Consumer
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.....
Canadians’ Shift Towards Plant-based Meat Reflect on Vegan Stock Performances
October 15, 2020 12:27 PM EDT| By Team Kalkine MediaSummary Canada is witnessing a rise in plant-based food habits amid the coronavirus pandemic. The Canadian government invested nearly C$ 100 million into plant-based protein manufacturer Merit Functional Foods in June this year. Stocks of plan.....
NIO & Tesla Stocks Zoom As Electric Vehicle Market Heats Up
October 15, 2020 09:44 AM EDT| By Team Kalkine MediaSummary Canadian trade union Unifor and Ford Motor Company have signed a deal to repurpose an Oakville plant for the future production of electric vehicles. Stocks of electric vehicle makers such as NIO Inc and Tesla Inc have fared well during .....
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$129.8 million for the second quarter 2020, down by 53.8 per cent year-over-year. Recovering from the impact of Covid-19, the July sales for Pizza Pizza rebounded quickly, up by 20 per cent fro.....
Canada Goose (TSX:GOOS) and Restaurant Brands (TSX:QSR): Consumer Stocks Trending This Week
October 02, 2020 08:30 AM EDT| By Team Kalkine MediaThe onset of the coronavirus pandemic drove people to tighten their budgets and stick to necessities, setting back non-essential businesses like restaurants and apparel manufacturers. However, companies like Canada Goose Holdings Inc (TSX: GOOS) an.....
Canadian Tire & Aritzia: 2 Consumer Stocks To Watch Out This Fall
September 28, 2020 08:40 AM EDT| By Kunal SawhneySummary Canada’s consumer retail space is on a slow rebound. Changing customer behavior has pushed the industry to adapt digitalization, cut costs and offer best possible deals. While many traditional retailers are shutting shops, some c.....
Canada Goose, Restaurant Brands and MTY Food: 3 Trending Consumer Stocks on TSX
September 16, 2020 04:00 PM EDT| By Team Kalkine MediaSummary Non-essential businesses such as restaurants and retail segments suffered amid the pandemic-triggered lockdown. Shares of restaurant chains like MTY Food Group (TSX: MTY) and Restaurant Brands International (TSX: QSR) plunged during the p...
2 TSX Consumer Stocks, Maple Leaf and Metro, That Investors Are Exploring This Summer
August 15, 2020 05:01 AM EDT| By Hina ChowdharySummary Consumer staples are non-cyclical in nature and hence considered a safe investor’s bet Consumer Staples Index has continued to perform well in the pandemic scenario and has advanced by 2.34 per cent in 2020. Two hot consumer stap.....
Canada’s Shrinking Trade Deficit and Decreasing Auto Sales Amid Pandemic
July 07, 2020 12:00 PM EDT| By Team Kalkine MediaCanada’s trade deficit shrank to C$ 677 million in May from revised April figures of C$ 3.3 billion on the back of resumption of economic activities after country-wide easing of lockdown, said Statistics Canada. The figures stand in sharp con.....