Turning $100,000 into $1 million could seem formidable, however it’s mathematically doable. Keep in mind, the journey to one million isn’t a get-rich-quick scheme. You need to give your chosen shares time and the prospect to make it a actuality.
Reaching the aim in 21 years is sensible, supplied the common annual return is 12%. Nevertheless, given their historic efficiency, Shopify (TSX:SHOP) and Hammond Energy Options (TSX:HPS.A) may also help attain the target a lot sooner or in 10 years. Each development shares are TSX30 winners.
Shopify gained in 2019 (2nd), 2020 (1st), and 2021 (2nd), whereas Hammond took the highest spot in 2024 after which positioned third in 2025. Had you invested a decade in the past, SHOP and HPS.A would have rewarded you with a complete optimistic return of 6,736% and 4,001.5%, respectively.
The acute good points are compelling causes to speculate $50,000 every in Shopify and Hammond Energy Options. Sadly, a repeat efficiency from 2026 to 2035 isn’t assured as a result of neither is low threat. Each have robust upside potential, however their threat scores are from medium to very excessive.
Rollercoaster
Shopify has but to disengage from its rollercoaster picture. TSX’s tech famous person and second-largest firm by market capitalization ranked excessive on the TSX30 Listing for 3 consecutive years. It misplaced favour with traders following the 2022 tech crash.
SHOP is again in centrestage in 2025 after reporting spectacular income development and sustained profitability within the first and second quarters. The $304.2 billion all-in-one e-commerce platform even unseated the Royal Financial institution of Canada briefly in June this yr because the TSX’s Most worthy firm.
As of this writing, the share value is $233.38. A vivid spot is the 9 consecutive quarters of double-digit free money stream (FCF) margins. Jeff Hoffmeister, Chief Monetary Officer of Shopify, stated, “We’re not simply rising—we’re delivering constant development and profitability, quarter after quarter. Q3 was a standout quarter with income development and FCF margins each surpassing our sturdy Q2 efficiency.”
Energy participant
Hammond Energy is considerably smaller than Shopify by way of market cap. Nevertheless, the small-cap inventory has delivered huge good points of 739.2% in three years, a plus-103.2% compound annual development charge (CAGR). For those who make investments immediately, the share value $160.88, with a modest dividend yield of 0.7%.
The $1.9 billion firm is the main producer of dry-type transformers, together with energy high quality merchandise. Observe that Hammond is concerned within the electrification of virtually all the things. A everlasting tailwind is the explosion of synthetic intelligence (AI) and information centres.
In line with its CEO, Adrian Thomas, information centre exercise accelerated in Q3 2025, and Hammond acquired substantial orders. As of September 30, 2025, the whole backlog is $384 billion, and 53% of the orders are information centre initiatives. Information centres want specialised transformers and an enormous quantity of electrical energy to run AI chips.
Along with future earnings visibility, Hammond has ample room for dividend development due to surging income. Within the first three quarters of 2025, web earnings elevated 19% year-over-year to $57 million.
Don’t anticipate clean crusing
Shopify and Hammond Energy Options may also help you in your journey to $1 million, though it gained’t be clean crusing. A particular benefit is that they each function within the AI world. SHOP powers development throughout the total spectrum of commerce, whereas HPS.A offers energy infrastructure for information centres.
