The S&P/TSX Composite Index ended 2025 on a powerful be aware and has saved its momentum for essentially the most half in 2026. As of this writing, the benchmark index for the Canadian inventory market is up by 30.9% within the final 12 months. When there’s a bull market, many traders look to the marketplace for progress shares that may nonetheless provide affordable capital positive factors for his or her monetary targets.
When the market is already close to all-time highs, it will possibly get difficult to establish any laggards that may provide additional progress. Nevertheless, you may as well contemplate investing primarily based on how a lot a inventory can develop extra as an alternative of reviewing whether or not it’s near earlier all-time highs after being closely discounted.
I’ve recognized two TSX tech shares that may be strong shopping for alternatives proper now. Right here’s what I take into consideration them and what you may wish to contemplate earlier than you make investments.
Shopify
Shopify Inc. (TSX:SHOP) is a $243.4 billion market-cap big within the Canadian tech trade. The corporate gives an ecommerce platform that lets retailers of all sizes create, construct, and develop an internet presence. It’s simply one of the recognizable progress shares on the TSX and has been the rationale many growth-focused traders have benefited by way of capital positive factors.
As of this writing, Shopify inventory trades for $187.03 per share. Since its Preliminary Public Providing (IPO) in Might 2015, it has grown by over 5,259%. Which means $1,000 invested in its IPO could be value round $53,590 as we speak. Granted, anybody investing as we speak won’t get related positive factors as early traders. Nevertheless, the inventory has the potential to ship substantial progress because the ecommerce trade retains rising. It is perhaps value including to your holdings at this stage.
Celestica
Celestica Inc. (TSX:CLS) is a lesser-known Canadian tech inventory, however not one to shrug apart. The $48.6 billion market-cap firm gives software-based provide chain options to purchasers worldwide. If you’re trying to put money into an AI inventory, Celestica is perhaps a great choose. The corporate has reworked itself from being a pure-play Electronics Manufacturing Companies (EMS) supplier into an AI-powered platform that has been driving immense progress since 2024.
As of this writing, Celestica inventory trades for $422.46 per share. It’s up by 588.4% from Might 2024, marking an unimaginable progress story. It’s nonetheless too early to say with full conviction whether or not the inventory will maintain this sort of momentum, however with adjusted Earnings Per Share (EPS) growing by over 50% from the identical level final yr within the earlier quarter, success appears extra seemingly. I believe it may be a great addition to a growth-focused self-directed funding portfolio.
Silly takeaway
Given the circumstances available in the market, tailwinds, sturdy demand, and the performances of the underlying companies, CLS inventory and SHOP inventory appear to be wonderful investments to carry. Allocating at the same time as a lot as $1,000 to carry these two shares in a retirement account for the long term might be a superb strategy to maximize the worth that cash can provide.
