The key to maximizing these benefits is choosing the right investments. High-quality TSX-listed companies with solid fundamentals and strong future growth potential can help your TFSA thrive over the years.
So if you have $3,000 to invest today, here are the best stocks to consider right now.
SAFE Waste Infrastructure
SAFE Waste Infrastructure (TSX:SES) is an attractive stock to add to your TFSA. Despite struggling with softer commodity prices and macroeconomic uncertainty, the company’s fundamentals remain solid, making it well positioned to weather near-term challenges.
The diversified network of energy and waste infrastructure assets continues to deliver stable, infrastructure-supported cash flow. Furthermore, the majority of revenues come from ongoing production and industrial activity rather than volatile drilling cycles, protecting the country from commodity price fluctuations. Furthermore, the company’s focus on efficiency and cost control softens margins even in softer pricing conditions.
While the metals recycling division is temporarily under pressure due to trading dynamics, SECURE appears well positioned for a recovery in 2026. Major infrastructure projects are nearing completion and new organic growth initiatives are expected to contribute meaningfully to future profits. With Canadian oil and gas production remaining stable and revenue expected to increase, the company’s prospects remain encouraging.
Cameco Corporation
Cameco (TSX:CCO) is another attractive stock to add to your TFSA, offering investors a way to profit from nuclear energy demand. As a major uranium supplier with ownership of high-quality, low-cost reserves, it plays a crucial role in the global fuel cycle. In addition, the strategic investments in Westinghouse Electric Company and Global Laser Enrichment have further strengthened control over the entire nuclear value chain.
Cameco benefits from significant support, including the decarbonization and rising electricity needs of artificial intelligence (AI)-led data centers. Thanks to its solid competitive position and growth prospects, Cameco shares are up approximately 292% over the past three years. Moreover, the share still has plenty of room for growth.
With long-term supply contracts, expansion plans and continued exploration, Cameco appears well positioned for further growth. Its integrated business model and dominant market position bode well for future growth.
AltaGas
AltaGas (TSX:ALA) is an attractive stock to add to your TFSA for stability, income and growth. It owns a diversified portfolio of energy infrastructure and rate-regulated utilities. This regulated structure helps generate stable, growing profits, which support dividend payments. In addition, its diversified midstream businesses, including LPG export terminals and natural gas processing, add a meaningful growth engine tied to global energy demand.
The focus on increasing asset utilization, controlling operating costs and extending asset life smoothes the bottom line and boosts dividend payments. In the most recent quarter, the company increased its dividend by 6%, marking its sixth consecutive annual dividend increase. Notably, the energy company’s dividends have grown at a CAGR of 6% since 2021, thanks to a growing earnings base. Management has set a target of growing dividends by 5 to 7% annually until 2030, while maintaining a sustainable payout ratio of 50 to 60%.
Looking ahead, long-term contracts and regulated assets ensure sustainability of profits. Additionally, AltaGas is also positioning itself for future infrastructure demand by advancing the development of data center facilities in Virginia, Michigan and Maryland, using a low-risk, regulated approach.
Overall, AltaGas is an attractive addition to your TFSA for generating tax-free income and capital gains.
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