Stock market
8 Stocks to Explore on Canadian Thanksgiving 2020
October 12, 2020 12:14 AM EDT| By Team Kalkine MediaSummary Grocery retailers Metro Inc (TSX: MRU), Goodfood Market Corp (TSX: FOOD) and Loblaw Companies (TSX: L) are currently trending on the TSX ahead of Thanksgiving. Shares of liquor companies Rocky Mountain Liquor Inc (TSX: RUM) and Alcanna .....
Cargojet (TSX:CJT) and Kinaxis (TSX:KXS): 2 Logistic Stocks to Explore
October 11, 2020 08:19 AM EDT| By Kunal SawhneySummary Companies are using traditional logistic channels and have embraced technology like never before to ensure their delivery targets are met in these challenging times Cargojet (TSX:CJT) and Kinaxis (TSX:KXS) are two trending logistic stoc.....
Boston Pizza (TSX:BPF.UN) & Pizza Pizza (TSX:PZA): Trending Restaurant Stocks
October 10, 2020 07:19 AM EDT| By Kunal SawhneySummary Boston Pizza’s gross sales stood at C$129.8 million for the second quarter 2020, down by 53.8 per cent year-over-year. Recovering from the impact of Covid-19, the July sales for Pizza Pizza rebounded quickly, up by 20 per cent fro.....
Goodfood, Dollarama, Aritzia: Are Retail Stocks Thanksgiving Ready?
October 10, 2020 07:15 AM EDT| By Team Kalkine MediaCanadian retail companies are adapting flexibility and innovative plans to battle the pandemic-led plunge in demand. As customers prefer to stay indoors, the retailers are reaching out to them digitally and offering contactless doorstep deliveries......
Why Are Tech Stocks AMD (NASDAQ:AMD) and IBM (NYSE:IBM) Rallying?
October 09, 2020 11:15 PM EDT| By Kunal SawhneyShares of American tech giants Advanced Micro Devices Inc (NASDAQ: AMD) and International Business Machines Corporation (NYSE: IBM) are currently rallying on the stock markets. While AMD hit headlines on Thursday with the news of its latest Ryzen 5.....
Innergex & TransAlta: 2 CleanTech Stocks as Canada Moves to Ban Single-Use Plastic
October 09, 2020 08:32 PM EDT| By Team Kalkine MediaSummary Only 9 per cent of the 3 million tons of plastic waste is recycled in Canada, shows government data. It is estimated that approximately C$11 billion worth of plastic materials will be disposed each year by 2030, if no steps are taken. .....
4 Buzzing Game Stocks: Microsoft Xbox, Sony PS5, GameStop & Enthusiast
October 09, 2020 02:56 PM EDT| By Team Kalkine MediaAs the Covid-19 pandemic forces us to stay indoors, consumption of content on digital platforms has soared. Not just over-the-top (OTT) platforms, but e-sports and e-gaming segments are also witnessing a rush of users and hence, jump in revenues. A.....
Bank of Canada Chief Warns of Future Financial Vulnerabilities: What to Expect
October 09, 2020 02:53 PM EDT| By Team Kalkine MediaBank of Canada governor Tiff Macklem; Source: Bank of Canada Summary Bank of Canada governor Tiff Macklem, in his speech on Thursday, warned Canadians about being “dangerously over-leveraged”. He assured that the central bank...
Barrick (TSX:ABX), Kinross (TSX:KGC) & New Gold (TSX:NGD): 3 Gold Stocks to Watch Out
October 09, 2020 02:50 PM EDT| By Team Kalkine MediaSummary Barrick Gold Corporation (TSX:ABX) acquired 12.4 per cent stake mining exploration company Skeena Resources. Kinross Gold plans to acquire 70 per cent stake in the Peak Gold project in Alaska from Royal Gold and Contango for C$ 93.7 mil.....
Lightspeed (TSX:LSPD) & Fastly (NYSE:FSLY): 2 Trending Tech Stocks
October 09, 2020 06:59 AM EDT| By Team Kalkine MediaSummary Fastly (NYSE:FSLY) and Lightspeed (LSPD:TSX) among top trending stocks in Canadian markets this week. Lightspeed declared Q1 2021 results that shows revenue of US$36.2 million. In Q3 2020, Fastly became available on the Google Cloud Ma.....
