Halloween Amid Covid: 5 Stay-At-Home TSX Stocks To Explore

5 min read | October 29, 2020 12:44 PM EDT | By Team Kalkine Media

Summary

  • Shopify’s stock has swelled about 165.3 per cent year-to-date (YTD).
  • Andlauer’s return on equity (RoE) is 40.57 per cent, and its return on assets (RoA) is 13.21 per cent.
  • Metro’s YTD performance of the scrips reported a 16.3 per cent surge.
  • Telus has a current dividend yield of 5.143 per cent. It pays a quarterly cash dividend of C$ 0.291 per share.
  • Cargojet’s stock has skyrocketed 191 per cent since the COVID-led market crash on March 19.

 

With Halloween approaching in just two days, it is time to put on the spookiest face. But then, this is the year of the new normal. Confined indoors, people have switched to remote workstations, virtual shopping walks on e-commerce websites or apps, and online video meets to stay connected to friends and colleagues. This year, the world is looking for convenient and safe options amid a rising trajectory of Covid cases as winter approaches. And that brings us to stay-at-home stocks – a look at companies that have eased the shift to homebody economy.

From e-commerce and supply chain to high-speed internet and grocery stocks, here are five
stay-at-home stocks from the Toronto Stock Exchange: Shopify Inc (TSX:SHOP), Metro Inc (TSX:MRU), Andlauer Healthcare Group Inc (TSX:AND), Telus Corp (TSX:T), and Cargojet (TSX:CJT).

 

Shopify Inc (TSX:SHOP)

Current Stock Price: C$ 1336.89

 

Shopify is Canada’s largest e-commerce platform. As pandemic spread and people switched to online shopping, this tech behemoth helped thousands of business transition to online space, leading to its red-hot rally. 

Since hitting a low of C$458.52 amidst the Covid-led market crash in March, its stock price has regained over 190 per cent. The stock has also swelled about 165.3 per cent year-to-date (YTD).

Shopify has been ranked among TMX’s Top Price Performers that have the largest price gains in the last 30 days on the TSX and TSXV. The company has also been placed on TMX’s Top Tech stocks that are outperforming their peers in the last 30 days.

This e-commerce stock released its third quarter financial report on Thursday. Revenue shot up 96 per cent year-over-year to US$767.4 million.

 

Metro Inc (TSX:MRU)

Current Stock Price: C$ 62.32

 

Metro Inc is one of the leading groceries and food retailer in Canada. And food is all we need to survive this COVID.

Metro stock’s YTD performance reported a 16 per cent surge. In the last three months, the stock has increased by 6 per cent. The stock has rebounded 23.92 per cent since the COVID-led market crash in March. Its return-on-equity is 12.86 per cent. Metro Inc has a current market cap of C$ 15.7 billion.

 

Andlauer Healthcare Group Inc (TSX:AND)

Current Stock Price: C$ 44.15

 

Andlauer offers specialized transportation and healthcare logistics. People are stuck at home, and now staying healthy is the top priority. Andlauer became the gateway to healthcare stocks.

Andlauer’s scrips posted nearly 120 per cent surge YTD. In the last three months, the healthcare stock has soared by over 18 per cent and regained 123.54 per cent since the COVID-led market crash in March.

It’s return on equity (RoE) is 40.57 per cent, and its return on assets is 13.21 per cent.

Andlauer has been placed highly among TMX’s Top Healthcare stocks that have the largest price gains in the last 30 days on the TSX and TSXV.

Telus Corp (TSX:T)

Current Stock Price: 23.43

 

Without high-speed internet, people cannot stay connected and working remotely would be impossible. This telecom company is providing high-speed data to almost 30 per cent of internet users in Canada.

Telus stock reported a 9.34 per cent decline this year. However, it has recovered 17.96 per cent since the COVID-led market crash on March 24. In the last six months, the telecom stock has increased by 4.04 per cent.

Telus’ return on equity is 12.64 per cent and its return on assets is 3.75 per cent. The wireless stock holds a dividend yield of 5.143 per cent currently. The company pays a quarterly cash dividend of C$ 0.291 per share. The three-year dividend growth is 5.53 per cent, and five-year dividend growth is 6.91 per cent.

Telus has been placed among TMX’s top volume stocks that have traded with the largest volumes on the TSX and TSXV in the last 10 days. The company’s 10-day average volume is 2.16 million.

 

 

 

 

 

CargoJet Inc. (TSX:CJT)

Current Stock Price: C$ 219.78

Coronavirus unsettled and halted many business activities across the globe. The logistics industry was squeezed as well. But, this cargo carrier is a supply chain savior amid the COVID-forced stay-at-home phase.

Cargojet’s YTD performance scrips reported a 112.7 per cent growth. The stock has increased by 36.5 per cent in the last three months. The stock has skyrocketed 191 per cent since the COVID-led market crash on March 19. The air cargo stock has a dividend yield of 0.424 per cent. The company pays a quarterly cash dividend of C$ 0.234 per share. The 3-year dividend growth is 7.55 per cent, and its 5-year dividend growth is 10.20.

Cargojet ranks among TMX’s top industrial stocks that have the largest price gains in the last 30 days on the TSX and TSXV. The company has also been placed on TMX’s top price performer stocks that have outperformed the benchmark index in the last 30 days.


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