Top Canadian Stocks to Buy With $10,000 in 2026
Alex Smith
1 day ago
Today, $10,000 is sufficient capital to buy the top Canadian stocks even amid an unpredictable investment landscape. Four names stand out in 2026 if you want to create a powerful stock portfolio to navigate the current environment.
Oil bellwether
Suncor Energy (TSX:SU) is suitable for income or value investors. Also, energy is the top-performing sector thus far this year. This top-tier oil majorâs market-beating return is +28.63% versus the broad marketâs +4.9% year to date. At $77.76 per share, SU pays a 3.09% dividend (quarterly payout).
The $92.3 billion integrated energy company is an oil sands titan (upstream) and an oil mover (midstream). It owns four refineries that convert crude oil into gasoline, diesel, and jet fuel. Petro-Canada, Suncorâs marketing and retail arm, completes the integrated business model.
While the net earnings of $4.2 billion in 2025 are 3.5% lower than in 2024, it was another record-breaking year for Suncor. Also, free funds flow in Q4 was $1.7 billion. The bull case for Suncor Energy right now is its low break-even oil price of US$40 per barrel. Currently, the West Texas Intermediate crude price ranges from US$83 to US$84 per barrel.
Defensive stability
Telco stocks are back in investorsâ radars for defensive stability. Industry giant BCE (TSX:BCE) is up nearly 10% year to date. At $35.88 per share, the dividend offer is 4.88%. The $33.5 billion communications company is a safer income play now following the 56% dividend cut in May 2025. Notably, the payout ratio is down to 34% from more than 100%.
BCE met all its financial guidance targets in 2025. In the 12 months ending December 31, 2025, net earnings rose 1,637% year over year to $6.5 billion, aided by the sale of the minority stake in Maple Leaf Sports and Entertainment (MLSE). Free cash flow (FCF) increased 10% to $3.2 billion from a year ago.
According to its president and CEO, Mirko Bibic, BCE is well-positioned to drive sustainable free cash flow growth and deliver long-term returns for shareholders.
Strong buy
MDA Space (TSX:MDA) is a âstrong buyâ for growth investors. The $5.6 billion space technology boasts revenue visibility and a robust Satellite Systems business. At $44.47 per share, current investors enjoy a mouth-watering 67% year-to-date gain. The aerospace stock ranked 15th in the 2025 TSX30 List, the flagship program for Canadaâs 30 top-performing stocks.
In 2025, net income increased 37% year over year to $108.5 million, while revenue climbed 51% to a record $1.63 billion. At the end of Q4 2025, the total backlog is $4 billion. MDA Space is building the next generation of space capabilities. Its CEO, Mike Greenley, added that market demand for MDA Spaceâs dual-use, production-ready products and services drives new opportunities.
Potential compounding machine
Brookfield Corporation (TSX:BN) flies under the radar. The $127 billion global investment firm invests in three core segments: Asset Management, Wealth Solutions, and Operating Businesses. The third generates resilient and growing cash flows.
According to management, the perpetual, flexible capital base allows Brookfield to pursue highly accretive growth at scale, accelerate business expansion, and buy or build new businesses. The company commits to deliver annualized returns of 15% or more over the long term. BN trades at $56.62 per share and pays a modest 0.67% dividend.
Balanced portfolio
Consider allocating $10,000 across the four Canadian stocks rather than concentrating risk in one or two. By doing so, you create a portfolio with cash flow resilience and futuristic growth.
The post Top Canadian Stocks to Buy With $10,000 in 2026 appeared first on The Motley Fool Canada.
Should you invest $1,000 in BCE Inc. right now?
Before you buy stock in BCE Inc., consider this:
The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026⦠and BCE Inc. wasnât one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.
Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the âeBay of Latin Americaâ at the time of our recommendation, youâd have $20,155.76!*
Now, it’s worth noting Stock Advisor Canada’s total average return is 90%* – a market-crushing outperformance compared to 81%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!
Get the 10 stocks instantly #start_btn6 { background: #0e6d04 none repeat scroll 0 0; color: #fff; font-size: 1.2em; font-family: 'Montserrat', sans-serif; font-weight: 600; height: auto; line-height: 1.2em; margin: 30px 0; max-width: 350px; text-align: center; width: auto; box-shadow: 0 1px 0 rgba(0, 0, 0, 0.5), 0 1px 0 #fff inset, 0 0 2px rgba(0, 0, 0, 0.2); border-radius: 5px; } #start_btn6 a { color: #fff; display: block; padding: 20px; padding-right:1em; padding-left:1em; } #start_btn6 a:hover { background: #FFE300 none repeat scroll 0 0; color: #000; } @media (max-width: 480px) { div#start_btn6 { font-size:1.1em; max-width: 320px;} } margin_bottom_5 { margin-bottom:5px; } margin_top_10 { margin-top:10px; }* Returns as of February 17th, 2026
More reading
- TFSA: 3 Canadian Stocks That Are Perfection With a $7,000 TFSA Investment
- Should You Buy BCE Stock for Its 5%-Yielding Dividend?
- Got $2,000? 2 Top Growth Stocks to Buy That Could Double Your Money
- 1 Canadian Stock I’d Happily Hold in a TFSA Forever
- 2 High-Yield Dividend Stocks Worth Holding for at Least a Decade
Fool contributor Christopher Liew has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Brookfield. The Motley Fool recommends Brookfield Corporation and MDA Space. The Motley Fool has a disclosure policy.
Related Articles
How to Use Your TFSA to Average $2400 Per Year in Tax-Free Passive Income
Income-seeking investors should consider these picks to build a tax-free passive...
Where I’d Put $10,000 in Canadian Stocks Right Now
A $10,000 market position spread across three reliable dividend payers is a stra...
1 Undervalued Canadian Stock Quietly Gearing Up for 2026
Let's dive into why Suncor (TSX:SU) looks like one of the top no-brainer picks f...
The Best Stocks to Invest $1,000 in Right Now
These top stocks combine diversification, durable business models, and long-term...