the motley fool canada put 3 TSX stocks on its pre-summer watchlist. Amy Legate-Wolfe said, "Summer can sneak up fast on the market." The list pairs CareRx, Orla Mining, and BRP with recent results that changed the setup for each name.
CareRx posted $370.2 million in revenue in 2025, up from $366.7 million, while adjusted EBITDA (earnings before interest, taxes, depreciation, amortization) climbed to $32.9 million and net income reached $26.1 million after a prior-year loss. That combination came after the company added beds, improved margins, reduced net debt, completed work on its new British Columbia Lower Mainland pharmacy, and started paying a quarterly dividend.
CareRx Adds Beds and a Dividend
CareRx serves seniors in long-term care homes, retirement homes, assisted living facilities, and other congregate care settings. Its latest quarter-inch gain in revenue was not the main story; the larger shift was that the company moved from loss-making to profitable while also declaring a $0.02-per-share quarterly dividend for the first quarter of 2026.
2.2% was the stated yield on that dividend, giving income-focused holders a cash return alongside the turnaround in operating results. For readers comparing TSX names before summer, CareRx now combines defensive demand with a balance-sheet and earnings profile that looked cleaner over the last year.
Orla Mining's US$133.4 Million
US$143.1 million in adjusted earnings and US$133.4 million in free cash flow marked Orla Mining's fourth quarter of 2025, with adjusted earnings also equal to US$0.42 per share. Those numbers followed 300,620 ounces of gold produced in 2025, a result that beat revised guidance and carried more weight after the company acquired the Musselwhite mine in Ontario from Newmont.
340,000 to 360,000 ounces is Orla's 2026 consolidated production target, a range that gives investors a clear operating yardstick after a year of stronger output. The company already runs the Camino Rojo mine in Mexico, so the growth case now rests on how well the new larger platform converts that production base into cash.
BRP's $2.5 Billion Quarter
$2.5 billion in fourth-quarter fiscal 2026 revenue marked a 16% increase at BRP, while normalized EBITDA (earnings before interest, taxes, depreciation, amortization) jumped 47.3% to $363.8 million. The company spent the past year right-sizing inventory, cutting costs, and improving product mix, and North American dealer inventory moved lower as a result.
$8.4 billion in full-year revenue, $1.1 billion in normalized EBITDA, and $5.21 in normalized EPS show the scale of that recovery across the year. BRP sells Ski-Doo snowmobiles, Sea-Doo personal watercraft, Can-Am off-road vehicles, and other powersports products, so the current setup rewards readers who want a cyclical name that has already shown it can improve the numbers before summer.
3 TSX picks is a short list, but the logic behind it is different for each company: CareRx offers steadier healthcare demand, Orla Mining brings production growth and cash generation, and BRP adds a cyclical recovery tied to leaner inventories and better margins. If those figures hold, the set gives investors three ways to approach the Canadian market without relying on the same catalyst twice.
The Motley Fool Canada Picks
3 companies, 3 different operating stories, and 3 separate financial setups is the real point of the list. The next move for readers is straightforward: compare the reported revenue, cash flow, and production numbers, then decide which catalyst matches the risk they want before summer.
