

At the heart of its potential is the Rook I Project, which includes the high-grade Arrow Deposit. According to its feasibility study, the project holds measured resources of 209.6 million pounds of U3O8, along with additional indicated and inferred resources.

As countries increasingly turn to nuclear energy for reliable and low-carbon power, companies like NexGen could see strong long-term demand — which could drive its share prices higher.

Foolish takeaway

Turning a small investment into a sizable portfolio takes patience, discipline, and smart stock picks, but companies in high-growth industries with strong execution could offer the best chances. MDA Space, BlackBerry, and NexGen Energy each bring unique strengths, from cutting-edge technology to energy transition exposure. While no investment is guaranteed, these TSX stocks offer solid growth potential that could significantly compound wealth over time.

The post 3 TSX Stocks With the Potential to Turn $100,000 Into $1 Million Sooner Than You’d Expect appeared first on The Motley Fool Canada.

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Fool contributor Jitendra Parashar has positions in BlackBerry, MDA Space, and Nvidia. The Motley Fool recommends MDA Space and Nvidia. The Motley Fool has a disclosure policy.

Time is one of the most valuable assets in investing. Yet it’s also the one resource you can’t recover. For Canadian investors who feel behind, the challenge isn’t just about saving more — it’s about making those savings work harder. Maybe you started late, or maybe market swings slowed your progress. Either way, catching up doesn’t always mean playing it safe. Sometimes, it means taking a more assertive approach with how you put your money to work.

That’s where an aggressive savings strategy could help. It’s not only about setting aside more money but also about directing a portion of those savings toward higher-growth opportunities. Instead of relying only on stable dividend stocks, investors may consider allocating part of their portfolio to areas like technology, emerging trends, or even undervalued turnaround stories. In this article, I’ll explain why one such TSX stock could help accelerate your long-term wealth-building journey.

A top Canadian turnaround story backed by innovation

Among the turnaround opportunities in today’s market, one of the best growth stocks that continues to stand out is BlackBerry (TSX:BB). Once known primarily for its smartphones, the company has undergone a major transformation over the years. Today, it operates as a software-focused business, providing mission-critical solutions to enterprises and governments.

The company now operates across three main segments: QNX, Secure Communications, and Licensing. Its core focus is on intelligent software that supports operational resilience, including cybersecurity, embedded systems, and critical event management.

At a current stock price of $7.65 per share and a market cap of $4.5 billion, BlackBerry has delivered strong momentum, with its stock rising by 78% over the last year.

Strong financial performance signals momentum

BlackBerry’s financial results continue to highlight the progress it has made in this transformation. In the fourth quarter of its fiscal year 2026 (ended in February), the company’s total revenue rose 10% year-over-year (YoY) to US$156 million, contributing to its full-year revenue of US$549.1 million, up 3%.

Meanwhile, its profitability also improved significantly as it reported a solid 71% YoY jump in its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) to US$36.1 million. At the same time, its adjusted net profit also surged 92% YoY to US$34 million. The company’s gross margin remained strong at over 78%, reflecting efficient operations.

QNX and Secure Communications are driving growth

A big part of BlackBerry’s growth story comes from its QNX segment. In the latest quarter, QNX delivered record revenue of US$78.7 million, up 20% YoY, while its royalty backlog expanded to US$950 million.

QNX also achieved the “Rule of 40,” a key benchmark where the sum of revenue growth and EBITDA margin exceeds 40%. This clearly reflects BlackBerry’s efforts to maintain a strong balance between growth and profitability.

Positioned at the centre of future tech trends

What makes BlackBerry even more interesting is where it’s headed. The company is expanding QNX into areas like automotive software, robotics, and even maritime defence. Its collaborations with companies like NVIDIA aim to power safety-critical edge artificial intelligence (AI) systems across industries.

It’s also working with partners like Leapmotor in electric vehicles and contributing to defence projects such as Canada’s submarine program. These initiatives reflect a broader shift toward software-defined systems, where reliability and security are critical.

By focusing on these high-growth areas, BlackBerry is positioning itself at the intersection of several major technology trends, including autonomous systems, cybersecurity, and AI.

