In the quieter corners of the Canadian market, two companies sit beneath the weight of investor disappointment — one a steady giant of clean energy humbled by a half-decade of falling prices, the other a growth darling that soared too fast and fell too far. Brookfield Renewable Partners and Lightspeed Commerce now trade at prices that reflect not what they are, but what the market fears they might become. For those who understand that pessimism and opportunity are often the same thing wearing different clothes, this moment may be worth a long, patient look.
Two Canadian Stocks Trading Below $100 Offer Long-Term Growth Potential
A stock trading 90% below its highs has already absorbed enormous pessimism.
Mark
Why should someone care about these two stocks specifically? There are hundreds of Canadian companies trading under $100.
Mimi
Because they're trading at depressed prices for different reasons, and both have track records or momentum that suggest the discount might be overdone. Brookfield has proven it can beat the market; Lightspeed is just starting to show the business can execute again.
Mark
But Lightspeed is down 90 percent. Doesn't that suggest something is fundamentally broken?
Mimi
It could. Or it could mean the market overpriced it wildly in 2021 and is now underpricing it out of fear. The recent earnings pop and revenue growth suggest the latter, but you have to be willing to live with uncertainty.
Mark
What about Brookfield? A 5 percent dividend sounds nice, but the stock is still down 50 percent.
Mimi
The dividend cushions the fall. You're getting paid while you wait for the renewable energy sector to recover. And Brookfield has a long history of outperforming, which is worth something.
Mark
How long is a long-term investor supposed to wait?
Mimi
That's the honest question. Years, probably. Maybe several. If you need the money in two years, neither of these is for you.
Mark
So this is really about temperament, not just picking the right stocks.
Mimi
Exactly. The stocks are cheap because the market is pessimistic. If you can't sit through that pessimism without panicking, the price doesn't matter.
Le Pouls
- Brookfield Renewable has shed nearly 50% of its value since 2021, turning what was once a market darling into a dividend-paying waiting game yielding above 5%.
- Lightspeed Commerce has fallen 90% from its peak — now trading below its IPO price — after growth euphoria gave way to one of the steeper collapses in recent Canadian tech history.
- A surprise 20% single-day jump following Lightspeed's latest earnings report, fueled by revenue growth and the founder's return as CEO, suggests the market may be reconsidering its harshest verdict.
- Both stocks demand something most investors struggle to supply: the willingness to sit still through noise, volatility, and the slow grind of recovery.
- The opportunity in each case is inseparable from the risk — and only those with multi-year conviction and genuine tolerance for uncertainty are likely to benefit.
In the quieter corners of the Canadian market, two companies sit beneath the weight of investor disappointment — one a steady giant of clean energy humbled by a half-decade of falling prices, the other a growth darling that soared too fast and fell too far. Brookfield Renewable Partners and Lightspeed Commerce now trade at prices that reflect not what they are, but what the market fears they might become. For those who understand that pessimism and opportunity are often the same thing wearing different clothes, this moment may be worth a long, patient look.
The Canadian stock market is quietly offering bargains for those with the temperament to notice them. Two companies in particular — Brookfield Renewable Partners and Lightspeed Commerce — have been so thoroughly punished by the market that their current prices seem to reflect surrender more than sober analysis.
Brookfield Renewable, a $20 billion clean energy company trading on the TSX as BEP.UN, has fallen nearly 50% since early 2021. That decline has pushed its dividend yield above 5%, meaning patient shareholders are being compensated simply to hold while they wait. The renewable sector is broadly out of favour, but Brookfield has a long record of outperforming the wider market — and with the global energy transition still underway, there is little reason to expect that history won't eventually reassert itself.
Lightspeed Commerce is a different proposition — higher risk, but potentially higher reward. Trading as LSPD, the company has collapsed 90% from its peak and now sits below its original IPO price, a casualty of the growth-stock mania that swept through 2020 and 2021. Yet the business has begun to stir. Its most recent quarterly results sent the stock up nearly 20% in a single session, buoyed by solid revenue growth and the news that founder Dax Dasilva would remain as chief executive — a signal the market received warmly.
What unites these two companies is what they demand of the investor: patience that is not merely preferred, but required. Neither is suited to those chasing near-term gains. But for those who can hold through uncertainty and give each business time to prove its recovery is real, the entry points are compelling. History tends to reward those who buy when others have given up — and right now, the market appears to have done exactly that with both of these names.
The Canadian stock market is littered with bargains right now, and if you have a hundred dollars and the temperament to wait, two companies stand out as worth serious consideration.
Brookfield Renewable Partners trades on the TSX under the ticker BEP.UN, and it's a $20 billion company that has taken a beating. From the start of 2021 to now, the stock has fallen nearly 50 percent—a brutal stretch for anyone who bought near the peak. But that collapse has created an opening. The dividend yield has climbed above 5 percent, which means patient shareholders are being paid handsomely just to hold the stock while they wait for a recovery. The renewable energy sector as a whole is in a downturn, yet Brookfield has a long history of outperforming the broader market. There's no obvious reason that pattern should reverse over the next decade or two, especially as the world continues its shift toward clean power. For an investor with a multi-year horizon and conviction in the energy transition, the current price looks like an invitation.
Lightspeed Commerce presents a different kind of opportunity—riskier, but potentially more rewarding. The company, which trades as LSPD, has collapsed 90 percent from its peak and now sits below the price at which it went public. The story here is one of excess followed by correction. In 2020 and 2021, growth expectations ran wild, and the stock soared on that momentum. Anyone who bought near the top and held through the fall has endured a miserable experience. But the underlying business has begun to show signs of life. When the company reported its most recent quarterly results, the stock jumped nearly 20 percent on the strength of revenue growth and the announcement that founder Dax Dasilva would stay on as chief executive. The market seemed to signal that the worst might be behind it.
The catch with Lightspeed is that patience is not optional—it's essential. This is not a stock for someone who needs to see gains in the next year or two. Short-term traders will likely find nothing to like here. But for someone willing to hold through continued volatility and give the business time to prove it can sustain its recent momentum, the risk-reward calculus becomes interesting. A stock trading 90 percent below its highs has already absorbed an enormous amount of pessimism.
Both companies share a common thread: they require the kind of investor who can sit still. That's harder than it sounds, especially when the money is yours and the market is noisy. Yet history suggests that the investors who succeed are often those who can tune out the noise and hold positions through the dry spells. Brookfield Renewable and Lightspeed Commerce are both trading at prices that suggest the market has given up on them—at least for now. Whether that pessimism is justified or overdone will only become clear over time. For those with the stomach for it, that uncertainty is precisely where opportunity lives.
Citations marquantes
Brookfield Renewable Partners has a proven track record of delivering market-beating returns and no reason that pattern should reverse over coming decades.— Investment analysis
Lightspeed founder Dax Dasilva confirmed as permanent CEO following recent quarterly earnings.— Company announcement
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