Two Canadian AI stocks poised for significant gains

There is a lot of attention for everything related to artificial intelligence (AI) technology. The story has dominated conversations for years, especially south of the border with names like mega-market cap Nvidia And Microsoft. While they may not be as big as this one, the TSX has its fair share of them as well AI Stocks that are gaining strength.

If you’re optimistic about the AI-led revolution in tech stocks and markets around the world, now might be a good time to hop on the bandwagon. To avoid missing out on market-based returns, consider looking at potential investments to add to your self-directed portfolio.

Today I will discuss two Canadian AI stocks that you can consider investing in for this purpose.

Computer modeling group

Computer modeling group (TSX:CMG) isn’t a very well-known name in the Canadian tech world, but it’s an essential company. The $407.03 million market capitalization Company is a software provider for the oil and gas industry, focused on reservoir simulations. The company mainly develops tools for modeling oil recovery processes, composition analyses, unconventional reservoirs and thermal recovery. It also provides support services to customers around the world.

The company is expanding through acquisitions, which led to a 17% year-over-year decline in the second quarter ended September for fiscal 2026. However, the company reported a 13% increase in its annual recurring revenue over the same period. The multi-year licensing agreement with Shellannounced in November 2025, will drive sales even further in the coming weeks and months.

At the time of writing, the stock is trading at $4.92 per share and seems too attractively priced to ignore.

Celestica

Celestica (TSX:CLS) is another name that may not be as big as Nvidia, but it is a major player in the Canadian tech space. The company with a market capitalization of $49.28 billion also provides software, but focuses more on serving the global logistics sector. It offers cloud-based and AI-powered software solutions for supply chain management. The enterprise-oriented supply chain solutions provide demand across various sectors of the economy.

The company’s Connectivity and Cloud Solutions segment grew 43% year-over-year in the latest quarter. It also reported a 28% increase in reported revenue, and adjusted earnings per share rose 52% over the same period. The company’s management expects sales to reach $16 billion and operating margins to reach 7.8%.

At the time of writing, it’s trading at $428.35 per share, and could be worth adding to your portfolio at these levels.

Silly takeaway

AI stocks are not necessarily stocks with underlying companies with a pure-play approach to AI technology. Companies that use AI and reuse the technology for their own purposes will also benefit from the growing adoption of AI. Computer Modeling Group and Celestica are two excellent examples of such stocks.

If you are looking to expand your property, I recommend allocating some space to these two TSX Technology Stocks.