2 Best TSX Stocks to Buy Today for Long-Term Growth

After two years of incredible growth, TSX shares may be due for a little more volatility. The TSX Index is up almost 50% since the start of 2024. Given all that is happening economically and geopolitically, it is surprising that we have not seen significantly more volatility in the Canadian indices.

TSX shares could see a rise in volatility in 2026

But just because the index is rising doesn’t mean all TSX stocks are rising. In fact, software stocks are having a terrible year. Fears of artificial intelligence (AI) disruption are weighing heavily on information technology and software services stocks. Even well-known growth stocks without software exposure are being taken out of the market.

If you still believe in the growth potential of these companies, you can acquire them at very attractive valuations. If you’re looking for long-term sustainable growth, here are two TSX stocks to buy today.

Topicus.com (TSXV:TOI) is one of the serious victims of the software sell-off. This is not a household name in Canada. However, it was spawned a few years ago by a well-known software consolidator, Constellation software.

Topicus is the operational arm of Constellation in Europe. It acquires niche software stocks across the European continent. While AI could be a threat to Topicus, I think this is being overstated by the market.

Topicus is strongly anchored with its institutional partners. The software is specially tailored to the geography, language, regulations, laws and customs of specific customers in specific countries.

In themselves, these are small markets that are difficult to penetrate without years of good relationship and service. AI could benefit Topicus as it can use more efficient development to add additional services to its platforms or improve customer access to data and insights.

And who’s to say that Topicus, as an already established European software provider, can’t use AI to penetrate new markets or create new businesses?

Overall, this company still has a long growth path ahead of it. Still, you can buy it at almost 50% off where it was trading just six months ago. This TSX stock is currently trading with a free cash flow yield of 10%. It seems like an attractive buy if you can stomach the recent selling pressure.

Colliers: A long-term TSX growth stock

Colliers International Group (TSX:CIGI) seems to have somehow gotten caught up in the recent technology sell-off, even though the company has no relationship with software.

This TSX stock is perhaps best known for its global commercial real estate brokerage. Yet it offers a wide range of real estate services, including property management and financing. It also has a growing investment management business. Most importantly, the engineering and consulting franchise is quickly growing into a powerhouse.

It has just announced a substantial acquisition in Spain, which will give it a platform to grow a meaningful European business. This is in addition to three other entry-level acquisitions announced in 2026.

Many still see Colliers as a cyclical brokerage firm. They fail to see that it is a diversified services platform that generates a much more predictable revenue stream. In fact, more than 70% of revenue comes from recurring services.

Colliers should grow by more than 15% by 2025. Given the recent acquisitions, it is likely that the double-digit growth rate will continue into 2026.

This TSX stock has delivered returns in the mid-teens for over two decades. The recent dip presents an attractive opportunity to add this quality, long-term growth company to your portfolio.