Best stocks to buy right now in Canada

We've got our eyes on the 20 best Canadian stocks to buy right now.

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Mackenzie Domazet

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Finder’s list of the best stocks to buy right now in Canada is updated monthly based on the results of our proprietary ranking system. These 20 best Canadian stocks (also known as the best TSX stocks) are starting points for your own research and should not be taken as advice to buy any particular stock.

Key takeaways

  • Over the past month, the technology and consumer staples sectors have grown in Canada, while the energy and communications sectors have dipped.
  • The S&P/TSX Composite Index has gone down around 0.3% over the past month but has yielded slightly positive year-to-date returns of 0.46%.
  • The best Canadian stocks depend on your investment goals, time frame and risk tolerance. Speak with an investment advisor if you’re not sure where to start.

Best stocks to buy right now in Canada (May 2025)

Here’s a quick view of 10 of the best Canadian stocks to buy right now. Get more details below.

Best stockStock priceMarket capYTD performanceBuy now on Moomoo
North West Company (NWC) C$56.97 C$2.7 billion

74.29%

Buy now
Agnico Eagle Mines (AEM) C$161.74 C$81.3 billion

71.92%

Buy now
Hut 8 Mining (HUT) C$23.27 C$2.4 billion

16%

Buy now
Hydro One Ltd (H) C$50.63 C$30.3 billion

75.33%

Buy now
Fairfax Financial Holdings (FFH) C$2,322.99 C$51.4 billion

433.06%

Buy now
Constellation Software (CSU) C$4,858.80 C$102.6 billion

197.37%

Buy now
Endeavour Mining (EDV) C$42.02 C$10.2 billion

32.85%

Buy now
TransAlta (TA) C$12.62 C$3.7 billion

30.37%

Buy now
Valeura Energy (VLE) C$7.55 C$793.6 million

1300%

Buy now
Orla Mining (OLA) C$14.31 C$4.5 billion

102.98%

Buy now

Our top picks for where to buy the best Canadian stocks

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More of the best stocks to buy in Canada right now

North West Company Inc (NWC.TO)

The North West Company Inc., through its subsidiaries, engages in the retail of food and everyday products and services in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.
Its last market close was C$56.97—an increase of 0.16% over the previous week. North West Company Inc employs 7,003 staff, has a trailing 12-month revenue of around C$2.58 billion and has a market cap (total outstanding shares value) of C$2.73 billion.
NWC.TO performance
YTD performance 74.29%
1 Year performance 53.1%
Market cap C$2.73 billion
Revenue C$2.58 billion
P/E ratio 20.13
Operating margin 8.99%
Headquarters Canada

Agnico Eagle Mines Limited (AEM.TO)

Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, zinc, and copper.
Its last market close was C$161.74—an increase of 3.18% over the previous week. Agnico Eagle Mines Limited has a trailing 12-month revenue of around C$8.93 billion and a market cap (total outstanding shares value) of C$81.31 billion.
AEM.TO performance
YTD performance 71.92%
1 Year performance 82.06%
Market cap C$81.31 billion
Revenue C$8.93 billion
P/E ratio 24.77
Operating margin 50.09%
Headquarters Canada

Hut 8 Mining Corp. Common Shares (HUT.TO)

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America.
Its last market close was C$23.27—a decrease of 0.64% over the previous week. Hut 8 Mining Corp. Common Shares employs 222 staff, has a trailing 12-month revenue of around C$132.46 million and has a market cap (total outstanding shares value) of C$2.41 billion.
HUT.TO performance
YTD performance 16%
1 Year performance 93.34%
Market cap C$2.41 billion
Revenue C$132.46 million
P/E ratio N/A
Operating margin -658.7%
Headquarters USA

Hydro One Ltd (H.TO)

