Benchmark Beaters is a weekly report tracking stocks making new highs relative to their benchmark. Each week we surface new leaders, repeat outperformers, and sustained streaks - objectively and consistently.

Benchmark Beaters Weekly

Every week, our Benchmark Beaters screener identifies the Canadian and US stocks that are outperforming their benchmarks. Each blog post highlights 2 Canadian and 2 US “new” stocks - with a 1-year price chart, a quick business description, and a brief investment insight.

Canadian Stocks (New This Week 🟢)

Firan Technology Group – FTG

Theme: Defence Electronics Winning Long-Cycle Contract Momentum

FTG designs and manufactures high-reliability printed circuit boards and illuminated cockpit assemblies for aerospace and defence customers globally, operating through its Circuits and Aerospace segments. The company is appearing on this week's list on the back of strengthening order momentum and a broadening customer base that now includes growing Airbus exposure and NASA program work, with Q1 2026 earnings due imminently adding a near-term catalyst. Investors are rotating into domestic defence electronics suppliers with proven long-cycle government and OEM relationships, and Firan's combination of circuit manufacturing depth and cockpit avionics expertise positions it well within that trade.

Telesat – TSAT

Theme: Sovereign LEO Connectivity Reaching Inflection Point

TSAT is a Canadian satellite operator building Telesat Lightspeed, a low-earth-orbit constellation purpose-built for telecom, government, and defence customers requiring resilient, high-capacity connectivity. The stock has surged in recent weeks following a series of meaningful program milestones - the addition of dedicated military Ka-band spectrum to its initial 156 satellites to meet allied defence demand, new terrestrial landing station sites in Quebec and Saskatchewan, and a multi-year commercial agreement with Northwestel to deliver sovereign broadband across Northern Canada. As defence spending priorities and Canadian sovereignty concerns have elevated the profile of domestic space infrastructure, investor interest in Telesat's Lightspeed program has accelerated materially ahead of first production satellite launches scheduled for 2028.

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US Stocks (New This Week 🟢)

Cboe Global Markets – CBOE

Theme: Volatility Regime Powering Exchange Revenue Records

CBOE operates the world's largest options exchange and is the home of the VIX - the market's benchmark fear gauge - making it structurally positioned to benefit from exactly the kind of elevated uncertainty environment markets are navigating today. The company delivered record full-year results, with net revenue up across every business segment, driven by explosive growth in zero-days-to-expiration SPX options and a third consecutive record year for VIX options volume. With volatility elevated and institutional hedging demand robust, CBOE is one of the few businesses that genuinely benefits from market turbulence rather than suffering from it.

Lumentum Holdings – LITE

Theme: AI Optical Infrastructure Demand Scaling Rapidly

LITE designs and manufactures photonic and optical components - particularly electro-absorption modulated lasers and high-speed transceivers - that are becoming critical infrastructure inside AI data centers as hyperscalers scale to 800G and 1.6T network architectures. Revenue growth has accelerated sharply as cloud customers ramp capacity, with the company recently formalizing a strategic multiyear agreement with NVIDIA including a substantial investment to accelerate co-packaged optics development. Management has guided for continued revenue expansion well beyond its previous milestones, and with over 60% of revenue now tied to cloud and AI infrastructure, Lumentum has established itself as an essential supplier in the buildout of next-generation data center connectivity.

🔒 See all New, Repeat, and Streak stocks this week - download the full report

Curious about the full picture? See dozens of top-performing stocks this week, along with their sectors, market caps, 6-month performance, and whether they’re new, repeating, or on a streak - all in our weekly PDF report.

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