FormerXBC Inc XEBEQ

Top Growth Stock

[ZouZS3]

Air Canada stock is attractive, because it looks like its considerably undervalued and offers significant upside. It remains to be seen. One top TSX stock that looks like it has even more growth potential is Xebec Adsorption (TSX:XBC). Xebec is a high-potential cleantech stock with massive growth potential over the coming years, as the world continues to shift to cleaner energy sources. Current PT is roughly $5.50. That means at current prices, the stock offers investors a little over 10% upside, according to analysts. Thats less potential than Air Canada stocks has in the short term. However, Xebec is in a much different position than Air Canada. Firstly, its business is not being impacted by the pandemic in nearly the same way as Air Canada, and therefore its not losing massive amounts of cash. Moreover, the stock has a lot more growth potential over the next few decades than Air Canada, or any airliner, for that matter. Cleantech is a revolutionary industry and one that will grow rapidly over the coming decades. Creating renewable energy is crucial to slow the effects of climate change, but its not enough on its own. Cleantech stocks will play an important role going forward. Xebec has incredible technology when it comes to capturing raw gasses and transforming them into clean energy in the form of renewable natural gas or hydrogen. These technologies continue to catch on, and the business is growing its sales consistently, which will only continue to ramp up over the coming years. Cleantech industry saw many stocks take a valuation hit earlier this year, the long-term potential has remained the same. Thats why Xebec is one of the best growth stocks on the TSX, especially considering its worth just $750 million. https://www.fool.ca/2021/05/24/forget-air-canada-this-tsx-stock-has-a-lot-more-growth-potential/