2026 started with strong momentum for the S&P/TSX Composite Index. From the beginning of the yr to March 2, 2026, the benchmark index for the Canadian inventory market rose by 8.34% to hit new all-time highs. Nonetheless, it was solely a matter of time till rising geopolitical tensions, particularly the battle within the Center East, would begin impacting the Canadian inventory market.
Between March 2 and March 13, 2026, the index has declined by nearly 5%. Many high-quality Canadian shares have seen a downturn in share costs. Development shares appear to be struggling probably the most, however even well-established blue-chip shares will not be resistant to the impression of recessionary market environments.
Regardless of the continuing scenario, seasoned traders will know higher than to exit the market and miss outsized progress alternatives. At this time, I’ll talk about a progress inventory you can contemplate including to your holdings.
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WELL Well being Applied sciences
WELL Well being Applied sciences (TSX:WELL) is a TSX tech inventory that finds itself in a singular place within the tech trade. It lies on the crossroads between expertise and healthcare. The $1.04 billion market cap digital well being expertise firm is among the main omnichannel digital well being firms in Canada.
The corporate rose to prominence through the COVID-19 pandemic, which noticed the necessity for telehealth companies amid social-distancing restrictions. Telehealth companies have been already rising when the pandemic struck, however the international well being disaster catalyzed their progress. The consequence was WELL Well being Applied sciences turning into the operator of Canada’s largest outpatient clinic community.
Although social distancing rules are not in place, the enterprise is doing exceptionally properly. WELL Well being has demonstrated its potential to develop quickly by way of strategic acquisitions. After a 19% enhance within the variety of clinics in its community in 2025 alone, it has 252 areas beneath its belt now.
WELL Well being gives every thing from digital medical data to telehealth companies and AI-powered instruments for healthcare suppliers. That is an thrilling area with loads of progress potential.
WELL Well being’s strategic acquisitions and natural progress will mix properly with the sale of its non-core belongings in america. The corporate’s administration can use the substantial inflow of money from offloading its U.S.-based belongings to bolster its operations inside Canada.
The center of the yr may even see the spin-out of WELLSTAR, which many analysts consider will unlock billions in potential shareholder worth. Whereas it’d face short-term bother acting on the inventory market, WELL Well being inventory could be a giant long-term winner.
Silly takeaway
Nothing is definite about when the battle within the Center East will finish or when international provide chains will return to normalcy. One factor is evident: When the mud settles and the markets get well, some shares will fare higher than most and ship considerably outsized returns. Companies with strong fundamentals and a robust long-term outlook may current good funding alternatives. To this finish, WELL Well being Applied sciences is usually a strong holding to think about investing in proper now.