Such companies can continue to grow even if broader market momentum cools, making them excellent choices for long-term investors heading into 2026. Let’s take a closer look at two such Canadian stocks that appear capable of building on their recent gains in the year ahead.
5N Plus stock
As we approach 2026, I think companies are bound by structural demand trends 5N Plus (TSX:VNP), could continue to perform well. This Saint-Laurent-based specialty chemicals company produces ultra-pure semiconductors and high-performance materials used in renewable energy, space solar, medical imaging and industrial sectors.
After rising more than 150% in the past year, 5N stock is currently trading at $18.05 per share, giving it a market cap of approximately $1.6 billion. The company does not pay a dividend as it continues to focus capital on growth and improving its balance sheet.
The stock’s recent performance has been primarily supported by improved earnings visibility and continued demand from key end markets. The latest results help explain this momentum. In the third quarter of 2025, 5N’s revenue rose 33% year-over-year (YoY) to $104.9 million, marking its strongest quarterly revenue in a decade. At the same time, the company’s adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) rose 86% year-over-year to $29.1 million, driven by higher volumes from renewable energy and aerospace solar and better pricing. These factors also helped the company expand profit margins.
Interestingly, 5N Plus was recently included in the S&P/TSX Composite Index as strong execution continues to improve financial growth prospects. In the last quarter, the company’s net debt fell sharply, pushing its net debt-to-EBITDA ratio down to 0.74 times. Encouraged by these results, 5N management has also increased adjusted EBITDA guidance for full-year 2025, signaling confidence in demand developing in 2026.
Aritzia shares
While industrial demand is one way to drive growth in 2026, strong consumer brands love it Aritzia (TSX:ATZ) could offer another solid option. This Canadian design house focuses primarily on everyday luxury clothing, with a growing network of boutiques and a strong digital platform across North America.
After gaining 122% over the past year, ATZ stock now trades around $117 per share, with a market cap of almost $13.5 billion. This increase is largely driven by accelerating growth in the United States and improving profitability.
In the second quarter of fiscal 2026 (three months ending August 2025), Aritzia’s net revenues were jumped nearly 32% year-over-year to $812 million. Similarly, quarterly adjusted EBITDA more than doubled from a year ago to $122.7 million as gross margins increased and selling and administrative expenses grew more slowly than revenue.
The long-term picture for the Canadian fashion retailer remains impressive. For fiscal 2026, Aritzia expects net sales between $3.30 billion and $3.35 billion, along with further improvement in margins. Additionally, continued boutique expansion in the United States, continued digital growth, and rising brand awareness make this Canadian stock a well-positioned choice for 2026 and beyond.
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