Written by: Stan Heller

The TSX has announced a new line-up of Venture 50 stocks for 2023. Investors interested in value and growth stocks would be well-advised to keep their eyes on this list in 2023.

The TSX Venture 50 list comprises 10 companies from each of these five industry sectors: Clean Tech & Life Sciences; Diversified Industries; Energy; Mining and Technology. The stocks are selected based on three equally weighted performance criteria between December 31, 2021, and December 31, 2022: market capitalization growth, share price appreciation and trading volume.

The latest Venture 50 edition shows investors are increasingly snapping up stocks in energy-related sectors. Lithium, hydrogen and solar stocks delivered outstanding year-over-year gains to December 30, 2022.

“Among the winners were Vancouver-based First Hydrogen Corp., which saw its share price increase 144 per cent, and Calgary-based CVW CleanTech Inc., which works to deliver clean technology solutions to Alberta’s oilsands industry and saw its market capitalization increase by 322 per cent.”

Run a QuickTest of the Venture 50 stocks from December 31, 2021 to December 30, 2022 and sort the list by % Price Change to see the top performers in the WatchList as presented below.



“As the world’s really thinking about and grappling with energy transition, critical minerals – things like copper, lithium – are obviously increasingly important,” said Loui Anastasopoulos, CEO of the Toronto Stock Exchange, in an interview. “Things like electric vehicle batteries, to solar and wind power installations – the demand continues to grow. And I think you’re seeing that in some of the performance here.”

“But the biggest winner was the mining sector, which grew 174 per cent compared to 34 per cent combined growth among other sectors, driven in part by sudden increased investor interest in the critical minerals and metals space.” Please click here to read more.

You will find the complete list of the Venture 50 stocks for 2023 in VectorVest’s TSX WatchList folder. For more details about the selection criteria, click here.

There were 1,724 TSX Venture Exchange (TSXV) listed companies as of December 31, 2022. The TSX Venture 50 is THE CREAM OF THE CROP.