The Blue-Chip Canadian Stock Quietly Winning the AI Data Center Boom

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Looking for the top Canadian stocks to buy right now? Toromont Industries (TSX: TIH) just booked roughly $1 billion in orders through its AVL Manufacturing business — and it might be one of the most overlooked Canadian dividend stocks tied to the AI and data center power boom.

In this video I break down one of the more interesting Canadian blue chip stocks on the TSX today. I cover what AVL Manufacturing actually does (power generation and storage enclosures out of Hamilton, Ontario), when and how Toromont acquired its 60% stake back in February 2025, and why surging data center demand is driving these orders. I also dig into Toromont's financials, its 37-year dividend increase streak as one of Canada's longest-running dividend aristocrats, the new Charlotte, NC plant and planned Hamilton expansion, and the full bull vs. bear case — including whether the valuation makes sense up here.

If you're researching the best stocks to buy in 2026, top Canadian dividend stocks, or how to play AI infrastructure and data center power through quality dividend growth stocks, this one belongs on your watchlist.

I’m Dan Kent, co-founder of Stocktrades.ca, one of Canada’s largest and most trusted investing platforms. I’ve been a self-directed investor since 2009, and through Stocktrades, I’ve helped tens of thousands of Canadians learn how to navigate the stock market, build wealth, and invest with confidence.

On this channel, I provide in-depth research, transparent analysis, and practical guidance — all focused on the Canadian stock market.

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Видео The Blue-Chip Canadian Stock Quietly Winning the AI Data Center Boom канала Stocktrades - Canadian Investment Research