2 Large-Cap Canadian Stocks to Buy Now for Under $50

Dividend Stocks

When it comes to building a strong investment portfolio, size and stability count. Companies with market capitalizations above $10 billion often serve as dependable core holdings. And when a firm’s value is several times that size, its market influence grows even more significant.

Fortunately, a large market cap doesn’t always mean a high share price. Take Barrick Mining (TSX:ABX) and BCE (TSX:BCE) — both industry leaders with stock prices below $50. These blue-chip names offer investors a chance to own high-quality companies at accessible prices, ideal for long-term holding.

2 Large-Cap Canadian Stocks to Buy Now for Under $50

Also Read: Reliable TSX dividend stocks 2025

Barrick Mining: A standout performer in the gold sector

Mining stocks have powered the TSX in 2025, with the basic materials sector surging nearly 69% year to date as investors flock to safe-haven assets. Barrick Mining has outpaced even that impressive growth, with its shares climbing to $44.09, delivering a market-beating 100% gain so far this year. Investors also benefit from a 1.88% dividend yield.

The $80.8 billion gold and copper producer operates across 18 countries on five continents, emphasizing high-margin, long-life mining assets. Its expanding copper portfolio and four major growth projects under construction highlight a robust pipeline.

In the first half of 2025, revenue rose 15% year over year to $6.8 billion, while net earnings jumped 93% to $1.3 billion. Free cash flow more than doubled to $770 million. In Q2 2025 alone, earnings surged 119% year over year, fueled by higher gold prices, stronger sales volumes, and lower copper costs.

President and CEO Mark Bristow said Barrick continues to “deliver on all fronts,” emphasizing production growth, cost efficiency, and a world-class development pipeline. The company remains focused on sustainable value creation in the gold and copper space.

Also Read: Dividend paying stocks Canada

BCE: A comeback story with a long-term plan

After a challenging 2024, the Communications Services sector has rebounded 15% so far this year. BCE, Canada’s largest telecom company, faced headwinds earlier in 2025 following a dividend cut in May — a move CEO Mirko Bibic said was necessary amid fierce competition and economic uncertainty.

Even so, BCE’s stock has rebounded to $33.64, up nearly 7% year to date, and continues to offer an attractive 5.21% dividend yield. The $30.4 billion telecom giant recently unveiled a new three-year strategic plan focused on boosting free cash flow and enhancing long-term shareholder value.

Between 2025 and 2028, BCE expects revenue to grow at a 2–4% compound annual rate and free cash flow to reach $3.9 billion. The company also plans to distribute roughly $5 billion in dividends over the next three years.

Long-term stability

For investors seeking dependable large-cap names under $50, Barrick Mining and BCE stand out. Both companies combine scale, stability, and consistent income potential — qualities that can anchor a long-term investment portfolio.

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