In this piece, we discuss the 10 Unstoppable Canadian Stocks to Buy Now.

Canada’s equity market is showing resilience despite technology shares slipping amid global volatility. This continued strength is driven by resource and financial stocks. Thanks to gains in the energy and materials sectors, the S&P/TSX Composite Index climbed 0.2% on August 20, 2025, reaching 27,878.76. Meanwhile, oil prices rose following a sharp drop in U.S. crude inventories, while gold and copper also advanced, resulting in a surge in mining shares.

Analysts believe Canadian equities remain on track for a sustained run, thanks to lower borrowing costs and easing trade uncertainty, which are expected to support the economy despite some pressure on corporate earnings. The Financials sector, which represents a third of the TSX, is expected to soon dominate the market as the country’s major banks begin reporting quarterly results. Looking ahead, the sector is predicted to help steer the index toward fresh record highs.

While Wall Street’s selloff resulted in a dip in the technology sector, the country’s market remains strong, drawing strength from its diverse base in resources, financials, and consumer staples. Colin Cieszynski, chief market strategist at SIA Wealth Management, made the following statement:

“I think right now we’re in the late-summer doldrums. A lot of news is out, earnings season is now pretty much over and in Canada we’re waiting to see what the banks have to say.”

With this backdrop, let’s shift our focus to some Canadian companies that continue to deliver growth and stability, making them some of the unstoppable stocks to buy now.

Our Methodology

To create our list of the 10 Unstoppable Canadian Stocks to Buy Now, we used the Finviz screener to extract Canadian stocks that returned over 30% on a year-to-date basis. Then, we assessed hedge fund sentiment surrounding these stocks using Insider Monkey’s hedge fund database, which tracks over 1,000 hedge funds. Finally, we ranked our list of the 10 Unstoppable Canadian Stocks to Buy Now in ascending order based on the YTD performance of the respective stocks. We also made sure these companies experienced positive 3-year revenue growth.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

10. Shopify Inc. (NASDAQ:SHOP)

Year-to-Date Share Price Gain: 34.59%

Number of Hedge Fund Holders: 77

3-Year Revenue Growth: 26.03%

With strong year-to-date gains and significant hedge fund interest, Shopify Inc. (NASDAQ:SHOP) secures a spot on our list of the 10 Unstoppable Canadian Stocks to Buy Now.

On August 7, 2025, Truist Securities increased its price target on Shopify Inc. (NASDAQ:SHOP) from $95 to $150, keeping a ‘Hold’ rating. This price revision follows the company’s strong Q2 results.

In the second quarter, Shopify Inc. (NASDAQ:SHOP) reported 31% growth year-over-year in both GMV and revenue, driven by strong international momentum, particularly in European GMV, which grew 49%. The investment firm also highlighted the company’s AI-driven product innovation, including Universal Cart and Checkout Kit. This innovation enhanced merchant adoption and performance.

Thanks to Shopify Inc. (NASDAQ:SHOP)’s solid financial health and higher discounted cash flow assumptions, Truist expressed its growing confidence in the company’s long-term resilience and growth in a challenging macro environment.

Shopify Inc. (NASDAQ:SHOP) helps merchants manage sales, payments, fulfillment, analytics, and financing with its commerce technology. It is one of the unstoppable stocks.

9. Hudbay Minerals Inc. (NYSE:HBM)

Year-to-Date Share Price Gain: 35.06%

Number of Hedge Fund Holders: 34

3-Year Revenue Growth: 11.74%

Hudbay Minerals Inc. (NYSE:HBM) is included in our list of the 10 Unstoppable Canadian Stocks to Buy Now.

On August 14, 2025, RBC Capital increased its price target on Hudbay Minerals Inc. (NYSE:HBM) from $12.26 to $13.70, maintaining an ‘Outperform’ rating.

The price revision reflects Hudbay Minerals Inc. (NYSE:HBM)’s partnership with Mitsubishi Corporation. Under the agreement, Mitsubishi acquired a 30% stake in the company’s Copper World project in Arizona. Furthermore, the analyst cited the company’s revision of its streaming agreement with Wheaton Precious, which, alongside the Mitsubishi partnership, is pivotal in advancing Copper World toward a 2026 sanction decision and targeted 2029 production.

Looking ahead, RBC Capital remains confident in Hudbay Minerals Inc. (NYSE:HBM)’s ability to de-risk the project and unlock long-term value for its shareholders.

With key operations in the Americas, Hudbay Minerals Inc. (NYSE:HBM), a Canada-based mining company, focuses on the discovery, production, and development of base and precious metals. It is one of the unstoppable stocks.