Consumer
Will ByteDance Bite The Bait of China’s Lucrative Auto Space?
March 04, 2021 04:24 PM EST| By Ipsita Sarkare. QCraft executives previously worked at Tesla and Uber. Chinese social media giant ByteDance Ltd. could be eyeing to grab a slice of China’s expanding auto industry, dubbed as world’s largest vehicle market. The owner of the TikTo...
World Book Day 2021: 3 Publishing Stocks To Read Into
March 04, 2021 04:06 PM EST| By Shreya BiswasSource:Shutterstock Summary Today, March 4, happens to be World Book Day, an occasion publicized by the UNESCO to celebrate books and literature. Stocks of Canadian media conglomerate Thomson Reuters are currently ranked high among trending indu...
Why Canada Goose (TSX: GOOS) Could Be Your Ace Card in 2021
March 02, 2021 03:55 PM EST| By Ipsita SarkarSource: William Potter ,Shutterstock Summary Canada Goose hires Chinese designer to create its first line of East-West fusion collection. Its sales revenues from mainland China rose 42 per cent in the third quarter of 2020. Partners with...
Target’s (NYSE:TGT) 2020 Sales Soar US$15Bn, Net Income Surges 33% YoY
March 02, 2021 08:33 AM EST| By Shreya BiswasSource: Lifestyle Travel Photo, Shutterstock Summary American retail giant Target Corporation (NYSE:TGT, TGT:US) has beaten Wall Street’s estimates with its latest earnings released on Tuesday. As the big box retailer gained from the pan...
ChargePoint (NYSE:CHPT) & NIO: 2 EV Stocks For A Green Future
March 02, 2021 08:22 AM EST| By AnujSource: Travelpixs, Shutterstock The electric vehicle (EV) industry has been thriving as investors continue to park their funds in green stocks. This industry is not only confined to EV manufacturers, but also includes firms that are engaged i...
Can Fake Meat Replace Human’s Gastronomic Meaty Palate?
February 28, 2021 12:13 AM EST| By Ipsita Sarkart also supplies faux meats to fast-food chains such as KFC, Taco Bell, and Pizza Hut. While this may seem farfetched for the famished meat-eaters, the idea is slowly gaining grounds in some parts of the world. Unlike the case of vegetarianism vs...
Why Is Canadian Tire (TSX:CTC) in News Today?
February 25, 2021 09:21 AM EST| By AnujSource: Andrey Aboltin, Shutterstock Video of maskless confrontation by a customer at a Canadian Tire (TSX: CTC) retail outlet has gone viral. The short clip shows a heated altercation between the store employees and the maskless customer. A shopke...
Why Are Sypris Solutions (SYPR) Stocks Rising?
February 25, 2021 07:31 AM EST| By AnujSource: Phonlamai Photo, Shutterstock Summary Stocks of Sypris Solutions have skyrocketed over 190 per cent intraday and ended the trading session with a surge of more than 90 per cent on Wednesday. This whopping rise came after the company&rs...
Workhorse (WKHS) Stocks Sink 48% As Rival Oshkosh Bags US Postal Contract
February 24, 2021 05:06 AM EST| By Shreya BiswasSource: Shutterstock Stocks of utility vehicles manufacturer Workhorse Group Inc (NASDAQ:WKHS, WKHS:US) sank by nearly 48 per cent on Tuesday, February 23, after rival Oshkosh Corporation (NYSE:OSK, OSK:US) beat it to a vital US Postal Service contr...
Denny's (NASDAQ:DENN): Should You Buy This Restaurant Stock?
February 22, 2021 09:06 AM EST| By Ipsita SarkarStocks of North American restaurant chain Denny’s Corporation (NASDAQ: DENN, DENN: US) has been soaring despite reporting weak sales due to the pandemic. After registering 17.5 per cent decline in the one year, the scrips have rebounded nicely,...
Magna’s (TSX:MG) Profit Up 68% YoY - An Auto Stock To Buy
February 19, 2021 11:34 AM EST| By AnujSummary Magna stocks surged over 8 per cent on Friday after the company reported profit on a year-over-year basis. The auto company also raised the quarterly dividend by 8 per cent to US$ 0.43 per common share. Stocks of the large-cap vehicle .....
Canadian Tire (TSX:CTC.A) Stocks Soars On Top Line Growth
February 18, 2021 11:39 AM EST| By Hina ChowdharySummary Canadian Tire stocks took off on Thursday after the retail chain published its latest financials for year 2020 and its last quarter earlier in the day. Canadian Tire’s e-commerce sales galloped by a whopping 142 per cent year-over.....
Hermes International Stocks Are Up Because Of A Celebrity V-Day Gift!
February 16, 2021 09:19 AM EST| By Kunal SawhneySummary Luxury goods company Hermès International SA (EPA: RMS, HESAF:US) has been trending on the stock markets for an unusual reason. In a recent social media post, model Lori Harvey revealed that boyfriend Michael B Jordan has bought .....
2 Digital Stocks To Buy: Cypherpunk (HODL) & Skillz (NYSE: SKLZ)
February 08, 2021 08:52 AM EST| By Kunal SawhneySummary Cypherpunk’s stock has grown 53 per cent this year as the company increased its Bitcoin holdings. In one year, Cypherpunk’s stock has skyrocketed over 427 per cent, led by the crypto rally. The US-based mobile game develope.....
Super Bowl 2021: 5 Stocks To Buy For A Win!
February 08, 2021 06:08 AM EST| By Kunal SawhneyWith COVID-19 still around, many fans were worried if they would miss all the goodness of Super Bowl this year. But all sports afficiandos breathed a sigh of relief when the National Football League (NFL) year championship game was not cancelled. On...
AutoCanda & North West: 2 TSX Consumer Stocks To Explore
February 07, 2021 12:07 AM EST| By Hina ChowdharySummary Growth in certain categories of consumer stocks indicates they weathered well the turbulence of pandemic Covid-19. Stocks of automobile retail chain AutoCanada Inc. rides on recent acquisitions and expansions. Household retail giant No.....
ATA Creativity (AACG) Stocks Plummet After 951% Surge
February 05, 2021 10:26 AM EST| By Kunal SawhneyInvestors stopped and stared at the stocks of Beijing-based educational firm ATA Creativity Global (NASDAQ:AACG, AACG:US) as they surged by over 951 per cent on Thursday, February 4. The stock price jump came with a notable rise in its trading volume...
Canada Goose (TSX:GOOS) Up 22%: Should You Buy This Consumer Stock?
February 05, 2021 08:12 AM EST| By Kunal SawhneyThe pandemic-triggered drop in consumer spending, especially when it came to non-essentials such as seasonal clothing, saw Canada Goose’s (TSX:GOOS) business take a hit earlier in 2020. But its latest, generally positive earnings report r...
Canada Goose (TSX:GOOS) Nets C$107Mn, Stocks Off To A Flying Start
February 04, 2021 11:12 AM EST| By Kunal SawhneySummary Canada Goose stocks lead trends after positive Q1 earnings report. A significant boost in e-commerce business in Asian markets helps improve performance. Its 2021 Q1 revenue rose nearly five percent to $474 million. Consum.....
West Fraser (TSX:WFT) Closes Multi-billion Dollar Acquisition Of Norbord
February 04, 2021 06:10 AM EST| By Kunal SawhneySummary West Fraser concluded its acquisition of Norbord and offered 0.675 of West Fraser’s common share in return for every outstanding share of Norbord. Stocks of West Fraser have yielded 58 per cent returns in one year, with a price-ea.....