Why this strategy could help you catch up

An aggressive savings strategy isn’t about suddenly saving large amounts each month or taking reckless risks. It’s about identifying companies with strong fundamentals that are still early in their growth journey. BlackBerry fits that profile with improving financials, expanding markets, and strategic partnerships.

Of course, growth stocks can be more volatile than traditional dividend payers. But for investors trying to make up for lost time, this kind of exposure can potentially accelerate portfolio growth.

The post This Aggressive Savings Strategy Can Help Make Up for Lost Time appeared first on The Motley Fool Canada.

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

Building your Tax-Free Savings Account (TFSA) portfolio? High growth and high dividend stocks should be your ideal choice to make the most of the TFSA. It allows your investments to grow tax-free. It means you can rebalance your portfolio within the TFSA without triggering any tax event from the sale of shares.

Why every TFSA must have a Canadian ETF

Individual stocks carry company-specific risk that could make your portfolio volatile in difficult times. A strategic asset allocation in a Canadian ETF can mitigate risk by spreading your investments across stocks and automatically rebalancing alongside the market movement.

What does this mean?

Many Canadians delay investing in stocks due to fears of parting with their cash for the long term. Stock market investing brings company-specific risk and opportunity. When you buy the dip of a fundamentally strong stock, you know it will give you good returns. However, when those returns will come is a matter of forecast. This creates a liquidity risk. When you need money the most, the stock may not be at its best price, and you might be forced to sell at a loss.

A market ETF reduces this risk as it is relatively less volatile than an individual stock. An ETF mirrors an index and quarterly rebalances stock weightage to match the index. This rebalancing automatically reduces exposure to poor-performing stocks and increases exposure to the performing ones.

One strategic Canadian ETF every TFSA should have

As the world moves towards artificial intelligence (AI), the technology sector is set to experience high growth. However, it comes with extreme volatility because of the disruptive nature of the tech revolution. For instance, cloud replaced licensing software in many applications, and now AI is replacing some basic software. While new technology disrupts older technology, it also creates new opportunities for upgrade and efficiency.

A technology ETF helps you capture the opportunity of new technology, and auto rebalancing can reduce the downside risk of outdated tech. iSharesS&P/TSX Capped Information Tech Idx ETF (TSX:XIT) invests in some resilient technology stocks. It has around 25% holdings in each Shopify, Constellation Software (TSX:CSU), and Celestica (TSX:CLS).

The three stocks are market leaders in their segments of e-commerce, vertical-specific software, and original design manufacturers (ODMs).

Celestica stock

Celestica’s stock has surged 50% in April as it onboarded a third hyperscaler customer. The company will manufacture network switches for Advanced Micro Devices’s Helios rack-scale AI platform. Celestica is riding the AI rally by providing assembly and manufacturing services for cloud networking and AI data centres. The company has graduated from being a contract manufacturer to ODM and is preferred by all big names in the AI space.

Constellation Software

Constellation Software has been in a downturn since its founder resigned for health reasons. Although the chief operating officer has taken the reins, a business succession is never without hiccups. The timing of the succession has made investors apprehensive as AI is challenging the need for sticky licensing software, on which Constellation’s portfolio is built. The company even reported a 30% decrease in net income in 2025 as the acquisition of Asseco Poland shares increased its finance cost.

However, its secular growth trend of acquiring cash flow-rich vertical-specific software companies and reinvesting that cash to buy more companies remains intact. The company will work towards reducing its leverage and increasing its free cash flow as opportunities come. That will drive long-term growth.

How the XIT ETF can help your TFSA

If you were to invest $10,000 each in the above three stocks on January 1, 2026, your portfolio value would be volatile. If it weren’t for Celestica, the other two stocks would have reduced portfolio value significantly. The XIT mitigates this blow and gives you similar exposure.

Also, you can get exposure to all three stocks for just $70.6 per unit of the XIT ETF, for which you would otherwise need more than $3,200 to buy one stock of each.

The post The 1 Strategic Canadian ETF I’d Make Sure Every TFSA Includes appeared first on The Motley Fool Canada.

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The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends Advanced Micro Devices, Celestica, and Constellation Software. The Motley Fool has a disclosure policy. Fool contributor Puja Tayal has no position in any of the stocks mentioned.