Aurora Cannabis, Aphria and HEXO: 3 Pot Stocks to Explore
October 08, 2020 02:12 PM EDT| By Team Kalkine MediaSummary The S&P/TSX Cannabis Index is down nearly 45 per cent YTD, though marijuana sales have made substantial headways this year. Aurora Cannabis (TSX:ACB) released its fiscal fourth quarter report on September 22, following which is saw .....
Enbridge (TSX:ENB), Pembina (TSX:PPL) & Keyera: 3 Dividend Stocks from Energy Sector
October 08, 2020 11:04 AM EDT| By Team Kalkine MediaSummary Income-loving investors have shown interest in dividend-paying TSX stocks such as Enbridge Inc, Pembina Pipeline and Keyera Corp. All the three stocks are from energy sector and have attractive dividend yields. Although the Canadian en.....
Piedmont Lithium (NASDAQ:PLL) & Lithium Americas: 2 mining stocks to explore
October 08, 2020 09:40 AM EDT| By Team Kalkine MediaSummary As the world transitions towards embracing clean tech and green energy sources, lithium is now gaining market traction. Piedmont Lithium (NASDAQ:US or PLL:US) and Lithium Americas Corp (LAC:TSX) are two of the trending lithium stocks th.....
Pandemic-Hit Air Canada (TSX:AC) and WestJet Stocks Await Financial Aid
October 08, 2020 09:08 AM EDT| By Team Kalkine MediaSummary The Canadian airlines’ operations and financial reports have been severely impacted due to COVID-19. Air Canada’s (TSX:AC)) revenue decreased by 89 per cent year-over-year. Private equity investments of ONEX Corporation (TS.....
Toronto-Dominion Bank (TSX:TD) & Scotiabank (TSX:BNS): Trending financial stocks this week
October 07, 2020 12:56 PM EDT| By Team Kalkine MediaSummary Toronto-Dominion Bank (TSX:TD) & Scotiabank (TSX:BNS) reported slump in Q3 2020 profits. Both the banks created significant provisions for bad loans, indicating a rather grim outlook for the rest of 2020. Lower spending and borrowi.....
Regeneron, Bausch & Andlauer: 3 COVID Healthcare Stocks on Investors Radar
October 07, 2020 09:39 AM EDT| By Kunal SawhneySummary Healthcare stocks have gained steam amid COVID times and US President Donald Trump’s recent Covid-19 diagnosis. Regeneron Pharmaceuticals’ (NASDAQ:REGN or REGN:US) shares surged after Trump was prescribed its ‘antibody.....
Pioneer Power (NASDAQ:PPSI) & Ocean Power Technologies (NASDAQ:OPTT): 2 US Stocks Under C$5
October 07, 2020 09:35 AM EDT| By Team Kalkine MediaSummary Shares of Pioneer Power Solutions surged 205 per cent on Tuesday. Stocks of Ocean Power Technologies, which focuses on harnessing energy from ocean waves, jumped 107 per cent in the second week of October. Ocean Power Technologies rece.....
3 Canadian Penny Stocks To Watch: Kodiak, CloudMD and Nano One Materials
October 07, 2020 01:42 AM EDT| By Team Kalkine MediaSummary Penny stocks’ attractive pricing and potential high returns may look appealing to investors. However, these stocks are highly volatile and risky in nature. Investors must do a proper background check for penny stocks. We look at .....
FirstService and Tricon Residential: 2 real estate stocks to watch out for
October 06, 2020 12:20 PM EDT| By Team Kalkine MediaSummary Twenty-five per cent drop in average real estate sale prices in the Greater Toronto area from April, the Toronto Real Estate Board states. Slower real estate activity observed in Charlottetown, Halifax and Saint John in March. Ontario .....
5 Industries That Boomed During The COVID Pandemic
October 06, 2020 12:20 PM EDT| By Team Kalkine MediaSummary Most industries suffered substantial damages under the impact of the COVID-19 pandemic earlier this year. But it was “good times” for some businesses. Companies dealing in cleaning supplies, online games, home gym equipm.....