Shopify (TSX:SHOP) lately reclaimed the highest spot on the TSX for the biggest publicly traded firm by market capitalization. For a lot of who keep in mind the bull rally by tech shares, this will need to have been a great reminder of how thrilling investing in tech shares might be. August 7, 2025, noticed the tech inventory topple Royal Financial institution of Canada, however ceded the place not lengthy after. As of September 10, 2025, RBC leads once more.
Whereas motion from Shopify definitely appears thrilling, Canadian buyers considering tech shares may need higher investments to think about. At present, I’ll talk about two TSX shares that may be a extra appropriate slot in your self-directed portfolio for important long-term good points.
Topicus.com
Topicus.com (TSXV:TOI) is a spin-off from Constellation Software program, following the dad or mum firm’s mannequin of buying varied vertical-specific software program companies with wholesome money circulation from upkeep. The corporate acquires companies throughout numerous verticals, with every having robust tech spending that provides Topicus.com the flexibility to additional its success and reap the advantages. Centered extra on European markets, the $14.87 billion market-cap inventory appears well-positioned to observe the steps of its dad or mum firm.
As of this writing, TOI inventory trades for $180.66 per share, up by 63.02% from its 52-week low. The corporate grows its share value by reinvesting free money circulation to amass software program corporations. By concentrating on already profitable corporations, it has a stable enterprise mannequin that nearly ensures success in a usually risky tech business. It may be a steal at present ranges for buyers looking for a discount.
Descartes Methods
Descartes Methods Group (TSX:DSG) is a $12.74 billion market capitalization software program firm that companies the worldwide delivery business. The corporate gives software program options that permit customers within the delivery business talk seamlessly with each other. The corporate offers essential logistics and provide chain software program options that allow freight to get from one place to a different. It is a extremely sought-after answer at a time when the world is dealing with important provide chain points.
The corporate has excessive recurring revenues, and its enterprise mannequin permits for robust revenue margins. The corporate has been producing loads of free money circulation over time, which it invests in intelligent acquisitions. As world commerce tensions create extra demand for provide chain options, DSG inventory buyers could be taking a look at loads of upside within the coming years.
Silly takeaway
Whereas appropriate alternate options to SHOP, TOI inventory, and DSG inventory nonetheless have an extended solution to go to have the ability to compete with the likes of RBC by way of market capitalization. Shopify won’t be essentially the most enticing by way of whole returns at present ranges. Nonetheless, the inventory has the potential to ship substantial progress for buyers with a lengthy funding horizon. It could be price allocating a portion of your funding capital to taking over a great place within the tech inventory.
