The fairness markets are at the moment navigating a interval of heightened geopolitical uncertainty. On the identical time, considerations about excessive inflation and stress on shopper spending are creating further challenges. Regardless of these headwinds, a number of high-quality TSX shares stay compelling alternatives. Specifically, a variety of basically sturdy corporations are nonetheless buying and selling underneath $50 and have room to run.
Many of those Canadian shares are positioned to profit from sturdy demand developments and stable execution.
In opposition to this backdrop, listed here are two TSX shares buying and selling underneath $50 with vital upside.
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Below $50 TSX inventory #1: Chicken Building
Chicken Building (TSX:BDT) is among the high TSX shares buying and selling underneath $50 with vital upside. The corporate is a number one building and upkeep supplier in Canada, with operations spanning civil infrastructure, industrial initiatives, and defence-related work, segments that have a tendency to profit from sustained authorities and institutional funding.
Over the previous three years, Chicken Building has delivered distinctive returns to shareholders. The inventory has generated complete beneficial properties exceeding 395%, representing a median annualized return of greater than 70%. Regardless of macroeconomic pressures affecting elements of the broader building sector, the corporate has continued to reveal operational resilience whereas positioning itself for future enlargement.
Supporting Chicken’s progress outlook is its substantial mission pipeline. In 2025, the corporate reported a mixed backlog and pending backlog of greater than $11 billion. This huge order e book offers vital income visibility over the approaching years and displays sturdy demand throughout its core markets. A lot of this demand is pushed by structural components, resembling elevated public infrastructure spending, vitality transition initiatives, and government-backed defence initiatives, which generate steady, multi-year mission exercise.
Financially, Chicken Building maintains a stable stability sheet, which boosts each stability and strategic flexibility. Its capital place permits administration to pursue selective acquisitions that increase its goal market and strengthen long-term progress prospects whereas sustaining monetary self-discipline.
Total, Chicken Building’s strong backlog, publicity to Canada’s infrastructure enlargement, and long-term income visibility place the corporate as a compelling funding alternative with significant upside potential.
Below $50 TSX inventory #2: SECURE Waste Infrastructure
SECURE Waste Infrastructure (TSX:SES) is one other engaging long-term inventory that’s buying and selling underneath $50. The corporate operates throughout waste administration and vitality infrastructure, delivering companies that help recurring income streams and constant money flows. This enterprise mannequin offers resilience and stability throughout market cycles, positioning it for long-term progress.
SECURE Waste shares have grown at a median annualized price of roughly 55% over the previous three years, producing complete beneficial properties exceeding 272%. SECURE’s progress displays sturdy operational efficiency and investor confidence within the firm’s long-term technique.
Current tariff-related uncertainty has weighed on the corporate’s metals recycling phase, however these pressures are short-term. SECURE Waste continues to profit from sturdy momentum in its core waste administration and infrastructure companies, which stay the first progress drivers for the corporate.
As well as, SECURE Waste maintains a pipeline of long-duration infrastructure initiatives which are anticipated to help sustained enlargement. As these initiatives change into operational, they’re anticipated to meaningfully contribute to earnings, with a notable improve in adjusted EBITDA anticipated starting in 2026.
Trying forward, SECURE plans to proceed investing in high-return natural progress alternatives whereas increasing its infrastructure community to fulfill rising buyer demand. On the identical time, a possible restoration within the metals recycling phase may present incremental earnings help and additional strengthen total progress prospects. Collectively, these components place SECURE Waste Infrastructure to ship engaging long-term returns for traders.
