3 Unstoppable Canadian Growth Stocks You Can Buy Right Now For Under $ 100

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When it comes to finding great investments, high-quality Canadian growth stocks that can expand their business for years to come are some of the best you can buy.

Some stocks may experience periods of rapid growth followed by periods of stagnant growth, during which they struggle to find new ways to generate income. But the best stocks will be companies that have differentiated themselves and have clearly proven that they can constantly expand their operations and increase shareholder value.

So if you’re looking for some of the best Canadian growth stocks to buy, here are three of the best to consider today.

An incredible crypto stock to buy and hold for the long term

In this market environment, some of the best growth stocks to buy if you can handle the volatility will be crypto stocks. That is why Galaxy digital backgrounds (TSX: GLXY), in my opinion the best crypto stock in Canada, is one of the top Canadian growth stocks to buy right now.

In addition to the fact that its stock is considerably cheap right now, almost 50% of its all-time high, the growth potential the stock offers is actually a more compelling reason to invest.

Galaxy has built an incredibly diverse financial services business that serves the cryptocurrency industry. Whether it’s creating investment funds, so Canadians can gain exposure to cryptocurrencies, holding the market for institutional and high net worth clients, or even offering investment banking services to cryptocurrency companies, Galaxy Digital is perfectly positioned to take advantage of the current boom in the cryptocurrency industry.

While this unstoppable Canadian growth stock is still cheap, I consider it one of the best to buy today.

A leading growth stock to buy now

Another great Canadian growth stock to buy now that continues to impress is Aritzia (TSX: ATZ). Aritzia is a rapidly growing, vertically integrated womenswear retailer in North America.

While most of her stores started in Canada, lately she has quickly expanded to the United States with the same success.

Aritzia’s whole strategy is refreshing and, therefore, it’s no surprise that it has been so successful. The company has managed to carve out its own market share, making fashion products that are more luxurious and desirable than fast fashion items, but at prices still much cheaper than real luxury brands.

In addition, it is committed to building its e-commerce platform well in advance of the pandemic and intends to use its successful stores as a physical marketing platform that generates cash flow for its new products.

All of this has resulted in impressive growth, with retail inventory performing exceptionally well during the pandemic. In fact, over the past three years, investors have achieved a total return of almost 200% or a compound annual growth rate of over 42%.

So if you’re looking for a truly unstoppable Canadian growth stock to buy right now, Aritzia is one that continues to impress.

A leading residential real estate portfolio for long-term investors

Last but not least is a residential real estate stock, InterRent REIT (TSX: IIP.UN). InterRent is an incredibly successful real estate action that has been rapidly and steadily increasing investor capital for over a decade.

The company took full advantage of the booming Canadian housing market as well as ultra-low interest rates. To do this, it regularly makes high-quality acquisitions to expand its portfolio. He is also heavily invested in modernizing the properties he owns in order not only to increase the net asset value for investors, but also to dramatically increase the cash flow generated by each property.

It has been exceptionally successful, with investors over the past decade achieving a total return of 600%. It’s hard to find an investment as secure as residential real estate that can increase your investment by 600% in just 10 years.

So if you are looking to buy high quality growth stock, InterRent is one of the best Canadian real estate stocks you can consider.

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