3 Stocks for Your Retirement

In this article, we will discuss the 3 Stocks for Your Retirement.

Getting in early on a high-potential growth stock—especially one with strong fundamentals, real-world applications, and a clear pathway to profitability—can dramatically boost your chances of beating the market. For investors with ambitions of financial independence or early retirement, these types of opportunities are worth watching closely.

Here are 3 Stocks for Your Retirement:

MDA Space (TSX:MDA)

MDA Space is making waves in one of the most exciting frontiers: space technology. Specializing in satellites, robotics, and geo-intelligence systems, the company plays a key role in global communications and space exploration.

Currently trading around $13.40 per share, MDA has a market cap of roughly $1.6 billion. While it doesn’t pay a dividend, the appeal lies in its tremendous growth potential. Over the past 12 months, the stock has surged over 50%, buoyed by strong quarterly results and a stream of major contract wins.

In Q1 2025 alone, MDA generated $351 million in revenue—a 68% increase year-over-year—and secured $803.9 million in new business. Its order backlog now stands at $4.8 billion, offering strong visibility into future revenues.

For long-term investors looking for innovation-driven growth, MDA Space offers a compelling opportunity to ride the commercial space boom for years to come.

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Lightspeed Commerce (TSX:LSPD)

Lightspeed, a Montreal-based tech company, is reshaping how retailers and restaurants operate with its all-in-one commerce platform. Its software handles everything from payments to inventory, catering to businesses across North America and Europe.

At around $13.74 per share and a market cap of approximately $1.9 billion, Lightspeed is showing strong forward momentum. In fiscal 2025, the company surpassed US$1 billion in revenue for the first time, reflecting 18% growth year-over-year. Both its subscription and transaction-based revenues saw solid gains thanks to increasing customer adoption.

Lightspeed is also investing heavily in its future. It plans to grow its outbound sales force and increase R&D spending by more than 35%. One standout initiative: a new AI-powered website builder that allows merchants to create custom online storefronts with just a screenshot — no coding needed.

These innovation-led strategies position Lightspeed as a future-forward stock that could reward patient investors over the long haul.

Also Read: Investment strategies for Canadians

BlackBerry (TSX:BB)

Yes, that BlackBerry. Now firmly focused on cybersecurity and embedded software, BlackBerry has transformed into a tech firm serving governments and enterprise clients globally.

Shares have risen roughly 30% over the past year and currently trade around $5.35, giving the company a market cap near $3.2 billion.

While recent revenue came in at US$141.7 million (an 18% decline year-over-year), the company exceeded earnings expectations. Notably, BlackBerry posted US$21.1 million in adjusted EBITDA and saw a US$57 million improvement in cash flow year-over-year. The revenue drop stemmed mostly from lower licensing income—a one-off rather than a structural problem.

What makes BlackBerry intriguing for the future is its deepening involvement in AI partnerships and its QNX software platform, which is expanding into robotics, automotive systems, and other emerging markets.

If you’re building a portfolio with long-term goals in mind, BlackBerry could be a strategic holding with meaningful upside in tech-driven sectors.

Bottom Line

These three Canadian companies—MDA Space, Lightspeed Commerce, and BlackBerry—each offer unique exposure to future-forward industries, from space tech and AI to digital commerce and cybersecurity. While they come with risks, their upside potential makes them worthy of consideration for any retirement-focused portfolio aiming to grow wealth over the next decade and beyond.