Best Tech Stocks this March 2026 in Canada

WSP Global, a leading engineering and advisory firm, is currently trading at its most attractive valuation in five years. With partnerships in AI through Microsoft and a projected organic growth rate of 4-7% by 2026, WSP anticipates net revenues exceeding $17 billion by 2027, a remarkable increase of over 40% from its recent trailing twelve months. Additionally, investors can expect a modest dividend yield of 0.60% and a strong five-year return of 101.63%, making it a compelling choice for those seeking growth in a financially healthy company.

WSP expects net revenues to exceed $17 billion by 2027, reflecting over 40% growth from $11.5 billion in the trailing twelve months ending September 28, 2024.

Thomson Reuters stands out for its AI innovations, especially in legal tools, which have recently gained traction following recognition from Anthropic. Despite a challenging year with a -44.24% return, the company offers a dividend yield of nearly 3%, appealing to investors seeking reliable income. Its strong financial performance, marked by a 5% revenue increase driven by growth in recurring and transaction revenues, positions it well for future recovery.

The 7% rule suggests that you should sell a stock if its price drops 7% or more below your purchase price.

Thomson Reuters reported a 5% increase in revenues, driven by 6% growth in recurring revenues and 11% growth in transaction revenues, though this was partially offset by a 6% decline in Global Print.

Constellation Software (CSU) is a highly rated company with a proven strategy of leveraging AI to enhance margins while maintaining mid-single-digit organic recurring revenue growth across diverse vertical markets. Despite a challenging year reflected in a -44.61% return, the stock shows promising long-term potential, with analysts projecting earnings per share to rise from US$79 in 2024 to nearly US$190 by 2030. With a modest dividend yield of 0.16%, CSU could be an appealing option for investors looking for growth in a well-established software firm.

Analysts predict CSU's earnings per share will rise from US$79 in 2024 to nearly US$190 by 2030, suggesting the stock could potentially double in value over the next five years.

Despite recent leadership changes and concerns about AI disruption, CSU is still considered a strong long-term investment.

The 7% rule suggests selling a stock if its price drops 7% below your purchase price; for example, if you buy a stock for ₹1000, you should sell if it falls to ₹930.

CGI (GIB.A) recently demonstrated strong performance with fourth-quarter revenues reaching C$4.01 billion, reflecting a year-over-year increase of 9.7%. Despite this positive trend, the stock has faced a challenging year with a 1-year return of -33.14% and currently trades near the bottom of its 52-week range. Analysts hold mixed views, with RBC Capital maintaining an "Outperform" rating, while Jefferies has downgraded to "Hold." With a modest dividend yield of 0.63%, CGI presents an opportunity for investors seeking income from a well-established IT consulting firm. The company's recent financial results indicate resilience, yet it has experienced volatility, evidenced by a 5-year return of just 4.25%. As the stock hovers below its 200-day moving average, investors may want to consider the potential for recovery in this promising sector.

CGI Inc. (GIB) is currently trading near the bottom of its 52-week range and below its 200-day moving average, with a slight increase of $0.14 or 0.19% since the last market close.

CGI Inc. reported a first-quarter profit of $442 million, an increase from $438.6 million the previous year, with earnings of $2.03 per diluted share.

Kinaxis (KXS) has been flagged by BMO Capital Markets as a top pick for 2026, highlighting its potential for future growth. Despite facing a challenging period with a 1-year return of -17.08% and a 5-year return of -18.14%, the stock remains in the spotlight with an average price target of C$212.00 from Wall Street analysts, suggesting optimism for recovery.

Four Wall Street analysts have set a 12-month price target for Kinaxis Inc at an average of C$212.00, with a high of C$245.00 and a low of C$200.00, indicating a potential 62.94% increase from its last price of C$130.11.

KXS is trading in the triple-digit Canadian dollar range, reflecting typical volatility for a growth-oriented software stock.

Kinaxis has demonstrated an average earnings growth of 18.51% per year over the past decade, with analysts projecting a 58.2% growth for the current fiscal year.

Dream Industrial REIT (DIR.UN) is an attractive investment option for those seeking reliable income, with a substantial dividend yield of 5.27%. This REIT boasts a diversified portfolio of 342 urban logistics and distribution properties across Canada, the U.S., and Europe, making it well-positioned in the industrial sector. With a one-year return of 8.77% and a solid analyst rating of B-, it shows promise for investors looking for stability in their portfolios.

The consensus rating for the stock is 2.83, based on 5 buy ratings, 1 hold rating, and no sell ratings.

Warren Buffett favors REITs for their liquidity, professional management, and transparency compared to direct property ownership.

Celestica (CLS) stands out as a leading supplier to major tech players like Google and Amazon, with impressive returns of 161.16% over the past year and a staggering 3179.46% over five years. The company is well-positioned in the market for network switches and servers, driven by custom silicon innovations, making it an attractive choice for growth-focused investors. Supported by strong analyst ratings, including a B+ and multiple "Buy" recommendations, CLS is recognized as a promising option amid potential valuation concerns.

CLS has a Zacks Rank of #2 (Buy) and a Growth Style Score of A, indicating strong potential with a forecasted earnings growth of 45.3% for the current fiscal year.

Based on our Discounted Cash Flow analysis, Celestica appears to be overvalued by 114.5% compared to its recent share price of US$373.62.

56% of analysts recommend Celc as a Strong Buy, while 33% recommend Buy, and 11% suggest Holding.