The fairness markets are at present navigating a interval of heightened geopolitical uncertainty. On the identical time, considerations about excessive inflation and strain on shopper spending are creating further challenges. Regardless of these headwinds, a number of high-quality TSX shares stay compelling alternatives. Specifically, quite a few essentially robust corporations are nonetheless buying and selling beneath $50 and have room to run.
Many of those Canadian shares are positioned to learn from sturdy demand developments and strong execution.
Towards this backdrop, listed here are two TSX shares buying and selling beneath $50 with vital upside.
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Beneath $50 TSX inventory #1: Fowl Development
Fowl Development (TSX:BDT) is likely one of the high TSX shares buying and selling beneath $50 with vital upside. The corporate is a number one development and upkeep supplier in Canada, with operations spanning civil infrastructure, industrial tasks, and defence-related work, segments that have a tendency to learn from sustained authorities and institutional funding.
Over the previous three years, Fowl Development has delivered distinctive returns to shareholders. The inventory has generated whole positive aspects exceeding 395%, representing a median annualized return of greater than 70%. Regardless of macroeconomic pressures affecting components of the broader development sector, the corporate has continued to display operational resilience whereas positioning itself for future growth.
Supporting Fowl’s development outlook is its substantial challenge pipeline. In 2025, the corporate reported a mixed backlog and pending backlog of greater than $11 billion. This huge order ebook offers vital income visibility over the approaching years and displays robust demand throughout its core markets. A lot of this demand is pushed by structural elements, reminiscent of elevated public infrastructure spending, vitality transition initiatives, and government-backed defence tasks, which generate secure, multi-year challenge exercise.
Financially, Fowl Development maintains a strong stability sheet, which boosts each stability and strategic flexibility. Its capital place permits administration to pursue selective acquisitions that develop its goal market and strengthen long-term development prospects whereas sustaining monetary self-discipline.
General, Fowl Development’s sturdy backlog, publicity to Canada’s infrastructure growth, and long-term income visibility place the corporate as a compelling funding alternative with significant upside potential.
Beneath $50 TSX inventory #2: SECURE Waste Infrastructure
SECURE Waste Infrastructure (TSX:SES) is one other enticing long-term inventory that’s buying and selling beneath $50. The corporate operates throughout waste administration and vitality infrastructure, delivering companies that assist recurring income streams and constant money flows. This enterprise mannequin offers resilience and stability throughout market cycles, positioning it for long-term development.
SECURE Waste shares have grown at a median annualized charge of roughly 55% over the previous three years, producing whole positive aspects exceeding 272%. SECURE’s development displays robust operational efficiency and investor confidence within the firm’s long-term technique.
Current tariff-related uncertainty has weighed on the corporate’s metals recycling section, however these pressures are momentary. SECURE Waste continues to learn from robust momentum in its core waste administration and infrastructure companies, which stay the first development drivers for the corporate.
As well as, SECURE Waste maintains a pipeline of long-duration infrastructure tasks which can be anticipated to assist sustained growth. As these tasks change into operational, they’re anticipated to meaningfully contribute to earnings, with a notable enhance in adjusted EBITDA anticipated starting in 2026.
Trying forward, SECURE plans to proceed investing in high-return natural development alternatives whereas increasing its infrastructure community to fulfill rising buyer demand. On the identical time, a possible restoration within the metals recycling section may present incremental earnings assist and additional strengthen total development prospects. Collectively, these elements place SECURE Waste Infrastructure to ship enticing long-term returns for traders.
