Canadian traders are all the time attempting to find these uncommon gems that may ship explosive returns amid a uneven market. With macroeconomic tailwinds like AI adoption and the EV increase accelerating, now’s the time to eye shares with rock-solid fundamentals poised for outsized progress.
Listed here are three nice progress inventory picks each investor ought to at the least be proper now.
Supply: Getty Photos
Kinaxis
With its patented RapidResponse platform, Kinaxis (TSX:KXS) has develop into a significant participant in growing world-class provide chain administration software program, which powers most of the prime Fortune 500 corporations available in the market.
Regardless of its stable buyer base and sticky revenues (and earnings), Kinaxis has been hit by market issues round software program obsolescence, because of the rise of synthetic intelligence (AI). That stated, I do assume there’s quite a bit to love concerning the firm’s long-term outlook.
Taking a look at Kinaxis’ fundamentals, the corporate delivered stable income and earnings beats this previous quarter. These outcomes had been fueled by accelerating cloud subscriptions and AI integrations like Maestro Agent Studio. On the similar time, a pristine debt/fairness ratio close to zero and web money of $380 million underscore monetary energy.
As enterprises scramble for resilient provide chains amid disruptions, Kinaxis’s high-return reinvestments and buyback program sign triple-digit upside over 5 years, particularly with software program as a service and annual recurring income momentum construct.
Now, for my favourite Canada-based small-cap inventory in The Metals Firm (NASDAQ:TMC).
Shares of TMC inventory have been extra unstable than they’ve up to now, surging and plunging on quite a few headlines. That stated, I believe that in the end the corporate’s deal with revolutionizing crucial minerals extraction by way of deep-sea polymetallic nodules within the Clarion-Clipperton Zone might present huge upside to long-term traders.
This space holds extra nickel, cobalt, and manganese than all land deposits mixed per USGS information. Thus, although the corporate is pre-revenue with detrimental EPS of -0.71, its $2.7 billion market cap pales in opposition to a possible $24 billion venture worth. It is a inventory that’s backed by stable positive aspects in 2025 and the truth that EV battery demand gained’t cease surging anytime quickly.
I believe that as the corporate nears its industrial manufacturing goal of late-2027, traders positioned bullishly in TMC inventory ought to outperform.
Shopify
Lastly, now we have Canada’s largest and most distinguished tech firm on this listing – Shopify (TSX:SHOP).
The e-commerce big crushed This fall 2025 expectations, bringing in $3.7 billion in income (up a whopping 31% year-over-year). That progress beat estimates handily. Nonetheless, the corporate’s bottom-line earnings smashed expectations by practically 25%, surging to $0.57 per share.
If Shopify can present continued enchancment within the firm’s efforts to develop into extra environment friendly and worthwhile over time, this can be a inventory that has spectacular upside. That’s to say nothing of the corporate’s AI-powered “agentic commerce,” which has spiked AI-originated orders 15-fold.
The underside line is that over the long run, I view Shopify as a compounder (a shopping for alternative on drawdowns). This current drawdown is not any totally different, and doesn’t change my long-term thesis on this title.