Best Stock Investments this February 2026 in Canada

Wheaton Precious Metals (WPM) stands out with its streaming model that leverages the surge in gold and silver prices, achieving a remarkable 138.66% return over the past year. Investors can benefit from a dividend yield of 0.66% while enjoying high margins without operational risks. Supported by a consensus "Buy" rating from analysts, WPM is recognized for its strong performance, with no recommendations to sell, making it an attractive option for those seeking exposure to precious metals.

Wheaton Precious Metals (WPM) has a consensus rating of Buy from 6 analysts, with 17% recommending a Strong Buy, 67% a Buy, and 17% suggesting Hold.

Wheaton Precious Metals last executed a 1-for-5 stock split on December 21, 2004, which was the only split in its history.

Wheaton Precious Metals' main competitors include Agnico Eagle Mines, Barrick Gold, Franco-Nevada, Pan American Silver, and Alamos Gold.

WPM's implied volatility is currently 41.6, placing it in the 89th percentile, indicating that it has been more volatile than 89% of the time over the past year.

Brookfield Asset Management (BAM) focuses on managing infrastructure and real estate, benefiting from fee-based growth in a durable economy, evidenced by its 27% rise from recent lows. Although the stock has experienced a 1-year return of -17.71%, it boasts a solid 5-year return of 57.84%, supported by a dividend yield of 3.33%. Analysts remain optimistic, with a consensus rating of "Moderate Buy" among 20 Wall Street analysts, indicating confidence in BAM's long-term growth potential.

BAM has a consensus rating of 'Moderate Buy' from 20 Wall Street analysts, with 2 sell ratings, 8 hold ratings, 8 buy ratings, and 2 strong buy ratings.

BAM's all-time high closing price was $62.21 on July 24, 2025. Its 52-week high is $64.10, while the 52-week low is $41.78.

Analysts have a neutral consensus on BAM with a median price target of $61.00, suggesting a potential upside of 15.6% from its current price of $52.78.

Canadian Natural Resources (CNQ) stands out as a leading choice for investors seeking commodity exposure, thanks to its robust position in oil and gas production. With a notable dividend yield of 5.17% and impressive long-term returns of 246.87% over five years, it reflects solid financial health. Analysts maintain a strong outlook, with ratings of "Buy" from Goldman Sachs and "Outperform" from RBC Capital, signaling confidence in CNQ's growth potential despite recent challenges in oil prices.

CNQ's long-term prospects are positive due to solid earnings, increased dividends, reduced debt, pipeline optionality, declining political risk, and potential access to U.S. markets.

CNQ has initiated share buybacks, totaling CAD$1.3 billion in the first three quarters of 2025, which is less than CAD$2 billion annualized.

Analysts set a price target for CNQ at CAD 52.14, with estimates ranging from a low of CAD 47.00 to a high of CAD 61.00.

TC Energy (TRP) is an attractive option for investors seeking reliable income, boasting a 4.5% dividend yield from its robust natural gas pipeline operations. With a solid one-year return of 19.27% and a five-year return of 43.45%, the stock is positioned well for steady cash flow. Moreover, it holds a favorable outlook, supported by strong analyst ratings, including two "Outperform" recommendations from RBC Capital.

The long-term investment potential of TRP stock varies based on valuation methods, with a 1.8% year-to-date decline but a 19.2% return over the past year.

TRP refers to TC Energy Corp, which is listed on the Toronto Stock Exchange.

Current signals indicate that TC Energy Corporation stock is a buy, as short-term moving averages are above long-term averages.