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other.
Its last market close was C$50.63—a decrease of 0.06% over the previous week. Hydro One Ltd employs 7,261 staff, has a trailing 12-month revenue of around C$8.73 billion and has a market cap (total outstanding shares value) of C$30.34 billion.
H.TO performance
YTD performance 75.33%
1 Year performance 31.71%
Market cap C$30.34 billion
Revenue C$8.73 billion
P/E ratio 24.92
Operating margin 24.59%
Headquarters Canada

Fairfax Financial Holdings Ltd (FFH.TO)

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, the Middle East, Asia, and internationally. It operates through Property and Casualty Insurance and Reinsurance; Life insurance and Run-off; and Non-Insurance Companies segments.
Its last market close was C$2,322.99—an increase of 1.92% over the previous week. Fairfax Financial Holdings Ltd has a trailing 12-month revenue of around C$36.14 billion and a market cap (total outstanding shares value) of C$51.44 billion.
FFH.TO performance
YTD performance 433.06%
1 Year performance 60.97%
Market cap C$51.44 billion
Revenue C$36.14 billion
P/E ratio 9.62
Operating margin 14.38%
Headquarters Canada

Constellation Software Inc. (CSU.TO)

Constellation Software Inc., together with its subsidiaries, acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets. It is involved in the software licensing; and sale of hardware activities.
Its last market close was C$4,858.80—a decrease of 3.8% over the previous week. Constellation Software Inc. has a trailing 12-month revenue of around C$10.37 billion and a market cap (total outstanding shares value) of C$102.59 billion.
CSU.TO performance
YTD performance 197.37%
1 Year performance 30.62%
Market cap C$102.59 billion
Revenue C$10.37 billion
P/E ratio 100.00
Operating margin 14.66%
Headquarters Canada

Endeavour Mining Corp (EDV.TO)

Endeavour Mining plc, together with its subsidiaries, operates as a multi-asset gold producer in West Africa. The company is based in London, the United Kingdom..
Its last market close was C$42.02—an increase of 6.11% over the previous week. Endeavour Mining Corp employs 5,659 staff, has a trailing 12-month revenue of around C$3.25 billion and has a market cap (total outstanding shares value) of C$10.18 billion.
EDV.TO performance
YTD performance 32.85%
1 Year performance 63.58%
Market cap C$10.18 billion
Revenue C$3.25 billion
P/E ratio N/A
Operating margin 46.38%
Headquarters Canada

TransAlta Corp (TA.TO)

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments.
Its last market close was C$12.62—a decrease of 0.86% over the previous week. TransAlta Corp employs 1,165 staff, has a trailing 12-month revenue of around C$2.66 billion and has a market cap (total outstanding shares value) of C$3.73 billion.
TA.TO performance
YTD performance 30.37%
1 Year performance 33.98%
Market cap C$3.73 billion
Revenue C$2.66 billion
P/E ratio 628.00
Operating margin 14.25%
Headquarters Canada

Valeura Energy Inc (VLE.TO)

Valeura Energy Inc., together with its subsidiaries, engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey. The company was founded in 2010 and is headquartered in Singapore..
Its last market close was C$7.55—an increase of 2.17% over the previous week. Valeura Energy Inc employs 189 staff, has a trailing 12-month revenue of around C$682.54 million and has a market cap (total outstanding shares value) of C$793.63 million.
VLE.TO performance
YTD performance 1300%
1 Year performance 87.6%
Market cap C$793.63 million
Revenue C$682.54 million
P/E ratio 2.50
Operating margin 38.65%
Headquarters Canada

Orla Mining Ltd (OLA.TO)

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties.
Its last market close was C$14.31—an increase of 7.67% over the previous week. Orla Mining Ltd employs 354 staff, has a trailing 12-month revenue of around C$417.32 million and has a market cap (total outstanding shares value) of C$4.51 billion.
OLA.TO performance
YTD performance 102.98%
1 Year performance 208.41%
Market cap C$4.51 billion
Revenue C$417.32 million
P/E ratio N/A
Operating margin 31.11%
Headquarters Canada