The stock markets are reviving after a pullback in March 2026 due to the war in Iran. The war came as a shock and redirected capital away from tech and gold stocks toward oil. Traders rushed to make short-term gains from the oil supply shock. As we saw with the Russia-Ukraine war and the Venezuela oil crisis, markets overcome the shocks and return to fundamental growth. Several tech and gold stocks bounced back in April.

2 TSX stocks to buy aggressively the next time markets pull back

Celestica stock

After falling 27% in February and early March 2026, Celestica (TSX:CLS) stock has surged 60%. It shows no signs of slowing. If only you had bought the stock during the market pullback.

One reason for the decline is a report from Digitimes that Google may potentially shift tensor processing units (TPUs) assembly work away from Celestica. The companies did not confirm the reports, but it pulled the stock down as investors feared loss of a hyperscale client.

Celestica has grown from being an assembler and electronic manufacturer to a custom Original Design Manufacturer (ODM). In the fourth quarter 2025 earnings call, its CEO stated that it has secured a significant order for a 1.6T networking switch platform from a third hyperscaler customer. Having one hyperscaler alone means significant volumes, and Celestica now has three.

In March 2026, Celestica collaborated with Advanced Micro Devices to design and manufacture networking switches for the latter’s “Helios” rack-scale artificial intelligence (AI) platform. This hints that Celestica will significantly exceed its 2026 revenue guidance of $17 billion.

Celestica is building manufacturing capacity in Taiwan and a high-performance system design center in Austin, Texas. Once these capacities come online, revenue could grow even further, making Celestica a buy as the AI data centre growth cycle is heating up once again.

Kinross Gold stock

After falling 28% in March 2026, Kinross Gold (TSX:K) stock has surged 32% to $47.88 and has still not reached its January high of $53.57. The stock fell as the gold price crashed due to rising crude prices. The Iran war diverted world central banks’ gold buying momentum as many countries struggled to control inflation without increasing interest rates.

Buying crude at higher prices further encouraged them to build more gold reserves amidst geopolitical uncertainty, wars, and de-dollarization. The gold supply is limited, and central bank buying will only increase the price of gold.

Kinross Gold is one of the largest gold mining companies having mines in Brazil, the U.S., Chile, and Mauritania. It plans to produce two million ounces of gold in 2026 at an all-in-sustaining cost of US$1,730/ounce. It generates a higher free cash flow (FCF) of $1,237 per ounce of gold produced compared to larger mines, representing a FCF yield of 10%.

Its stock is sensitive to the gold price, as a higher price fetches it more value for its inventory and achieves higher FCF. Gold price will continue to rise amidst geopolitical tensions, making Kinross a stock to buy aggressively on the next dip.

The post 2 TSX Stocks I’d Buy Aggressively the Next Time Markets Pull Back appeared first on The Motley Fool Canada.

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Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Advanced Micro Devices, Alphabet, and Celestica. The Motley Fool has a disclosure policy.

Many Canadians often realize the true wealth generation potential of a Tax-Free Savings Account (TFSA) later in life. The average TFSA balance of the 45–49 age group was $24,150 in 2023, even when the cumulative contribution room was $88,000. With an average unused contribution of $61,381, you still have time to boost your TFSA.

Staying invested in fundamentally strong stocks brings compounding returns. You cannot make up for the lost time, but a few fast-growing stocks can give your TFSA a meaningful boost.

Two TSX stocks to boost TFSA returns

Micron Technology (TSX:MU) stock has jumped 650% since April 2025 and shows no signs of slowing. This crazy rally mirrors that of Nvidia back in 2023. When analysts said Nvidia is too expensive after a 700% rally, there was a pause in growth, only for another 700% rally to follow. Micron is having an Nvidia-moment. The 2025–2027 period could become an historic growth cycle for this stock.

Memory chips are used in almost every device and in different forms. The dynamic random access memory (DRAM) that goes inside a desktop can’t be used in a laptop, mobile, server, or cloud network. All these platforms need memory just as they need electricity, but their forms are different.

Hyperscalers are pouring billions into building artificial intelligence (AI) data centres. While they have achieved desired results from less-powerful graphics processing units and processors, memory needs have no alternative. Processing large language models needs DRAM to access and process data and NAND to store them. High bandwidth memory (HBM) that goes into AI data centres is commanding high margins for Micron.

