Want to Beat the Market in 2026? 3 Stocks to Buy Early This Year

Canadian investors looking for growth and resilience in 2026 have a number of excellent options to choose from. In fact, there are too many to include in one piece.

That said, I’ve got three top TSX heavyweights on this list boasting rock-solid fundamentals that position these companies for outsized returns amid economic uncertainty.

For those who want in, let’s dive in!

Shopify

Shopify’s (TSX:SHOP) e-commerce empire is firing on all cylinders.

With analysts projecting 30% revenue growth for Q1 2026 and gross profit expected to surge 27% year-over-year, there’s a lot to like about this growth stock’s long-term outlook.

Perhaps more importantly, Shopify’s balance sheet shines with a debt-to-equity ratio of just 0.09, a current ratio of 3.9, net margin of 16.7%, and gross margin at 48.8%. These metrics combined have fueled very impressive low-to-mid-teens free cash flow margins. Analysts love Shopify for these reasons and others, with the e-commerce platform provider remaining a strong buy with price targets that suggest plenty of price appreciation is ahead.

I agree.

Restaurant Brands

The powerhouse behind Burger King, Tim Horton’s, Popeye’s and other fast food franchises, Restaurant Brands (TSX:QSR) is one of my top defensive picks for investors in 2026.

Indeed, I expect we’ll see a flood of investor capital looking for capital-oriented businesses with solid brands and loyal customer bases. Restaurant Brands checks all boxes on this front.

The company crushed Q4 2025 estimates, bringing in $0.96 in earnings per share versus $0.94 expected. Impressively, that number is up from $0.81 last year, and reaffirmed 3.5% annual revenue growth to $10.1 billion by 2028. Furthermore, the company is committing over $1.6 billion in 2026 capital returns via a $2.60 annual dividend (3.78% yield) and buybacks. These payouts are backed by consistent beats like Q3’s 3% EPS surprise.

Sure, Restaurant Brands’ debt-to-equity ratio sits at 3 times with interest coverage of 4.3 times. However, shrinking leverage and 11 years of dividend hikes make it a defensive dividend dynamo.

Agnico Eagle Mines

With a solid run in precious metals continuing, Agnico Eagle Mines (TSX:AEM) remains one of my top options for investors looking to ride this bull market to new highs.

Operationally, Agnico is one of the best in its sector. This past quarter, the company reported $2.69 adjusted EPS (beating $2.56) and $3.6 billion in revenue (10% over estimates). Importantly, 2026 gold production guidance came in at 3.3–3.5 million ounces. That suggests plenty of revenue and earnings growth could be ahead, and this company’s valuation is simply too low.

Any time I see a situation like this where fundamentals scream strength, I have to take a deeper look. And despite the stock price surge investors see above, the company’s fortress balance sheet with $2.7 billion net cash should provide insulation to future downturns, if we do see gold prices eventually take a breather.

This is a long-term holding worth considering, in my view.

The post Want to Beat the Market in 2026? 3 Stocks to Buy Early This Year appeared first on The Motley Fool Canada.

Should you invest $1,000 in Agnico Eagle Mines right now?

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The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and Agnico Eagle Mines wasn’t 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 “eBay of Latin America” at the time of our recommendation, you’d have $20,155.76!*

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* Returns as of February 17th, 2026

More reading

• The Top 3 Canadian AI Stocks I’d Buy in 2026
• Buy, Buy, Buy: 3 Stocks You Should Dollar-Cost-Average Into in 2026
• 3 TSX Superstars That Could Beat the Market in 2026 (Get in Now)
• This TSX Stock Has Already Soared 41% in 2026: Can it Keep Going?
• Market Turbulence Forecast in 2026: Rush to Shelter With 3 Handpicked TSX Stocks

Fool contributor Chris MacDonald has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends Restaurant Brands International. The Motley Fool has a disclosure policy.