Terravest Capital Inc (TVK.TO)

TerraVest Industries Inc. manufactures and sells goods and services to agriculture, mining, energy production and distribution, chemical, utilities, transportation and construction, and other markets in Canada, the United States, and internationally.
Its last market close was C$164.00—a decrease of 1.15% over the previous week. Terravest Capital Inc employs 1,939 staff, has a trailing 12-month revenue of around C$1.02 billion and has a market cap (total outstanding shares value) of C$3.17 billion.
TVK.TO performance
YTD performance 918.82%
1 Year performance 137.7%
Market cap C$3.17 billion
Revenue C$1.02 billion
P/E ratio 40.80
Operating margin 14.97%
Headquarters Canada

WildBrain Ltd. (WILD.TO)

WildBrain Ltd. engages in the development, production, and distribution of films and television programs in Canada, the United States, the United Kingdom, and internationally.
Its last market close was C$2.01—an increase of 2.03% over the previous week. WildBrain Ltd. employs 548 staff, has a trailing 12-month revenue of around C$505.37 million and has a market cap (total outstanding shares value) of C$418.26 million.
WILD.TO performance
YTD performance 18.24%
1 Year performance 118.48%
Market cap C$418.26 million
Revenue C$505.37 million
P/E ratio N/A
Operating margin 10.81%
Headquarters Canada

CI Financial Corp (CIX.TO)

CI Financial Corp. is a publicly owned asset management holding company.
Its last market close was C$31.40—a decrease of 0.06% over the previous week. CI Financial Corp has a trailing 12-month revenue of around C$3.85 billion and a market cap (total outstanding shares value) of C$4.51 billion.
CIX.TO performance
YTD performance 99.37%
1 Year performance 124.13%
Market cap C$4.51 billion
Revenue C$3.85 billion
P/E ratio N/A
Operating margin 18.59%
Headquarters Canada

Celestica Inc. (CLS.TO)

Celestica Inc., together with its subsidiaries, provides supply chain solutions in North America, Europe, and Asia. It operates through two segments, Advanced Technology Solutions, and Connectivity and Cloud Solutions.
Its last market close was C$169.21—an increase of 7.94% over the previous week. Celestica Inc. employs 21,914 staff, has a trailing 12-month revenue of around C$10.09 billion and has a market cap (total outstanding shares value) of C$18.86 billion.
CLS.TO performance
YTD performance 1494.3%
1 Year performance 186.13%
Market cap C$18.86 billion
Revenue C$10.09 billion
P/E ratio 33.00
Operating margin 5.01%
Headquarters Canada

Calibre Mining Corp (CXB.TO)

Calibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties. The company explores for gold and silver deposits.
Its last market close was C$3.25—an increase of 4.5% over the previous week. Calibre Mining Corp has a trailing 12-month revenue of around C$656.6 million and a market cap (total outstanding shares value) of C$2.76 billion.
CXB.TO performance
YTD performance 34.46%
1 Year performance 84.98%
Market cap C$2.76 billion
Revenue C$656.6 million
P/E ratio 32.10
Operating margin 31.52%
Headquarters Canada

Dundee Precious Metals Inc (DPM.TO)

Dundee Precious Metals Inc., a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits.
Its last market close was C$20.95—an increase of 8.38% over the previous week. Dundee Precious Metals Inc has a trailing 12-month revenue of around C$627.35 million and a market cap (total outstanding shares value) of C$3.54 billion.
DPM.TO performance
YTD performance 118.01%
1 Year performance 96.68%
Market cap C$3.54 billion
Revenue C$627.35 million
P/E ratio 11.45
Operating margin 38.3%
Headquarters Canada

Dexterra Group Inc (DXT.TO)

