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Celestica Inc. (CLS) was the best large- or mid-cap stock to own on the Toronto Stock Exchange over the past three months, with a gain of 76.6%, followed by Cameco Corp. (CCO, 67.6%) and Galaxy Digital Inc. (GLXY, 66.4%).

The second quarter of 2025 turned out to be a rebound period for Canadian equities, as the S&P/TSX Composite Index gained 7.3%. From the lows around “Liberation Day” on April 2, when the Trump administration rolled out its tariff program, the benchmark climbed back to set a new all-time high. Analysts have attributed the rally to a combination of relief that the trade wars have been quelled on several fronts and strong corporate profits.

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Celestica leads tech comeback

The technology, materials, and industrial sectors were all represented in the list of top-performing Canadian stocks with market capitalization over $2 billion…

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