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Transat (TSX:TRZ) Stocks Rise After $700Mn Relief Loan From Govt
April 29, 2021 10:57 AM EDT| By AnujTransat AT Inc (TSX:TRZ), a Canadian tour and travel operator, has been given a much-needed bailout loan of C$ 700 million by the federal government to remain afloat amid the ongoing COVID-19 restrictions. On the back of this stimulus aid, the leisu...
2 Consumer Stocks To Buy This Quarter
April 28, 2021 12:56 PM EDT| By AnujCanadian investors are showing interest in retail defensive stocks, which are likely to grow despite the stock markets’ uncertainties amid the pandemic. Since consumer companies offer essential products for human survival, such as food, staple,...
Will Mercedes, Volkswagen Leave Tesla Behind in Long-Range ZEV Space?
April 22, 2021 04:40 AM EDT| By Team Kalkine MediaAt a time when Elon Musk, the billionaire CEO of Tesla, is busy admiring cryptocurrencies (in fact, a new digital currency, Elongate, is named after him), his rivals in traditional market are launching new electric models in Canada. Mercedes and Volk...
Metro Reports C$188.1 million Q2 Profit. A Retail Stock To Buy
April 21, 2021 01:12 PM EDT| By Team Kalkine MediaSummary Metro Inc is a leading grocery and drugstores company. It runs 950 food stores and 650 drugstores. Since COVID-19 cases are surging in Canada, people will likely turn their attention to groceries and drugstores. Metro’s sales inc.....
As Federal Budget 2021 Invests In Childcare, 3 Stocks To Buy
April 20, 2021 01:02 PM EDT| By Team Kalkine MediaSummary The Liberal government has earmarked a C$ 30 billion package for a national childcare program in Federal Budget 2021. The Trudeau government’s agenda is to reduce the cost of childcare in Canada to C$ 10 per day in the next five y.....
2 Grocery Stocks To Buy In Case Of COVID Lockdowns
April 16, 2021 01:24 PM EDT| By Team Kalkine Mediaan event, Canadians may soon resort to storing up on essentials like groceries. Canada set a new record for coronavirus infections on Thursday, April 15, as the number of daily cases crossed 9,500 for the first time since the pandemic started la...
Magna International (TSX: MG) Stock, An EV Stock To Buy & Hold!
April 15, 2021 04:32 AM EDT| By Team Kalkine MediaSource: GH Studio, Shutterstock Summary LG and Magna e-Powertrain might get the responsibility of handling the initial volume production of Apple EVs. Recently, Magna grabbed a deal with Israeli startup REE Automotive to develop a modular elec...
Why Alibaba Stocks (BABA) Are Rallying Despite Antitrust Fine?
April 12, 2021 12:22 PM EDT| By Team Kalkine MediaSource:zhu difeng, Shutterstock Summary Chinese regulatory authorities fined Alibaba group (US$ 2.75 billion) at the end of an antitrust investigation. During the probe, it was found that the company eliminates and restricts competition in the...
This Growth EV Stock Exploded by 118% In A Year
April 12, 2021 08:48 AM EDT| By Shreya BiswasSource: Matej Kastelic, Shutterstock Over the past few years, the demand for electric vehicles (EVs) has increased across the world, including Canada. People have been inclined to buy EVs as they are not only good for the environment but also provid...
Why Is Naked Brand (NAKD) Stock Rallying Today?
April 09, 2021 12:45 PM EDT| By AnujSource: Kris Patrick, Shutterstock Stocks of Naked Brand Group Limited (NAKD:US or NASDAQ: NAKD), an apparel and accessories firm, zoomed as much as 21.40 per cent in the early trading hours of Friday, April 9. This surge came after Ault Global...
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What’s Behind The Exponential Market Cap Rise Of Chinese EV Makers
April 09, 2021 11:43 AM EDT| By AnujSource: Zapp2Photo, Shutterstock Tesla Inc. (NASDAQ: TSLA) stock has raced quicker than ever in the past year, its market capitalization skyrocketing to almost 820 million in early January 2021. After a brief period of market correction, it now sits...
Is Goodfood (TSX:FOOD) Stock A Good Buy?
April 08, 2021 04:37 AM EDT| By AnujSource: xalien, Shutterstock Goodfood Market Corp. (TSX: FOOD), one of the leading Canadian grocers, generated significantly high revenue in the second quarter for fiscal 2021. The total revenue went up 71 per cent YoY to C$ 100.7 million in Q2, en...
BigCommerce Vs Shopify : Which Stock Is A Better Buy?
April 06, 2021 12:36 PM EDT| By Shreya Biswasduals SaaS-based services pertaining to design, shopping cart and payment. Ever since it went public last year, BigCommerce Holdings Inc (Nasdaq: BIGC, BIGC:US) has been pitted against fellow e-commerce giant Shopify Inc (TSX:SHOP). So let&rsquo...
XELB Skyrocket On New Acquisition: Should You Invest In This Penny Stock?
April 06, 2021 08:08 AM EDT| By Team Kalkine MediaSource: Iakov Filimonov, Shutterstock Summary Xcel Brands will acquire Lori Goldstein brands, including LOGO™. Ever since its inception in 2009, LOGO™ has been profitable. This acquisition is expected to bring high-growth opportun...
Kimberly-Clark (KMB) Stocks Rise As Toilet Paper Gets Costlier
April 01, 2021 08:07 AM EDT| By Shreya Biswasannouncement, Kimberly-Clark saw its stock move up by about a per cent on Wednesday. Panic and bulk-buying in the wake of the coronavirus outbreak last year had seen demand for basic necessity products like toilet paper, sanitary napkins, diaper...
With Increase in Sales, Dollarama (TSX:DOL) Sets Target of 2000 stores by 2031
March 31, 2021 11:25 AM EDT| By Team Kalkine MediaSource: on c, Shutterstock Discount retail stores chain Dollarama on Wednesday, March 31, reported sales of C$ 1,103.7 million in the fourth quarter, an increase of 3.6 per cent year-over-year. The sales increased as Canadians focused more on spendi...
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George Weston (TSX:WN): Buy & Hold Loblaw's (TSX:L) Parent Stock
March 31, 2021 11:01 AM EDT| By Team Kalkine MediaSource: PhuShutter, Shutterstock Summary Last week the company announced that it was selling its 139-year-old bakery business. George Weston Limited wants to explore its real estate businesses. The company has a market cap of C$ 17 billion an...
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A TSX Stock That Can Make You Richer In 2021
March 29, 2021 08:53 AM EDT| By Team Kalkine Mediauring the pandemic and will likely maintain its dominance this year as well. The outbreak of the coronavirus pandemic affected many food and retail companies in 2020, Social distancing measures and lockdown restrictions impacted their sales and...
General Motors Could Be The Next Big Company To Accept Bitcoin
March 27, 2021 02:46 PM AEDT| By Team Kalkine MediaSource: radhikarana, Shutterstock Summary General Motors is reportedly seeking feedback on how cryptocurrency could be used for partial or full payments. It seems Tesla's move could've spiked the 113-year-old company's interest in accepting cr...
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GameStop Stock Plunges Over 20% On Poor Earnings
March 24, 2021 12:49 PM EDT| By AnujSource: korobskyph, Shutterstock GameStop Corporation (GME:US or NYSE: GME), a meme stock, plummeted over 20 per cent at 10:59 AM ET on Wednesday, as the company reported weak fourth-quarter results and stated it is planning to raise fund through it...