The HBM demand is so high that Micron and its two fellow memory chip makers are spending billions on building new facilities. The HBM has created a whole new memory chip category, like PC DRAM and mobile DRAM.

When will this cycle end? Analysts say the cycle will continue at least till mid-2026. But Micron sees no signs of slowing in 2026.

Is Micron a TFSA stock to own?

Buying midcycle has its risks. You are constantly worried about when the cycle will end. That makes the stock even more volatile around quarterly earnings as the numbers will drive the story forward. The fiscal 2026 first-quarter earnings in December sent the stock up 87% in little over a month. However, second-quarter earnings in March pulled the stock down 30% in less than 15 days. The dips are always steeper than rallies.

What makes me bearish on Micron is its data centre revenue growth. It is the fastest-growing segment, with revenue growing 51% and then 140% sequentially in the last two fiscal quarters. It now accounts for 24% of Micron’s overall revenue. This contribution could continue to grow throughout 2026 as the company ramps up HBM4 production. The rate of growth will slow, but a higher contribution from high-margin products could see earnings growth and drive the next growth cycle.

Once the data centre cycle ends, the autonomous cars and then the humanoid cycle will come. Such cyclical rallies make Micron a TFSA stock to own.

Ballard Power Systems

Another TFSA stock to buy-and-forget is Ballard Power Systems (TSX:BLDP). It is strengthening its commercial reins to boost the adoption of hydrogen fuel cell technology. Like every technology stock, it could grow by leaps and bounds with widespread adoption of its products.

Ballard’s stock price has surged 77% since its 2025 earnings release, when it reported its first positive gross margin. The company has introduced a new product that aims to reduce the total cost of ownership and bring it on par with a diesel engine. It has a new CEO whose aim is to make the company cash flow positive by 2027 by optimizing working capital, improving pricing, controlling costs, and prioritizing markets.

A fundamental reset in 2026 could make Ballard attractive to value investors.

The post 2 TSX Stocks That Could Give Your TFSA Returns a Meaningful Boost appeared first on The Motley Fool Canada.

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Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Micron Technology. The Motley Fool has a disclosure policy.

Artificial intelligence (AI) is fast becoming a core part of how businesses operate and grow. From automating workflows to improving decision-making, AI is continuing to reshape industries at a rapid pace. And the scale of investment going into this shift is massive. According to a recent CNBC report, major tech giants like Amazon, Microsoft, Alphabet, and Meta are expected to collectively spend close to US$700 billion on AI infrastructure in 2026 alone.

For investors, this highlights just how big the opportunity has become. But it also shows that real value is being built behind the scenes — through data centres, computing power, and platforms that enable AI to function at scale.

In this article, let’s take a closer look at two Canadian stocks that are positioning themselves to benefit from this powerful trend.

Keel Infrastructure stock: A shift toward AI infrastructure

As AI adoption accelerates, the demand for computing power and data infrastructure is rising just as quickly. This is where Keel Infrastructure (TSX:KEEL) is carving out its space. The company has undergone a major transformation lately, shifting away from Bitcoin mining to focus entirely on high-performance computing (HPC) and AI infrastructure. This major change aligns closely with where the industry is heading.

To put it simply, Keel generates revenue by providing energy-backed data centre sites designed for AI workloads. Its stock has gained 237% over the last year to currently trade at $3.91 per share with a market cap of $2.4 billion, reflecting growing investor interest in its new direction.

From a financial standpoint, the company reported US$229 million in revenue in 2025, marking a 72% year-over-year (YoY) increase. While it posted an operating loss of US$150 million, its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) came in at US$29 million, which was about 13% of total revenue, showing underlying operational strength.

Meanwhile, its balance sheet remains strong. With $520 million in liquidity, including cash and unencumbered Bitcoin, Keel has the resources to continue expanding its footprint.

Its development pipeline of around 2.2 gigawatts across key North American regions like Pennsylvania, Washington, and Québec positions it well to meet rising demand for AI infrastructure in the coming years.

Shopify stock: A proven platform benefiting from AI-driven commerce

While infrastructure is one side of the AI story, application is the other. And that’s where Shopify (TSX:SHOP) is strengthening its presence. As a global commerce platform, it enables businesses to sell across online, in-store, and digital channels. As more merchants adopt AI tools to optimize operations, personalize customer experiences, and improve efficiency, Shopify is becoming an even more valuable platform.

