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Top Canadian Stocks to Buy With $10,000 in 2026

Alex Smith

Alex Smith

2 hours ago

5 min read 👁 1 views
Top Canadian Stocks to Buy With $10,000 in 2026

People who have only heard the names of big stock market investors and the money they make might think that you must have millions to invest in the market to become successful. However, even an amount as small as $10,000 can be a great place to start building a self-directed portfolio of high-quality stocks.

By investing an amount like this carefully and remaining invested, you can grow the value of your portfolio significantly over the years. The key to success is identifying companies with strong fundamentals, resilient businesses, solid long-term demand, and growth potential. Against this backdrop, here are two Canadian stocks that I would advise keeping on your radar if they are not already a part of your portfolio.

Celestica

Celestica (TSX:CLS) is a $64.89 billion market cap TSX stock that is involved in providing supply chain solutions to service providers and manufacturers worldwide. Its advanced, tech-based solutions have made it one of the most talked-about tech stocks these days. Its solutions help clients across several markets, including defence, aerospace, data centres, industrials, and cloud computing.

Its AI infrastructure is its biggest growth engine right now. Companies worldwide are increasing investments in this space, putting Celestica in the right place at the right time. As it becomes increasingly important in the AI infrastructure space, Celestica might be looking at significant growth in the coming years.

As of this writing, CLS stock trades for $546.36 per share. Down by 4.55% from its 52-week high, it might be wise to wait for further declines before investing in its shares.

MDA Space

MDA Space (TSX:MDA) is another tech stock, but it offers exposure to a completely different space. The $6.10 billion market-cap firm is an international space mission partner company. It provides advanced tech, solutions, and services to the growing global space industry. If you are looking for a place to park your money to watch it grow, MDA Space might be a good investment to consider.

The company has a diversified revenue base, and the growing demand for space-enabled connectivity is setting the company up for a strong future. The company’s satellite systems business will benefit from the increasing requirements for reliable communications infrastructure. Simultaneously, private and public investments in space exploration will likely improve things further for the business.

As of this writing, MDA Space stock trades for $44 per share. Down by 13.69% from its 52-week high, it might be a good time to invest in its shares at current levels.

Foolish takeaway

Amid a volatile stock market environment, it can be difficult to consider investing in the stock market, especially in tech stocks. However, not all tech stocks are the same. Celestica’s crucial role in manufacturing and supply chains, and MDA Space’s offering of exposure to a high-growth industry.

While short-term challenges might cause downturns, the two stocks boast strong long-term growth prospects that can make them big winners for investors down the line. That said, it’s important to remember not to put all your eggs in one or two baskets.

If you have $10,000 to invest, I would advise allocating a portion of it to these two stocks and diversifying the rest across other high-quality TSX stocks from different sectors of the economy.

The post Top Canadian Stocks to Buy With $10,000 in 2026 appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Celestica and MDA Space. The Motley Fool has a disclosure policy.

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