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Stock market
Spotlight on TSX Tech Stocks as CEOs Seek Bold Policies From Trudeau: SHOP, LSPD, CSU
October 28, 2020 01:34 PM EDT| By Kunal SawhneySummary Canada fell two spots behind Slovenia to rank 22nd in the 2020 Bloomberg Innovation Index. Over 130 tech heads wrote to PM Trudeau demanding supportive ecosystem to nurture innovation and commercialization of ideas. Shopify’s sto.....
3 Candy Stocks & An ETF For Halloween 2020
October 28, 2020 01:30 PM EDT| By Team Kalkine MediaThough the year 2020 has been quite choked with horror overall, thanks to the COVID-19 pandemic, people are still looking forward to celebrating the special night designated to all things scary – Halloween. Just around the corner on Saturday,.....
5 Penny Stocks To Explore Before Fall Ends
October 28, 2020 06:49 AM EDT| By Team Kalkine MediaSummary While penny stocks can turn out to be hugely rewarding, investors should tread cautiously before investing in them. Kodiak Copper (TSXV:KDK) stock gained 213.6 per cent YTD while VIQ Solutions (TSXV:VQS) stock gained 129.35 per cent in .....
Pembina Pipeline & Bank Of Nova Scotia: 2 Largecap Dividend Paying Stocks
October 27, 2020 10:23 AM EDT| By Kunal SawhneySummary Pembina Pipeline Corp (TSX: PPL) holds a dividend yield of 8.9 per cent. Pembina stock has rebounded over 70 per cent since the pandemic-led crash on March 19. Bank of Nova Scotia paid a quarterly dividend of C$ 0.9 in the last five co.....
Bombardier (TSX:BBD) & Genworth MI Canada (TSX:MIC): Two Trending TSX Stocks
October 27, 2020 07:38 AM EDT| By Team Kalkine MediaSummary Bombardier is selling off its aerostructures business to Spirit AeroSystems Holding for a cash consideration of US$275 million under revised deal terms. Brookfield, which already owns a 57 per cent stake in residential mortgage insuranc.....
Kinaxis (TSX:KXS) & TFI International (TSX:TFII): 2 Dividend-Yielding Logistic Stocks
October 27, 2020 03:54 AM EDT| By Kunal SawhneySummary TFI International’s third quarter results reveal 27 per cent increase in free cash flow and 18 per cent year-over-year increase in operating income. TFI International Inc. (TSX:TFII) stock has gained 50 per cent this year. Cash f.....
Royal Bank Of Canada (TSX:RY) & Bank Of Montreal: 2 Bluechip Stocks To Punt On
October 26, 2020 04:27 PM EDT| By Hina ChowdharyThe Canadian economy is likely to decline by 7.1 per cent in 2020, according to the latest International Monetary Fund (IMF) outlook report. Bank of Canada’s latest Business Outlook Survey indicates that the business sentiment is grim.....
Methanex (TSX:MX) & EcoSynthetix (TSX:ECO) Stocks Rise as Alternative Fuel Gains Popularity
October 26, 2020 10:31 AM EDT| By Kunal SawhneyCompanies indulging in alternative technology have made a stride in the stock markets this year. The S&P/TSX Renewable Energy and Clean Technology Index recorded a growth of over 35 per cent year-to-date (YTD). Stocks of alternative energy prod.....
Cenovus (TSX:CVE) & Husky (TSX:HSE) All-Stock Merger To Create C$23.6-billion Energy Giant
October 26, 2020 09:34 AM EDT| By Kunal SawhneyCenovus's Foster Creek project in northern Alberta Summary Cenovus Energy Inc. (TSX: CVE) and Husky Energy Inc. (TSX: HSE) merger will create one of the largest refining companies in the country worth C$23.6 billion. Canadian oil-sands produce...
Drone Stocks Fly As E-Commerce Logistics Scale Up
October 23, 2020 01:51 PM EDT| By Hina ChowdharySummary To resolve day-to-day impediments in logistics, a new stream of customer order distribution and delivery is emerging – Drone logistics. Global drone and logistics market is expected to grow at a CAGR of 16 per cent from 2020 to 2.....
