The fairness markets are presently navigating a interval of heightened geopolitical uncertainty. On the identical time, considerations about excessive inflation and strain on shopper spending are creating extra challenges. Regardless of these headwinds, a number of high-quality TSX shares stay compelling alternatives. Specifically, quite a few essentially sturdy firms are nonetheless buying and selling underneath $50 and have room to run.
Many of those Canadian shares are positioned to profit from sturdy demand tendencies and stable execution.
In opposition to this backdrop, listed below are two TSX shares buying and selling underneath $50 with important upside.
Supply: Getty Pictures
Below $50 TSX inventory #1: Chook Development
Chook Development (TSX:BDT) is without doubt one of the prime TSX shares buying and selling underneath $50 with important 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 profit from sustained authorities and institutional funding.
Over the previous three years, Chook Development has delivered distinctive returns to shareholders. The inventory has generated whole positive factors exceeding 395%, representing a mean annualized return of greater than 70%. Regardless of macroeconomic pressures affecting elements of the broader development sector, the corporate has continued to reveal operational resilience whereas positioning itself for future enlargement.
Supporting Chook’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 massive order e-book offers important income visibility over the approaching years and displays sturdy demand throughout its core markets. A lot of this demand is pushed by structural components, akin to elevated public infrastructure spending, vitality transition initiatives, and government-backed defence tasks, which generate steady, multi-year challenge exercise.
Financially, Chook Development maintains a stable stability sheet, which reinforces 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.
Total, Chook Development’s sturdy backlog, publicity to Canada’s infrastructure enlargement, and long-term income visibility place the corporate as a compelling funding alternative with significant upside potential.
Below $50 TSX inventory #2: SECURE Waste Infrastructure
SECURE Waste Infrastructure (TSX:SES) is one other engaging long-term inventory that’s buying and selling underneath $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 mean annualized fee of roughly 55% over the previous three years, producing whole positive factors exceeding 272%. SECURE’s development displays sturdy operational efficiency and investor confidence within the firm’s long-term technique.
Latest tariff-related uncertainty has weighed on the corporate’s metals recycling section, however these pressures are non permanent. SECURE Waste continues to profit from sturdy 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 enlargement. As these tasks turn out to be operational, they’re anticipated to meaningfully contribute to earnings, with a notable enhance in adjusted EBITDA anticipated starting in 2026.
Wanting forward, SECURE plans to proceed investing in high-return natural development alternatives whereas increasing its infrastructure community to satisfy rising buyer demand. On the identical time, a possible restoration within the metals recycling section might present incremental earnings assist and additional strengthen general development prospects. Collectively, these components place SECURE Waste Infrastructure to ship engaging long-term returns for buyers.
