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Consumer
Corby (CSW.B) & Rogers (RSI): 2 TSX stocks that can be your Valentine
February 12, 2022 02:56 AM AEDT| By Kajal JainMany lovestruck Canadians are busy planning their Valentine’s Day celebrations, which is due on Monday, February 14. While some are planning the perfect date and shopping for chocolates and flowers, others are busy looking for the best gift p.....
ACQ & EINC: Are TSX used car stocks a buy as protests hit auto industry?
February 12, 2022 12:19 AM AEDT| By Kajal JainBlockades led by the anti-vaccination mandate protesters at Canada’s Ambassador Bridge has visibly rocked the automotive industry, with plants of major players like Toyota and Ford facing various degrees operational hiccups. As diverting tra.....
BRCC stock propels on debut. What's next for Black Rifle Coffee Company?
February 11, 2022 11:45 PM AEDT| By Raza NaqviStocks of BRC Inc. (NYSE:BRCC) jumped 30.2 per cent on the day of its trading debut and closed at US$ 15.64 per share. Black Rifle Coffee Company (BRCC) went public on February 10 after closing its merger with a blank-check company. The Black Rifl.....
Why is Peloton (PTON) stock triggering investor interest?
February 08, 2022 12:37 AM AEDT| By Raza NaqviStocks of Peloton Interactive Inc. (NASDAQ:PTON) soared during pre-market hours as it appears that some developments kept investors hooked onto the stock of exercise equipment and media companies. At the time of writing, PTON stock was up about 32.....
Saputo (SAP) & Loblaw (L): 2 TSX stocks for you as milk prices rise
February 04, 2022 11:45 PM AEDT| By Kajal JainHighlights Mounting inflation and strong dairy demand seem to have pushed up milk and dairy prices across Canada. This price surge seems to have triggered some interest around milk producers like Saputo (TSX: SAP). With grocery stores in.....
Spin Master (TOY) stock gallops 13% after revenue report: Buy alert?
February 03, 2022 01:11 AM AEDT| By Kajal JainHighlights Spin Master Corp (TSX: TOY), a popular toy and gaming company, gained nearly 13 per cent following the announcement of its preliminary revenue and sales figures on Tuesday, February 1. Spin Master is known globally for its .....
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On the Beach (OTB) & TUI: Should you buy these holiday stocks now?
January 28, 2022 11:58 PM AEDT| By Suhita PoddarSeveral holiday travel companies are expecting a bumper weekend for summer holiday bookings in 2022. UK travel company On the Beach’s CEO Simon Cooper stated that the upcoming days are anticipated to be the busiest period in the company&rsqu.....
Metro (TSX:MRU) sees profit rise 8.6% in Q1. A grocery stock to buy?
January 26, 2022 03:19 AM AEDT| By Kajal JainHighlights Stocks of Canadian grocery firm Metro Inc drew investor attention on Tuesday, January 25, after it released its financial results for Q1 FY2022. With a market capitalization of over C$ 15 billion, Metro is one of Canada's largest gro.....
Is SAP stock a buy amid speculations of Saputo acquiring A2 Milk?
January 26, 2022 12:08 AM AEDT| By Kajal JainHighlights Saputo Inc (TSX: SAP) has become the talk of the town amid speculation that the Canadian dairy company is set to buy New Zealand-based infant formula and fresh milk firm A2 Milk Company Ltd. Stocks of both A2 Milk and Saputo noted so.....
Peloton (PTON) stock falls below IPO price! 5 things you should know
January 21, 2022 11:14 PM AEDT| By Raza NaqviStocks of Peloton Interactive Inc. (NASDAQ:PTON) declined as much as 25 per cent on Thursday, January 20. At the end of the trading session, PTON stock closed 23.9 per cent lower at US$ 24.22 per share. Notably, it was for the first time whe.....
Is Goodfood (TSX:FOOD) a penny stock worth exploring after Q1 results?
January 19, 2022 01:52 AM AEDT| By Raza NaqviGoodfood Market Corp. (TSX:FOOD) announced results for the first quarter of fiscal 2022 and revealed net sales of C$ 78 million compared to C$ 79 million in the fourth quarter of last year. During the trading session on Monday, January 17, Goodfoo.....
Why is Canada Goose (TSX:GOOS) stock heating up?
January 15, 2022 01:03 AM AEDT| By Kajal JainCanada Goose Holdings Inc (TSX: GOOS) stock has been gaining quite a bit of attention from investors, especially following a recent production development. The Canadian clothing company is engaged in the business of designing, manufacturing and ma.....
Saputo (TSX:SAP): What to know about the dairy stock before you buy it?
January 14, 2022 12:44 AM AEDT| By Kajal JainSaputo Inc, a major dairy company in Canada with a market capitalization of over C$ 12 billion, has stirred notable interest among investors for a while now. The Montreal, Canada-headquartered company, which has been manufacturing and marketing mi.....
Is ATZ stock a buy as Aritzia more than doubles its profit in Q3 FY22?
January 14, 2022 12:01 AM AEDT| By Kajal JainAritzia Inc (TSX:ATZ), one of the largest fashion companies in Canada, released its latest financial results for the third quarter of fiscal year 2022 on Wednesday, January 12. The Vancouver, British Columbia-headquartered clothing retailer report.....
Dollarama (TSX:DOL) & Lululemon: Why are the consumer stocks trending?
January 11, 2022 08:48 PM AEDT| By Kajal JainLululemon Athletica Inc (NASDAQ:LULU, LULU:US) and Dollarama (TSX:DOL) have been trending on the stock markets amid some developments. With omicron cases being on the rise, many companies are facing operational challenges. While the demand for cer.....
Is Jamieson Wellness’ (TSX:JWEL) stock worth considering in 2022?
January 05, 2022 12:55 AM AEDT| By Raza NaqviThe Canadian equities market had a bull run in 2021 despite the ongoing COVID-19 pandemic. On November 12, Canada's main equity index- S&P/TSX Composite jumped 186.55 points and set a record high by closing at 21,768.53 points. This year, it i.....
5 best TSX consumer defensive stocks of 2021
December 18, 2021 01:42 AM AEDT| By Kajal JainHighlights Consumer defensive stocks belong to companies that offer widely used products, due to which their demand is generally evergreen. By investing in such stocks, investors can fetch long-term gains and diversify their portfolio risk.&nbs.....
And just like that, Peloton stock rises again after sharp dip
December 14, 2021 01:20 AM AEDT| By Raza NaqviHighlights On Friday, December 10, the PTON stock had declined sharply after investors responded negatively to a TV show's scene. The stock hit a 52-week low of US$ 37.67 on December 10 after it had declined 11 per cent on December 9. Pe.....
Should you buy Boxed (BOXD) stock as it trades on NYSE?
December 10, 2021 07:40 PM AEDT| By Raza NaqviHighlights Boxed is trading on New York Stock Exchange and it surged 21.12 per cent on the first day of trading. Boxed is an online grocery platform and offers direct delivery of wholesale packages through its website and application. Boxed al.....
Dollarama's (TSX:DOL) sales soar in Q3. A retail stock to buy?
December 09, 2021 01:17 AM AEDT| By Raza NaqviDollarama Inc. (TSX:DOL) says its sales increased by 5.5 per cent in the third quarter of the fiscal year 2022 in comparison to Q3 2021. Meanwhile, the comparable store sales surged by 0.8 per cent in Q3 2022, which was above 7.1 per cent growth in.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024