After jumping 59% in the last year, SHOP stock is currently trading at around $184.53 per share with a market cap of about $240 billion.

Its platform integrates multiple sales channels into one system, allowing merchants to manage everything from inventory to payments in one place. This unified approach makes it easier to incorporate AI-driven tools and features, which are expected to further enhance its value proposition. As Shopify continues to invest in AI-powered innovation, its stock may continue to benefit from this rapidly growing trend.

Why these stocks could benefit from the AI boom

The AI opportunity isn’t limited to one type of business. It spans infrastructure, software, and platforms – and both of these companies are tapping into different parts of that ecosystem.

Keel Infrastructure offers exposure to the growing demand for computing power, which is essential for training and running AI models. At the same time, Shopify benefits from the increasing use of AI in commerce, helping businesses operate more efficiently and scale faster.

For long-term investors, having exposure to both sides of this trend could be a smart way to capture the full potential of the AI boom.

The post AI Spending Is Poised to Hit US$700 Billion in 2026: 2 Top Stocks to Buy to Capitalize on This Massive Number appeared first on The Motley Fool Canada.

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• Could Buying This One Stock Actually Put You on a Path to Millionaire Status?

Fool contributor Jitendra Parashar has positions in Amazon, Microsoft, and Shopify. The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends Alphabet, Amazon, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.

The artificial intelligence (AI) revolution gained momentum in 2024, setting the stage for the next big tech growth cycle of the decade. Huimanoids, AI factories, and self-driving cars are the future, and this future needs an AI infrastructure.

The next 10 years of tech growth

At present, AI infrastructure is only burning cash. It is not yet generating the kind of revenue it should, given its energy and cooling demands. AI data centres are only one part of the ecosystem. The entire ecosystem will comprise AI-powered devices collecting and processing data in real-time, software and systems plugged to the AI fabric, advanced cybersecurity that ensures secure passage of data, and a human override.

This whole infrastructure could take 10 years to build, adopt, and refine. Once it becomes mainstream, the AI fabric could generate recurring cash flow, just like cloud computing today. Microsoft and Amazon started building cloud computing networks in 2006–2010, and today it is their largest revenue generator.

While there is fear of an AI bubble, there is no denying that the AI ecosystem will change the way we live and work 10 years from now. Those who invested $10,000 in Microsoft and Amazon during the 2010–2012 period are sitting on a $180,000 portfolio today.

One of the best tech stocks to own for the next 10 years

The tech stock we are talking about is a far bigger wealth generator than Amazon and Microsoft. Broadcom (NASDAQ:AVGO) is the chipmaker that has evolved with technology, providing a one-stop shop for all infrastructure needs through acquisition and innovation.

Hock Tan, the chief executive officer of Broadcom, is known for his seamless and efficient integration of some of the largest tech acquisitions, such as Avago-Broadcom, Symantec, and VMWare. Avago started as a company providing chips for Wi-Fi routers and set-top boxes, and acquired the bigger company Broadcom in 2016 to supply Ethernet switches and other network infrastructure solutions.

Hock Tan realized that hardware and software are no longer two separate functions, but rather an integrated solution as demand for accelerated computing increased. Thus, it acquired Symantec in 2019 for cybersecurity technology and VMware for cloud computing technology in 2023. It has deducted $6 billion in amortization of acquisition-related intangibles in 2024 and 2025 as it integrates VMWare. Such tough business decisions around acquisitions have increased Broadcom’s range of offerings.

On the innovation front, Broadcom has developed AI XPUs, an application-specific AI accelerator, used in AI data centers. The company earned income from the 4G, 4G long-term evolution, and 5G infrastructure, and cloud computing network infrastructure, and is now earning from AI infrastructure, each denser and more expensive than the previous.

Long-term earnings potential of Broadcom

Intel and Nvidia have growth cycles as they largely cater to a specific need. They fear competition and disruption if a more efficient and high-performance computing processor emerges. However, Broadcom’s ecosystem approach leverages increasing semiconductor content requirements, which makes it an evergreen stock to hold for decades.

A $10,000 investment in Broadcom and Nvidia each in 2012 became $1.2 million and $5.2 million, respectively, at the start of January 2026.

