2 TFSA shares to buy now with $ 100

2 TFSA shares to buy now with $ 100

2 minutes, 43 seconds Read

The TSX offers several shares to add to a tax -free savings account (TFSA), which could generate considerable capital profits in the long term. With the right choices it is possible to build a portfolio that yields meaningful long -term capital gains without the tax bite. Moreover, you can start investing in these fundamentally strong companies with only $ 100.

Against this background there are two Canadian shares that TFSA investors can now buy with $ 100.

MDA Space Stock

MDA room (TSX: MDA) is a compelling growth stock to add to your TFSA with $ 100. In the past year, this Canadian Space Technology Leader has seen its share price by more than 205%and in the past three years it has risen an impressive 389%. This remarkable rally is powered by a strong demand for its products and solutions, a substantial order -like disadvantage and exceptional implementation, all of whom have stimulated the confidence of investors.

Looking ahead, the future of MDA Space seems promising. The company works in three important areas, including satellite systems, robotics and space operations and Geointelligence, each well placed to take advantage of strong, long -term growth trends in the industry. The Satellite Systems division sees the increasing demand for communication satellites and large -scale constellation projects. Furthermore, the contracts of several billions reflect are technical expertise and ensure predictable income for the coming years.

In the meantime, the Robotics & Space Operations segment is grip with both government agencies and commercial customers. Furthermore, the Geointelligence division continues to benefit from the increasing need for high-quality earth observation data.

With a diversified portfolio, a strong customer base and favorable market in the market, MDA space is well positioned to take advantage of the accelerating demand in space economy. In addition, the company invests in the next generation of technologies, acquires strategic assets and expands the reach on fast -growing world markets, which will stimulate its capacities.

5n plus stock

Together with MDA space, TFSA investors can also consider 5n plus (TSX: VNP) Stock now. It offers powerful materials and special semiconductors, aimed at fast -growing sectors. Thanks to the solid demand for its products, this Klein-Cap Canadian Company has consistently given solid financial data, which have pushed its share price higher. So far, 5N Plus shares have increased around 106%in 2025. Moreover, it has yielded a huge return of 722% in the last three years, which performed better than the wider markets.

Despite this impressive run, the strong basic principles of the company and the underlying growth engines suggest that there is room for further upwards. The increasing demand for its advanced materials and a growing backlog of orders continues to provide a strong basis for future expansion. Moreover, 5N Plus is ready to take advantage of the dominant position in various niche markets, including space-based solar energy, terrestrial renewable energy, healthcare and advanced imaging technologies.

In the meantime, the benefit of the world’s leading supplier of ultra -high pure semiconductor materials outside of China gives it a clear competitive advantage, so that the road is cleared for long -term partnerships with large players in the industry. With its solid production capacity, strong customer relationships, focus on high -quality sectors and strategic acquisitions, 5N Plus looks like one of the most promising long -term stocks.

#TFSA #shares #buy

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