Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeInvestorThese five TSX stocks have made Canadian investors a fortune in the first half of 2026The Week in Stocks: A look at the top five gainers on the Canadian index and where analysts see them heading for the rest of 2026 You can save this article by registering for free here. Or sign-in if you have an account.The Blackberry Ltd. building in Waterloo, Ont. Photo by Wikimedia CommonsWith only two trading days to go before investors wrap up the rollercoaster ride that has been the first half of the trading year, The Week in Stocks takes a look at the top five gainers on the S&P/TSX composite index and where analysts think the stocks are headed for the remainder of 2026.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorShares of BlackBerry Ltd. (BB:TSX), the one-time darling of the tech world that spent subsequent time struggling, ended up as a top gainer in the first half of the year, rising just over 200 per cent on the TSX. The Waterloo, Ont.-based company, which provides secure communications, closed Friday at $16.13, above its 12-month price target of $14.16 based on the calls of seven analysts, according to Bloomberg. CIBC Capital Markets analyst Todd Coupland raised his price target for shares of the company previously known for its BlackBerry device to $18.45 on June 25 from $13.99 after the company upgraded its revenue outlook for the year and reported earnings on June 25 that beat expectations on secure communications, its QNX operating system and licensing. “BlackBerry delivered an excellent FQ1,” Coupland said in a note following the earnings release, during which revenue increased 26 per cent year over year. “For investors, BlackBerry is moving from turnaround skepticism to a cleaner” accelerating growth setup, he said.Canada's best source for investing news, analysis and insight.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Investor will soon be in your inbox.We encountered an issue signing you up. Please try againShares of 5N Plus Inc. (VNP:TSX), the Montreal-based manufacturer of critical minerals and specialty semiconductors, have soared 116 per cent this year as the company enjoyed a major boost via its space solar cell producer Azur Space Solar Power GmBH, which it purchased in 2021. Germany-based Azur manufactures high-efficiency germanium-based space solar cells to power satellites that operate at higher orbits and call for a greater energy supply, more resistance to radiation and a longer life span. “Through AZUR, VNP is directly exposed and should be a beneficiary of this trend” in the projected buildout of space satellites, Baltej Sidhu, an analyst at National Bank of Canada Capital Markets, said in a note on June 14. He also said, 5N, which operates a germanium mine in Utah, will benefit as a supply bottleneck emerges for this “strategically important material across space and defence applications.” Sidhu hiked his price target to $50 from $41 for 5N. Shares closed Friday at $38.63. Shares of 5N have a 12-month price target of $48.75 based on the calls of six analysts, according to Bloomberg.Shares of Bird Construction Inc. (BDT:TSX) are up 115 per cent this year, with the stock closing Friday at $62.47, slightly surpassing of its 12-month price target of $63.38, based on the calls of eight analysts, according to Bloomberg. The construction company has many irons in the fire, especially after it was named the lead partner to build BCE Inc.’s 300 megawatt data centre in Saskatchewan. It was also tapped as Bell’s “preferred construction partner” for the telco’s national data centre buildout strategy, Michael Tupholme, an analyst with TD Cowen, said in a note from mid-May. Tupholme hiked his price target for Bird to $72 from $63 on May 19. “Continued award wins in the near-to-medium term should improve visibility on BDT’s growth opportunities across key end markets” the analyst said, referring to contracts in the defence and critical minerals sectors, in addition to data centres. For example, Bird signed a partnership with the Marten Falls First Nation to undertake construction projects related to the development of Northern Ontario’s mineral-rich Ring of Fire mining region. Work began this week on a road to open access to the area.Shares of Guelph-Ont.-based Hammond Power Solutions Inc. (HPS/A:TSX) are up 100 per cent this year as the manufacturer of electrical system transformers got a major lift from data centre expansion. National Bank of Canada analyst Baltej Sidhu hiked his price target for shares of Hammond Power to $355 from $325 on June 9 as data centre revenue expanded to 30 per cent from 10 per cent at the end of 2025, with the sector accounting for 30 to 40 per cent of backlog. Shares closed Friday at $319.20. Hammond has a 12-month price target of $362.71 based on the calls of seven analysts. RBC Capital Markets analyst Nelson Ng hiked his price target for Hammond to $350 from $250 in early May following the release of first-quarter results, adding that though the backlog looked a bit “modest,” there was lots of quotation activity. “We believe that when management firms up plans later this year to add manufacturing capacity, we could see some large data centre contracts added to the backlog,” Ng said. Indeed, Hammond went shopping this year, purchasing AEG Power Solutions, which Sidhu said provides leverage given there is little geographic and product overlap. Still, some risks lurk for the manufacturer from the United States’s Section 232 tariffs, but Sidhu said any potential pitfalls appear “manageable” given “larger custom contracts often include tariff protection.”Shares of MDA Space Ltd. (MDA:TSX) are up nearly 89 per cent this year on rising revenue from its satellite business as the Brampton, Ont.-based company expanded its horizons, including a listing on the New York Stock Exchange in March and the recently announced purchase of Colorado-based Blue Canyon Technologies Inc. for $874 million. MDA has benefitted as Canada looks to expand spending in the space sphere and it was a winner again when it announced it had been awarded a $688 million contract by the Canadian Space Agency to supply an advanced synthetic aperture satellite. The contract represents the second phase of an initial $45 million CSA contract from December. CIBC Capital Markets analyst Erin Kyle hiked her price target for MDA to $67 from $64, adding that while the contract was pencilled in for 2026, its value is higher than markets expected. MDA closed Friday at $50.60. Shares of the space technology company are down 25 per cent after peaking this year at $67.13 at the end of last month. MDA has a 12-month price target of 66.42 based on the calls of 14 analysts, according to Bloomberg. “We view MDA Space as a compelling pure-play on the rapidly expanding space economy,” Kyle said. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.
These five TSX stocks have made Canadian investors a fortune in the first half of 2026
The Week in Stocks: A look at the top 5 gainers on the Canadian index and where analysts see them heading for the rest of 2026. Read more.






