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 fundamentals, resilient 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 here are two TSX shares which can be nonetheless wonderful 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 area economic system. Even after this sharp rally, MDA Area stays a compelling funding for 2026 and for the long run.
MDA Area’s know-how and options allow next-generation area infrastructure. The corporate gives superior satellite tv for pc techniques, area robotics, and geointelligence options that help each industrial and authorities clients. Its applied sciences help space-based communications networks and Earth statement platforms — areas which can be changing into more and more necessary to world connectivity and nationwide safety.
The broader business backdrop is very supportive for this area know-how firm. The worldwide area 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 statement providers. Governments are prioritizing area as a strategic area, whereas private-sector gamers are investing closely in satellite tv for pc constellations and infrastructure to help every thing from telecommunications to local weather monitoring. MDA Area is well-positioned inside this ecosystem.
Additional, MDA Area’s sturdy order backlog gives income visibility, whereas a stable steadiness sheet provides the flexibleness to put money into innovation and scale operations as demand grows. General, its technological management, robust business tailwinds, and monetary resilience create a stable basis for sustained development.
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 traders. It is without doubt one of the main producers of uranium and uncommon earth parts. It additionally provides different essential supplies. This diversified publicity positions the corporate to learn 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 learn.
Uranium stays a key driver of the funding case. Demand for domestically produced uranium stays sturdy, 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 parts enterprise. It is without doubt one of the largest absolutely built-in rare-earth producers exterior 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 might additional speed up this development and strengthen its aggressive place in world provide chains.
As Vitality Fuels ramps up its uranium tasks and advances its rare-earth and heavy-mineral-sands initiatives, the corporate seems well-positioned to ship stable returns.
