With 2026 already off to a scorching begin, and the TSX persevering with to the touch new all-time highs, it’s getting tougher to search out high-quality Canadian shares that may rally quickly all year long.
Whereas the complete market has momentum proper now, many high-quality Canadian shares are already close to or above their honest worth.
So, in the event you’re wanting so as to add Canadian shares at the moment with vital development potential in 2026, you don’t simply must attempt to discover high-quality corporations; you have to discover high-quality shares which have vital potential commerce effectively beneath their honest worth.
The excellent news for buyers, although, is that whereas there aren’t many high-quality Canadian shares buying and selling cheaplyone inventory that continues to have vital potential, WELL Well being Applied sciences (TSX:WELL) is buying and selling considerably beneath its honest worth.
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Why is WELL Well being the most effective Canadian shares to purchase now?
There are a number of causes to contemplate an funding in WELL Well being at the moment. First off, WELL is considered one of Canada’s main omnichannel digital well being corporations. And whereas it initially grew in recognition through the pandemic for its digital well being apps and telehealth companies, at the moment, it additionally operates the nation’s largest community of outpatient clinics.
The corporate continues to reveal its means to develop quickly via acquisitions. Actually, WELL added 41 clinics in 2025 alone, reaching 252 nationwide, which was a 19% improve.
On the identical time that it continues to concentrate on rising its affected person providers section, although, WELL continues to supply tech options like digital medical data, telemedicine, and AI-powered instruments for physicians, which is why it’s the most effective development shares to purchase within the extremely defensive healthcare sector.
WELL’s spectacular development is tough to disregard
What’s most spectacular about WELL is that it continues to translate its acquisitions into development of each its income and profitability. And the extra companies and clinics WELL acquires, the higher it may scale its prices.
For instance, its third-quarter revenues in 2025 jumped 56% 12 months over 12 months to $365 million. Moreover, its affected person visits hit 4.3 million in 2025, a 37% improve for the complete 12 months.
Along with the fast improve in income, although, WELL can also be bettering its profitability. For instance, its adjusted earnings earlier than curiosity, taxes, depreciation, and amortization (THE EVENTS) have reached document ranges in latest quarters, with margins persevering with to enhance.
Along with the compelling development in its income and profitability, although, WELL additionally has extra catalysts for a inventory rally this 12 months because it continues to look to dump a few of its non-core digital well being belongings and spin out WELLSTAR, its standard Software program as a Service enterprise.
These non-core asset gross sales within the U.S. ought to usher in vital money at enticing multiples that WELL can use to reinvest in higher-growth Canadian operations. And the deliberate spin-out of WELLSTAR in mid-2026 is anticipated by many analysts to unlock billions in worth for shareholders, giving the inventory a serious re-rating catalyst.
So, it’s no shock that each one seven analysts masking WELL proper now are giving it a purchase score. Moreover, its common analyst goal worth of $7.29 is greater than 85% greater than WELL’s share worth on the time of writing.
So, in the event you’re in search of a high-quality Canadian inventory that may rally quickly via 2026 and past, there’s no query that WELL Well being is a prime decide.