Air Canada (TSX:AC), WestJet & Other Airlines Find Hope In Government Bailout Plan
October 23, 2020 11:49 AM EDT| By Kunal SawhneySummary The Canadian government has said it will be “exploring all possible options” to support airlines drowning in pandemic-related troubles. Reports indicate that the government is mulling a bailout package release for the indust.....
CloudMD (TSXV:DOC) & Jack Nathan Medical (TSXV:JNH): 2 Emerging Health Stocks On TXSV
October 23, 2020 10:04 AM EDT| By Team Kalkine MediaStocks of health and medical care companies such as CloudMD Software & Services Inc (TSXV: DOC) and Jack Nathan Medical Corp (TSXV:JNH) have been on the rise in the wake of the coronavirus pandemic. Both these emerging health care providers are.....
Topaz (TSX:TPZ) & Suncor (TSX:SU): 2 Trending Energy Stocks
October 22, 2020 06:10 AM EDT| By Hina ChowdharySummary With reduced mobility, the oil demand has plummeted, leading to a decline in the profits of oil and gas company. Topaz Energy, the largest Canadian energy IPOs since 2017, debuted on the TSX this Monday. Suncor Energy stocks are down .....
Dividend Stocks Royal Bank Of Canada (TSX:RY) & Enbridge (TSX:ENB) Gain Steam
October 22, 2020 03:28 AM EDT| By Team Kalkine MediaSummary The S&P/TSX Canadian Dividend Aristocrats Index is down 14.4 per cent YTD. Royal Bank of Canada (TSX:RY) and Enbridge Inc (TSX:ENB) are trending on the TSX among stocks with the highest dividend yield. Stocks of Royal Bank of Canad.....
Netflix Stock Tumbles As Net Paid Additions Decline 67% YoY
October 21, 2020 04:38 PM EDT| By Team Kalkine MediaAs the coronavirus pandemic forces people to stay indoors, the consumption of content on digital platforms has surged. Online streaming platforms such as Netflix (NASDAQ:NFLX or NFLX:US) and Amazon Prime (NASDAQ:AMZN AMZN:US) are seeing a r.....
Kaixin and NIO Stocks Gain Amid Electric Vehicle Popularity
October 21, 2020 04:37 PM EDT| By Team Kalkine MediaThe hype around electric vehicles has been growing around the world for a while now. Even during the coronavirus pandemic, when most oil and gas-run car companies suffered major setbacks, electric automakers saw a rising demand. This rise also refl.....
Social Media Stocks Rally After Snap (NYSE: SNAP) Revenue Jump
October 21, 2020 04:06 PM EDT| By Team Kalkine MediaSocial media stocks began rallying during market afterhours on Tuesday, October 20, following the release of Snap Inc’s (NYSE: SNAP) third quarter financial results, which reflected growth. Shares of other social media companies such as Faceb.....
Algonquin Power (TSX:AQN) & Inter Pipeline (TSX:IPL): 2 Utilities Stocks To Explore
October 20, 2020 01:20 PM EDT| By Team Kalkine MediaSummary To provide relief to struggling energy and utility companies, the Alberta government has announced a three-year tax break for the producers drilling wells or constructing pipelines in the province. Algonquin stock has rebounded almost 4.....
Canopy Growth (TSX:WEED) and Aurora Cannabis (TSX:ACB): 2 Trending Pot Stocks
October 20, 2020 12:23 PM EDT| By Team Kalkine MediaSummary Several pot producers and distributors have pinned hopes on the upcoming US elections, anticipating it will play a critical role in the marijuana legalization movement across the world. Canopy Growth stocks has gained over 20 per cent i.....
Why Auto Stocks Hertz Global (NYSE:HTZ) & Facedrive (TSXV:FD) Are Trending?
October 19, 2020 12:23 PM EDT| By Team Kalkine MediaAuto inventories have piled up due to weaker sales amid the Covid-19 outbreak. This year has already been rough for the industry in terms of cash flow. Canada is one of the largest autos producing and exporting nations in the world. Entire .....
