By Karen Thomas, MSc, CFA at The Motley Fool Canada
The market continues to soar in 2026. In fact, it has rallied almost 12% year-to-date. As we head into the second half of the year, here are three TSX superstars to help you beat the market.
Altagas
The first TSX stock on my list of stocks that could beat the market in 2026 is Altagas Ltd. (TSX:ALA). Altagas is a good blend of stability and growth, and I think that this will be increasingly valuable in the years to come.
Altagas’ business is composed of its utilities business and its midstream business. Its utilities business is the defensive business that benefits from regulated revenues and predictable cash flows. Its midstream business is the business that exports liquified natural gas. The Ridley Island Propane Export Terminal (RIPET) is Altagas’ large-scale liquified petroleum gas (LPG) and bulk liquids export terminal. This facility has seen tremendous growth over the last few years, as global demand for Canada’s liquified natural gas, or LNG, has soared.
In the last five years, Altagas stock has rallied more than 120% as the company has rapidly grown its earnings and revenue, which increased 25% and 20%, respectively. In Altagas’ most recent quarter, the first quarter of 2026, the company reported earnings per share (EPS) of 1.33, 16% higher than the same period last year.
Looking ahead, Altagas stock faces many tailwinds including continued strength in the LPG market, higher volume capacity, and increasing margins. Altagas is currently yielding a respectable 2.5%, as the company continues to surpass expectations.
Ballard Power Systems
My next TSX superstar stock is of a different nature. The risk is higher, but the potential reward is also higher. Ballard Power Systems Inc. (TSX:BLDP) is a fuel cell provider for heavy-duty transport vehicles. This means buses, trucks, trains, marine vehicles, and even airplanes.
The value proposition here is quite simple. Fuel cells provide greater power than battery-operated electric vehicles, with longer run time between charges and lower weight. But the cost of ownership has been a barrier for fuel cells. In recent years, this cost has come down quite significantly.
Ballard Power stock has had a difficult time as the fuel cell industry remains in its infancy and the company continues to report losses and burn through cash. But recent momentum has given us signs of hope. Major wins from two leading European bus manufacturers have given more credence to Ballard’s story, and recent results have done the same.
Revenue increased 26% in Ballard Power stock’s latest quarter, to $19.4 million. This was driven by strong bus and rail markets. Also, gross margins increased 37 basis points to 14%, representing the third consecutive quarter of improvement. Finally, cash and earnings metrics also improved significantly.
Ballard Power stock has rallied 57% year-to-date. Looking ahead, the potential is massive. It’s estimated the fuel cell market will grow at a compound annual growth rate (CAGR) of 30% through to 2032.
Blackberry
Finally, we have Blackberry Ltd. (TSX:BB). Blackberry is a TSX stock that, like Ballard, has had its share of volatility. Blackberry is in the business of connecting machines. Think cars, medical devices, and robotics. Like Ballard’s fuel cell business, this business is also emerging. But it’s much farther along than fuel cells.
In Blackberry stock’s latest quarter, total revenue increased 10% to $156 million. Its higher growth segment, the QNX segment, is the one that’s leading the charge in connected machines. This segment saw an even greater revenue increase of 20% to $78.7 million. Just as importantly, its backlog hit $950 million. This highlights Blackberry’s multi-year revenue growth profile.
Blackberry stock has rallied 146% year-to-date. The momentum is building and the upside remains big for this TSX stock in 2026 and beyond.
The bottom line
2026 has started off as a good year for the S&P/TSX Index, which continued to trade in record territory. The themes that I think will drive outperformance this year continue to be liquified natural gas, clean energy, and artificial intelligence/connected systems.
The three TSX superstars I discussed in this article are all leaders in their respective industries, with strong potential to outperform in 2026 and beyond.
The post 3 TSX Superstars That Could Beat the Market in 2026 – Get in Now appeared first on The Motley Fool Canada.
Should you invest $1,000 in BlackBerry right now?
Before you buy stock in BlackBerry, consider this:
The Motley Fool Canadateam has identified what they believe are the top 10 TSX stocks for 2026… and BlackBerry wasn’t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.
Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have over $16,000!*
Now, it’s worth noting Stock Advisor Canada’s total average return is 91%* – a market-crushing outperformance compared to 87%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!
* Returns as of June 15th, 2026
More reading
Fool contributor Karen Thomas has positions in AltaGas, Ballard Power Systems, and BlackBerry. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026
