In the ever-evolving landscape of the Canadian stock market, certain TSX stocks have not only weathered the storm but have also displayed resilience and potential for future growth. Despite the ongoing volatility and uncertainty, these stocks have caught the attention of investors and analysts alike, positioning themselves as long-term holds worth considering.

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Manulife Financial (TSX:MFC)

Manulife Financial has recently attracted attention with its announcement of ramping up share buybacks, a move that resonated positively with investors. The decision to increase buybacks to $600 million per quarter for the remainder of the year signals confidence in the company's future prospects. Coupled with strong performance in its Asian markets and significant reinsurance deals, Manulife has demonstrated its commitment to enhancing shareholder value. Despite a 37% increase in shares over the last year, Manulife remains attractively valued at 15.28 times earnings and offers a dividend yield of 4.49%, making it a bullish contender among TSX stocks.

Canadian Tire (TSX:CTC.A)

Analysts have been optimistic about Canadian Tire's performance, particularly in light of its recent earnings report. The company's ability to navigate challenges and deliver strong results has garnered praise from analysts, who highlight its success in "controlling the controllable." Despite weakness in discretionary spending, Canadian Tire's automotive sector has remained a robust revenue generator. With management forecasting growth in the upcoming summer season and a dividend yield of 4.86%, Canadian Tire presents itself as a compelling option among TSX stocks, especially given its current discounted price.

Shopify (TSX:SHOP)

While Shopify experienced a temporary setback following its first-quarter earnings report, savvy investors view this as an opportunity rather than a cause for concern. Despite a 21% dip in share price, Shopify continues to exhibit growth potential, fueled by its expanding total addressable market and increasing market share. The company's track record of delivering high returns on investments underscores its long-term viability. With shares currently trading at a discount and a history of rebounding from setbacks, Shopify presents an enticing prospect for investors seeking exposure to the e-commerce sector.

BMO Bank of Montreal (TSX:BMO)

Adding to the roster of promising TSX stocks is BMO Bank of Montreal, a stalwart in the Canadian banking industry. With a legacy spanning decades, BMO has established itself as a trusted financial institution, offering a wide range of banking and financial services. Despite fluctuations in the market, BMO's solid fundamentals and commitment to customer satisfaction have positioned it for sustained growth. With a dividend yield and potential for capital appreciation, BMO Bank of Montreal represents a stable and attractive option for investors seeking stability and growth in their portfolios.


The Canadian stock market presents a myriad of opportunities for investors, with certain TSX stocks standing out as potential long-term winners. From stalwarts in the retail and banking sectors to innovative players in e-commerce and insurance, these stocks offer diverse avenues for growth and value creation. For investors willing to weather the ups and downs of the market, now may be an opportune time to consider adding these promising TSX stocks to their portfolios.