![\"A](\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/05\/d32be7ec1ce7cae7aa36ac07f459cd51.jpeg\")
Source: Getty Images <\/p>\n Source: Getty Images <\/p>\n
Written by Rajiv Nanjapla<\/a> at The Motley Fool Canada<\/p>\n Global equity markets have remained volatile this year amid escalating geopolitical tensions and rising energy prices. However, the recent ceasefire announcement involving the United States and Iran has provided some relief to investors. Optimism that both countries are close to striking a deal to end the war has also supported Canadian equities, with the S&P\/TSX Composite Index rebounding 8.7% from its March lows.<\/p>\n Despite the ongoing uncertainty, long-term investors should avoid getting distracted by short-term market volatility and instead focus on high-quality growth stocks that can deliver superior returns over time. Growth companies<\/a> typically expand their revenue and earnings faster than the industry average, enabling them to generate outsized long-term gains. However, this stronger growth potential often comes with higher valuations and increased business risk, making these stocks ideal for investors with a higher risk tolerance.<\/p>\n Against this backdrop, let\u2019s look at two Canadian growth stocks that could deliver strong returns over the next year.<\/p>\n Celestica <\/p>\n Celestica (TSX:CLS<\/a>) provides critical infrastructure solutions to hyperscale customers building and expanding data centres. Supported by its growing exposure to the rapidly expanding artificial intelligence<\/a> (AI) market and strong financial execution, the stock has surged nearly 29% this year. In its recently reported first-quarter results, the company posted revenue<\/a> of $4.05 billion, up 52.8% year over year, driven primarily by the strong performance of its Connectivity & Cloud Solutions (CCS) segment, where revenue climbed 76%. Meanwhile, revenue from its Advanced Technology Solutions (ATS) segment remained relatively flat at $0.81 billion.<\/p>\n Celestica\u2019s adjusted earnings per share<\/a> (EPS) came in at $2.16, exceeding management\u2019s guidance range of $1.95 to $2.15. On a year-over-year basis, adjusted EPS rose 80%, supported by strong revenue growth, expansion in adjusted operating margin from 7.1% to 8%, and the repurchase of 0.1 million shares for $20 million.<\/p>\n Following its strong first-quarter performance, management raised its 2026 outlook and now expects revenue and adjusted EPS to grow at annualized rates of 53.2% and 67.8%, respectively. In addition, the company anticipates another year of strong revenue growth in 2027, supported by improved demand visibility and new program wins. Given these strong growth drivers, I believe Celestica is well-positioned to sustain its upward momentum and deliver impressive long-term returns for shareholders.<\/p>\n Story Continues <\/p>\n Savaria <\/p>\n Another growth stock that I am bullish on is Savaria (TSX:SIS<\/a>), which designs, manufactures, and installs accessibility solutions for residential and commercial customers worldwide. Supported by its broad manufacturing footprint and extensive distribution network, the company markets its products across several global markets. Earlier this week, Savaria reported strong first-quarter results, with revenue rising 6.95% year over year to $235.4 million. In addition to healthy organic growth, acquisitions completed over the last four quarters also contributed to the company\u2019s top-line expansion.<\/p>\n Meanwhile, adjusted EPS increased 34.8% to $0.31, supported by revenue growth and improving operating efficiency. Its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) climbed 18.4%, while adjusted EBITDA margin expanded by 190 basis points to 20.4%.<\/p>\n Demand for Savaria\u2019s products continues to rise amid an aging population and increasing adoption of in-home accessibility solutions. To capitalize on these favourable trends, the company is developing innovative products and building strategic partnerships to strengthen its market position. Backed by these growth drivers, management expects revenue to grow at an annualized rate of 12% through 2030, reaching $1.6 billion. The company also hopes to maintain an adjusted EBITDA margin above 20% while increasing adjusted EBITDA per share at an annualized rate of 10.4% to $4.25 in 2030.<\/p>\n In addition to its strong growth outlook, Savaria\u2019s monthly dividend<\/a> of $0.0467 per share yields 1.95% on a forward basis. With the stock trading at 19.9 times forward price to earnings<\/a>, its valuation also appears reasonable, making Savaria an attractive long-term investment opportunity.<\/p>\n The post 2 Canadian Growth Stocks I Expect to Skyrocket in the Next Year<\/a> appeared first on The Motley Fool Canada<\/a>.<\/p>\n Should you invest $1,000 in Celestica right now? <\/p>\n Before you buy stock in Celestica, consider this:<\/p>\n The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026\u2026 and Celestica wasn\u2019t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.<\/p>\n Consider MercadoLibre, which we first recommended on January 8, 2014 \u2026 if you invested $1,000 in the \u201ceBay of Latin America\u201d at the time of our recommendation, you\u2019d have over $18,000!*<\/p>\n Now, it\u2019s worth noting Stock Advisor Canada\u2019s total average return is 94%* \u2013 a market-crushing outperformance compared to 85%* for the S&P\/TSX Composite Index. Don\u2019t miss out on our top 10 stocks, available when you join our mailing list!<\/p>\n Get the 10 stocks instantly<\/a><\/p>\n * Returns as of April 20th, 2026<\/p>\n More reading<\/p>\n Fool contributor Rajiv Nanjapla<\/a> has no position in any of the stocks mentioned. The Motley Fool recommends Celestica. The Motley Fool has a disclosure policy<\/a>.<\/p>\n 2026<\/p>\n","protected":false},"excerpt":{"rendered":"Source: Getty Images Written by Rajiv Nanjapla at The Motley Fool Canada Global equity markets have remained volatile…\n","protected":false},"author":2,"featured_media":37923,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,16348,16349,8145,3974,2291],"class_list":["post-37922","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada","tag-celestica","tag-earnings-per-share","tag-growth-stocks","tag-motley-fool","tag-revenue-growth"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/37922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=37922"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/37922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/37923"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=37922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=37922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=37922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}