Tech shares dominated the funding panorama final yr, pushed by synthetic intelligence. Nonetheless, the AI hype has hit the ceiling and is now over. In the meantime, the Financial institution of Canada has accomplished its rate-easing cycle and is on a holding sample. Worth investing may very well be the theme in 2026, and a renaissance of worth shares is on the horizon in a gradual charge atmosphere.
Deep worth play
Rogers Communications (TSX:RCI.B) seems undervalued regardless of income development within the wi-fi, cable, and media & sports activities enterprise segments in Q3 2025. At $50.52 per share, the 5G inventory is down 5.5% within the final three months. Market analysts advocate a purchase score and see 16.8% upside potential. The 4% dividend yield compensates for the non permanent weak point.
Within the three months ending September 30, 2025, income elevated 3% year-over-year to $5.3 billion, whereas adjusted web revenue declined 5% to $726 million versus Q3 2024. In line with Tony Staffieri, President and CEO of Rogers, Wi-fi and Cable had wholesome margins.
The media and sports activities enterprise delivered sturdy double-digit income development (26%). Administration stated the world-class sports activities property stay considerably unrecognized, however Rogers commits to unlocking worth for shareholders.
As of this writing, the $27.4 billion communications and media firm holds a 75% controlling curiosity in Maple Leaf Sports activities & Leisure Ltd. (MLSE). Rogers believes the sports activities and media portfolio is a buffer for buyers. The estimate exceeds $20 billion, but it’s not mirrored within the inventory worth.
International attire chief
Gildan Activewear (TSX:GIL) is a price purchase within the client discretionary sector. The $17 billion firm has doubled in scale following the acquisition of HanesBrands in December 2025. Its President and CEO, Glenn J. Chamandy, stated the mixture of two iconic manufacturers has unlocked a strong engine for innovation and development.
“Our precedence now could be to execute a seamless, collaborative integration that allows us to totally seize the worth of our expanded platform,” Chamandy added. Gildan is thought worldwide because the producer of t-shirts. A white t-shirt, for instance, has no vogue danger and that won’t change with client tastes.
Efficiency-wise, GIL is up almost 7% year-to-date and has superior almost 28% within the final six months. At $91.69 per share, the attire inventory pays a modest 1.4% dividend. Market analysts advocate a robust purchase score, with upside potential of seven% to 37%.
Step-change in 2026
The narrative for Calian Group (TSX:CGY) has improved after administration determined to promote non-core property and implement an inner reorganization. This $716 million defence contractor has two high-margin segments: Defence & Area and Important Industries.
In line with its Chief Monetary Officer, Patrick Houston, Calian’s core segments are well-positioned for a step-change in efficiency in fiscal 2026. On the finish of This fall fiscal 2025 (three months ended September 30, 2025), the overall backlog was $1.4 billion. For the total fiscal yr, new contract signings reached $1.1 billion.
In the event you make investments right this moment, the share worth is $62.75, a brand new 52-week excessive. Analysts’ 12-month high-price goal is $70 (+12%). The return potential is increased when you embrace the 1.8% dividend.
Take your choose
Take your choose amongst Rogers Communications, Gildan, and Calian. These dividend-paying worth shares have income and revenue visibility that ought to drive share costs increased in 2026.