Nvidia’s growth began after 2016 and has been in pockets, while Broadcom’s growth is more evenly spread out. Broadcom’s stock mostly dipped 20–30% due to external macroeconomic factors, like the 2018 US-China trade war, the 2020 pandemic, the 2022 global tech meltdown, 2025 tariffs, and now the Iran war.

Every dip has created a buying opportunity. The next time the stock dips, buy and hold it for the long term, as it will justify its high valuations with hyper growth and efficiency.

The post What Is One of the Best Tech Stocks to Own for the Next 10 Years? appeared first on The Motley Fool Canada.

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Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Amazon, Broadcom, Intel, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.

BCE (TSX:BCE) stock fell more than 8% in the first half of April to $33. Why this dip, and should you buy this dip? The answer lies in execution. The slow execution delayed 2024 restructuring, pulling the stock down 35% between September 2024 and May 2025. When the management slashed its annualized dividends by 56% to $1.75 per share from $3.99 in May 2025, the stock price didn’t react.

Why did BCE stock dip in April 2026?

The recent dip comes as TD Securities downgraded BCE to Hold from Buy. Analyst Vince Valentini lowered its average revenue per user (ARPU) growth estimates by 100 basis points for the next three years. ARPU is the reason why the telecom sector turned topsy-turvy. The regulatory change allowing small competitors to access BCE and Telus fibre infrastructure created price competition. While small players who had not spent billions building the infrastructure won, and large players lost as their return on investment (ROI) dipped.

The May 2025 dividend cut was necessary as BCE was spending more than 100% of its free cash flow (FCF) on dividends. Dividends are paid from the surplus cash left after all essential expenses are cleared. The dividend cut bought BCE time to improve its FCF and reduce its debt. The results are visible as it increased its FCF by 10% in 2025.

The role of ARPU in BCE’s dividends

The ARPU is the key source of profits for BCE. While the revenue growth depends on an increase in customer subscriptions, profits depend on an increase in ARPU. If each new customer spends more on BCE offerings, that customer will bring in higher margins for the same cost.

BCE has been looking to grow its ARPU by shifting its offerings mix. It bundles wireless, internet, broadband, media channels like Crave, and sports direct-to-consumer. Bell Canada has lowered its radio station revenue due to its low margins. It is shifting its revenue streams to high-margin areas of US fibre and enterprise artificial intelligence (AI) solutions. These should bring positive growth in ARPU.

Until this happens, you could invest your money elsewhere where the returns are quick and dividend growth is happening in the present, like Manulife Financial. The finance company grew its 2026 dividend by 10.2%.

Don’t buy BCE stock until this happens

BCE released weaker 2026 earnings per share (EPS) guidance despite expecting 1–5% revenue growth. This is because it has a lot to spend.

BCE’s 2026 revenue could grow to $25.2 billion in 2026 at the midpoint of revenue growth guidance. It expects to spend a little less than 15% of its revenue on capital expenditures, which comes to $3.7 billion. For 2026, it has committed to spend $1.2 billion on the construction of a 300-megawatt AI data centre in Saskatchewan, funded by a mix of cash and debt.

The first stage is expected to be operational in the first half of 2027. US-based Cerebras Systems will supply AI chips, and CoreWeave will provide AI computing capacity. BCE expects its AI solutions to generate $2 billion in revenue by 2028. BCE is also investing in expanding US fibre infrastructure.

Hoping there are no rule changes by the time BCE’s AI and US investments start earning recurring revenue, the telco could work towards dividend growth. Until you see strong revenue growth from these investments, you could hold off on buying BCE stock.

BCE has also changed its dividend policy to reflect its business model shift from telco to techno. The target payout ratio is now 40–55%, way below its 2025 ratio of 64%. You can hold off buying this stock till it achieves this target.

Investor takeaway

Holding off on buying doesn’t mean you sell your current holdings. It is a stock with potential to grow. However, the growth is delayed till the above targets of AI and US capex, dividend payout ratio, and leverage ratio of 3 times are achieved. Till that time, your money is better off invested in stocks that are growing now.

The post Don’t Buy BCE Stock Until This Happens appeared first on The Motley Fool Canada.

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• 3 Dividend Stocks That Look Worth Adding More Of

Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends TELUS. The Motley Fool has a disclosure policy.