Many people aspire to retire as millionaires. Happily, with constant investing and disciplined monetary planning, this aim is properly inside attain. For example, by investing $500 every month and growing the contribution by 10% yearly in shares able to producing annualized returns above 12%, an investor might construct a portfolio value over $1.14 million in simply 21 years. Listed below are two shares that might assist obtain such spectacular long-term development.

Celestica

Celestica (TSX:CLS) has been one of many standout performers within the Canadian fairness markets this 12 months, with its share value surging almost 270%. The corporate’s spectacular quarterly outcomes and sturdy development outlook, supported by its growing publicity to the quickly increasing synthetic intelligence (AI) sector, have pushed its inventory value.

In its lately reported third-quarter outcomes, Celestica’s income grew by 28%, pushed by sturdy efficiency in its Connectivity & Cloud Options (CCS) phase, which benefited from a 79% surge in {Hardware} Platform Options income. The CCS phase generated $2.41 billion in gross sales, representing a 43% year-over-year enhance. Nonetheless, income from the Superior Know-how Options (ATS) phase declined 4% to $0.78 billion.

Furthermore, the corporate’s outlook stays sturdy, as clients proceed to take a position closely in increasing AI information centre infrastructure, which may drive the demand for its services and products within the coming years. Following its third-quarter outcomes, administration raised its 2025 steering and launched an optimistic outlook for 2026. The 2025 up to date steering tasks income and adjusted EPS development of 26.4% and 52.1%, respectively. Additionally, the administration’s 2026 targets suggest will increase of 65.8% in income and 111.3% in adjusted EPS in comparison with 2024 ranges.

Robust investor curiosity has pushed up Celestica’s valuation, with its subsequent 12-month (NTM) price-to-earnings a number of now at 44.6. Nonetheless, contemplating the corporate’s sturdy development outlook, this premium seems justified. I consider buyers can proceed to build up the inventory at present ranges to learn from its sturdy long-term return potential.

Dollarama

One other Canadian inventory with sturdy long-term return potential is Dollarama (TSX:DOL), which operates 1,665 shops throughout Canada and 395 shops in Australia. The corporate’s environment friendly direct sourcing mannequin and streamlined logistics have helped decrease prices, enabling it to supply a variety of client merchandise at aggressive costs. Consequently, the Montreal-based retailer continues to generate stable gross sales, even in a difficult financial setting.

Furthermore, its regular enlargement via the opening of latest shops has strengthened its monetary efficiency and supported its share value development. Over the previous decade, Dollarama has delivered spectacular whole returns of greater than 530%, representing an annualized development fee of 20.2%.

Furthermore, Dollarama’s administration plans to broaden its retailer base to 2,200 places in Canada and 700 in Australia by the tip of fiscal 2034. Supported by its capital-efficient and growth-oriented enterprise mannequin, fast gross sales ramp-up, quick payback interval, and low upkeep capital necessities, these enlargement plans can drive sturdy long-term development in each income and earnings.

Moreover, Dollarama holds a 60.1% stake in Dollarcity, which operates 658 shops throughout 5 Latin American nations. Dollarcity goals to broaden its community to 1,050 shops by the tip of fiscal 2031. Furthermore, Dollarama has the choice to extend its possession to 70% by the tip of 2027. These elements can improve Dollarcity’s contribution to Dollarama’s web earnings within the coming years. Contemplating all these elements, I consider Dollarama can ship outsized returns in the long run.