Regardless of trade-related considerations and macroeconomic uncertainty, just a few high-quality Canadian shares posted spectacular positive aspects final month. Whereas these shares have gained considerably in a brief span, their sturdy enterprise fashions, robust fundamentalsresilient demand, and stable execution place them effectively to outperform the broader fairness market by a large margin in 2026 and past.
With this background, listed below are two TSX shares which are nonetheless glorious buys for 2026.
TSX inventory for 2026 #1: MDA Area
MDA Area (TSX:MDA) has began 2026 with spectacular momentum. The inventory surged greater than 44% in January, reflecting renewed investor confidence and its rising share within the quickly increasing house economic system. Even after this sharp rally, MDA Area stays a compelling funding for 2026 and for the long run.
MDA Area’s expertise and options allow next-generation house infrastructure. The corporate gives superior satellite tv for pc programs, house robotics, and geointelligence options that assist each business and authorities prospects. Its applied sciences assist space-based communications networks and Earth commentary platforms — areas which are turning into more and more vital to world connectivity and nationwide safety.
The broader trade backdrop is extremely supportive for this house expertise firm. The worldwide house economic system continues to broaden at an accelerating tempo, pushed by rising demand for satellite tv for pc broadband, defence-related capabilities, and data-rich Earth commentary companies. Governments are prioritizing house as a strategic area, whereas private-sector gamers are investing closely in satellite tv for pc constellations and infrastructure to assist every thing from telecommunications to local weather monitoring. MDA Area is well-positioned inside this ecosystem.
Additional, MDA Area’s strong order backlog gives income visibility, whereas a stable steadiness sheet affords the flexibleness to put money into innovation and scale operations as demand grows. General, its technological management, robust trade tailwinds, and monetary resilience create a stable basis for sustained progress.
TSX inventory for 2026 #2: Vitality Fuels
Vitality Fuels (TSX:EFR) inventory soared over 53% final month. Regardless of the rally, the inventory stays a purchase for 2026 and a stable funding for long-term buyers. It is without doubt one of the main producers of uranium and uncommon earth components. It additionally affords different crucial supplies. This diversified publicity positions the corporate to profit from vital demand tailwinds led by decarbonization, electrification, and nationwide vitality safety.
Additional, as governments prioritize safe home provide chains, corporations like Vitality Fuels stand to profit.
Uranium stays a key driver of the funding case. Demand for domestically produced uranium stays strong, supporting beneficial pricing circumstances. Vitality Fuels’s low-cost manufacturing profile is already translating into rising revenues and wholesome money margins. As the corporate continues to enhance operational effectivity and handle prices, gross margins are anticipated to broaden additional, strengthening profitability over time.
Past uranium, Vitality Fuels is steadily increasing its uncommon earth components enterprise. It is without doubt one of the largest totally built-in rare-earth producers outdoors China, with capabilities that span oxides, metals, and alloys. This technique aligns effectively with the rising demand for uncommon earths in clear vitality applied sciences and superior manufacturing. As well as, the corporate’s proposed acquisition of Australian Strategic Supplies may additional speed up this progress and strengthen its aggressive place in world provide chains.
As Vitality Fuels ramps up its uranium initiatives and advances its rare-earth and heavy-mineral-sands initiatives, the corporate seems well-positioned to ship stable returns.