On this risky 2026 market, with tariffs shaking provide chains, AI exploding in every single place, and important minerals in scorching demand, savvy traders are searching uneven bets that would ship life-changing returns. Canadian shares with rock-solid fundamentals are screaming purchase proper now, particularly in the event you’re constructing a TFSA for the lengthy haul.
Listed here are three such shares I believe can take a $100,000 funding right now towards the seven-figure vary over the course of the following decade or two. These are all shares I’m investing in for my very own portfolio, and I believe are price contemplating for many traders with a long-duration time horizon.
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My high choose for traders in search of an uneven small-cap inventory with major-league upside, The Metals Firm (NASDAQ:TMC) has been on fairly the run.
Now, that constructive momentum has slowed of late. However I do suppose at these decrease ranges, this high deep-sea mining play is one price contemplating.
Certainly, I believe this inventory has rather more than 10 occasions progress potential over the long run – that’s, if my underlying thesis performs out. That’s as a result of The Metals Firm is pioneering nodule extraction from ocean flooring, loaded with nickel, cobalt, and manganese. These are battery metals screaming greater amid EV and grid storage booms.
Regardless of a surge within the firm’s share worth of greater than 500% over the previous yr, this has been a really risky identify. It’s additionally a inventory that’s down greater than 50% from its current peak, highlighting how this volatility can work in each instructions.
However with loads of money on the sidelines to assist its commercialization efforts, and that deadline upcoming (late-2027 is when TMC expects to begin manufacturing), it is a inventory I believe ought to present traders with unbelievable progress over the long run. I’m contemplating getting in on dips like this, and I believe traders will need to at the least do their homework on this speculative identify earlier than it takes off once more.
Shopify
E-commerce powerhouse Shopify (TSX:SHOP) actually wants no introduction amongst Canadian traders.
The e-commerce platform supplier has morphed into a completely spectacular money stream machine in current quarters. In actual fact, this previous yr, gross merchandise quantity hit $375 billion, with free money stream topping $2 billion and margins pushing 18%. That’s as a result of AI instruments like Sidekick supercharge retailers and create the sort of “stickiness” that every one software-as-a-service corporations are after.
Now buying and selling at lower than 65 occasions ahead earnings (one of many least expensive multiples this inventory has seen in years), Shopify is clearly not the most affordable progress inventory available in the market. However with traders keen to pay a premium a number of for this firm’s long-duration progress trajectory, I believe this a number of greater than is smart proper now. That’s, if Shopify can proceed to develop its high and backside line at an above-market price for the long run.
With a sticky client base offering a stable moat, and a $2 billion buyback program signalling Shopify’s conviction in its future prospects, I believe there’s lots to love about this inventory at its present valuation right now.
Kinaxis
Lastly, we come to Kinaxis (TSX:KXS), one other high progress choose of mine for a while.
Provide chain chaos from tariffs could lead on corporations of all sizes to hunt out options to handle by means of this time period. Because it occurs, Kinaxis is the AI repair traders want. This SaaS chief’s RapidResponse platform integrates real-time planning, powering 1,200 purchasers like Ford and P&G with 95% retention. Importantly, Kinaxis’ income progress price is on a tear, surging 15% year-over-year this previous quarter, supported by strong EBITDA margins at 28%, as AI integrations promise progress acceleration forward.
At a $5 billion market cap, that is what I’d think about a dirt-cheap inventory, given Kinaxis is now buying and selling at 23 occasions ahead earnings versus 40 occasions multiples traditionally. With the corporate’s backlog ballooning 25% final quarter, bookings up 30%, and nil debt (however $400 million money for tuck-ins), it is a inventory long-term traders want to consider.
As deglobalization spikes demand for resilient chains, Kinaxis’s 80% gross margins and 110% web retention make it recession-resistant. That’s the sort of uneven progress alternative I like proper now.