Dexterra Group Inc. engages in the provision of support services for the creation, management, and operation of infrastructure in Canada.
Its last market close was C$8.74—an increase of 1.63% over the previous week. Dexterra Group Inc employs 8,157 staff, has a trailing 12-month revenue of around C$1.02 billion and has a market cap (total outstanding shares value) of C$536.16 million.
DXT.TO performance
YTD performance 30.69%
1 Year performance 63.36%
Market cap C$536.16 million
Revenue C$1.02 billion
P/E ratio 13.23
Operating margin 5.52%
Headquarters Canada

Element Fleet Management Corp (EFN.TO)

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand.
Its last market close was C$32.79—a decrease of 0.67% over the previous week. Element Fleet Management Corp employs 2,900 staff, has a trailing 12-month revenue of around C$1.66 billion and has a market cap (total outstanding shares value) of C$13.12 billion.
EFN.TO performance
YTD performance 142.64%
1 Year performance 38.07%
Market cap C$13.12 billion
Revenue C$1.66 billion
P/E ratio 24.19
Operating margin 31.98%
Headquarters Canada

Gildan Activewear Inc. (GIL.TO)

Gildan Activewear Inc. manufactures and sells various apparel products.
Its last market close was C$69.36—a decrease of 0.73% over the previous week. Gildan Activewear Inc. employs 50,000 staff, has a trailing 12-month revenue of around C$3.29 billion and has a market cap (total outstanding shares value) of C$10.18 billion.
GIL.TO performance
YTD performance 87.8%
1 Year performance 35.8%
Market cap C$10.18 billion
Revenue C$3.29 billion
P/E ratio 19.00
Operating margin 17.9%
Headquarters Canada

Aritzia Inc (ATZ.TO)

Aritzia Inc., together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and vests, dresses, intimates and shapewear, jackets and coats, jeans, jumpsuits and rompers, leggings and bike shorts, bodysuits, tanks, pants, shirts and blouses, shorts, skirts, sweaters and cardigans, sweatpants, sweatshirts and hoodies, and sweats, as well as t-shirts, and tops.
Its last market close was C$67.00—an increase of 2.27% over the previous week. Aritzia Inc has a trailing 12-month revenue of around C$2.74 billion and a market cap (total outstanding shares value) of C$7.33 billion.
ATZ.TO performance
YTD performance 148.08%
1 Year performance 101.06%
Market cap C$7.33 billion
Revenue C$2.74 billion
P/E ratio 35.96
Operating margin 13.04%
Headquarters Canada

What you should know before buying the best Canadian stocks

There’s no single winning strategy to finding what experts might call the best stocks to buy right now in Canada, because the most important considerations are your own goals and circumstances.

Our list of the best Canadian stocks is not personal financial advice; we have not considered your personal objectives and financial situation. Do your own research, and speak with an investment professional if in doubt.

Whether you care more about short-term capital gains or long-term dividend growth, it’s important to know what risk you’re comfortable with and whether a stock is performing well, making a profit, paying dividends or losing value. Past performance does not guarantee future results. Investments can increase and decrease in value.

This list and data was compiled May 1, 2025. The algorithm was last updated January 27, 2021.

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FAQs about the best TSX stocks to buy right now

Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.

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Mackenzie Domazet's headshot
Publisher

Mackenzie Domazet is a Senior SEO Strategist at Forbes Advisor and former investments publisher at Finder. She has worked at one of Canada’s largest financial institutions, as well as one of the country's fastest growing fintech companies. She also films videos for the Investment Finder YouTube channel, where she explains financial concepts, reviews trading platforms and more. An active growth investor, Mackenzie has been investing on her own since she was 18. She has a bachelor’s degree in business and is an avid runner and reader. See full bio

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Associate editor

Stacie Hurst is an editor at Finder, specializing in loans, banking, investing and money transfers. She has a Bachelor of Arts in Psychology and Writing, and she has completed FP Canada Institute's Financial Management Course. Before working in the publishing industry, Stacie completed one year of law school in the United States. When not working, she can usually be found watching K-dramas or playing games with her friends and family. See full bio

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