The 12 months 2026 began on a blended word. On one aspect, hyperscalers have dedicated US$700 billion in synthetic intelligence (AI) spending in 2026. Then again, the U.S. President is escalating tensions in oil-rich nations to safe extra oil provides in US {dollars} whereas threatening the renewal of the US‑Mexico‑Canada Settlement on July 1. In the meantime, Canada is pushing investments in vitality, logistics, and housing infrastructure initiatives.
Amid these world shifts, traders can discover alternatives. Listed here are the one three shares to purchase in March 2026.
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The AI inventory to purchase in March 2026: Micron Expertise
Most AI shares have surged to excessive valuations on the again of large AI spending. NVIDIA, Broadcom, and different chip shares noticed a speedy surge of their income and income pushed by demand from AI information centres. However one inventory picked up momentum final 12 months. Micron Expertise (NASDAQ:MU) inventory surged fourfold in a 12 months.
Knowledge centres want excessive bandwidth reminiscence (HBM) chips, manufactured by solely three corporations: Micron, Samsung, and SK Hynix. As soon as the graphics processing playing cards (GPUs) had been in place, the necessity for reminiscence chips arose, which created a provide scarcity. Micron’s income tripled within the second quarter of fiscal 2026 as the common promoting worth for its chips surged by 60–79%.
Though Micron has invested US$25 billion in new manufacturing crops, that capability will take not less than three years to return on-line. Till then, the prevailing capability will run at full capability, and all three corporations will get pleasure from windfall positive factors. The inventory may see two extra development rallies, like Nvidia.
Micron stays top-of-the-line shares to purchase in March 2026 as AI demand is secular, not cyclical. Whereas the income development fee will normalize to 25–50% in two to 3 years, Micron may maintain its excessive inventory worth given the excessive margins of HBM.
The inventory to hedge in opposition to geopolitical tensions
Rising commerce tensions and geopolitical uncertainty make gold a secure haven. Lundin Gold (TSX:LUG) is a robust hedge inventory for March 2026. Many central banks are accumulating gold, driving demand for gold. That is serving to gold mining corporations profit from windfall positive factors.
Amongst Canadian gold shares, I’m bullish on Lundin Gold as a result of it has one of many lowest prices of $1,015 per oz bought. It expects this value to extend to as much as $1,170 in 2026. Contemplating that the gold spot worth is near $4,600 after the March dip, Lundin inventory may give good dividends and inventory worth development.
Investing on this inventory now might help you hedge your portfolio in opposition to rising geopolitical tensions, because the gold worth will rise and so will Lundin Gold’s money flows.
The inventory to learn from Canada’s infrastructure push
Aecon Group (TSX:ARE) has come into the limelight amidst Canada’s infrastructure push. For a very long time, undertaking approvals had been tedious, prolonged, and led to costly delays, making development a loss-making enterprise. Nonetheless, adjustments within the system and the institution of the Main Venture Workplace purpose to speed up approvals.
Aecon Group will profit from authorities funding in infrastructure initiatives and the fast-tracking of initiatives. The inventory worth will leap on each new order win. Nonetheless, infrastructure initiatives have a protracted gestation interval, and quite a bit can go mistaken. Thus, the inventory may very well be risky.
Aecon inventory is buying and selling at an all-time excessive on the again of recent order wins, and the corporate is utilizing this chance to lift extra fairness capital. The inventory may see a correction as new shares come on the trade. That may be a great entry level.
Investor takeaway
March 2026 presents distinctive alternatives throughout AI, gold, and infrastructure. Micron Expertise affords secular AI development, Lundin Gold hedges in opposition to geopolitical danger, and Aecon Group advantages from Canada’s infrastructure growth. Collectively, these three shares in March 2026 might help traders steadiness development, security, and diversification.
