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Consumer
Vacasa tanks on market debut. Should you invest in VCSA stock?
December 08, 2021 09:55 PM AEDT| By Raza NaqviHighlights The vacation rental management company started trading on the Nasdaq Stock Market, and it trades under the ticker VCSA. Vacasa has over 35,000 homes across Costa Rica, Belize, and North America. It has a presence in more than 4.....
A TSX-listed stock to buy as used car prices rise in Canada
December 07, 2021 01:29 AM AEDT| By Raza NaqviThe global shortage of chips doesn't seem to end soon, and it is reportedly causing a demand surge for used cars in Canada. The shortage crisis that began last year during the pandemic has not returned to normal levels, forcing companies to .....
This funeral firm's Q3 net profit galloped in double-digits. Buy alert?
November 27, 2021 03:36 AM AEDT| By Kajal JainInvestors generally look into prominent sectors such as oil and gas, technology and financial services when planning an investment in the stock markets. However, there are some smaller industries that have some significant performers soaring under .....
3 consumer stocks to buy before Black Friday
November 23, 2021 12:59 AM AEDT| By Kajal JainHighlights Canada’s retail sales are expected to have surged by a per cent in October amid easing pandemic restrictions. As of last Friday, the S&P/TSX Capped Consumer Discretionary Index was up by roughly 17 per cent so far thi.....
2 Canadian pizza stocks to enjoy this weekend
November 20, 2021 12:25 AM AEDT| By Kajal JainHighlights Fading COVID-19 effects in the economy along with winter season might bolster the business for restaurants and diners. A restaurant fund mentioned here noted its unit increase by nearly 67 per cent in the last 12 months. A restauran.....
Goodfood (TSX:FOOD) stock sheds 26%: Good idea to buy the dip?
November 18, 2021 11:52 PM AEDT| By Shreya BiswasHighlights Stocks of Goodfood Market Corp (TSX: FOOD) nosedived on Wednesday, November 17. The Canadian grocery company saw its stock price shrink by more than 26 per cent. The decline came as it reported its latest financial results. Sto.....
Canadian Tire’s (TSX:CTC) Q3 profit dips, dividend up. Buy alert?
November 12, 2021 02:22 AM AEDT| By Shreya BiswasHighlights Canadian Tire Corporation Limited (TSX:CTC) has reported a decreased profit for its third fiscal quarter of 2021. Its annual dividend, on the other hand, noted an increase of 10.6 per cent. Ahead of the latest earnings release, Cana.....
How's Tesla (TSLA) doing after Musk's $5B share sale post Twitter poll?
November 12, 2021 02:19 AM AEDT| By Raza NaqviHighlights Tesla chief executive Elon Musk sold shares worth approximately US$ 5 billion this week and this comes after he conducted a poll on Twitter. Mr Musk had tweeted if he should sell 10 per cent of his stock and most people had responded.....
2 Canadian food stocks to buy as holiday season hits
November 06, 2021 12:14 AM AEDT| By Kajal JainHighlights The holiday season is likely to boost the performance of the Canadian food industry. A food company mentioned here experienced a stock price increase of roughly 34 per cent on a year-to-date (YTD) basis. A company listed below held .....
5 Black Friday stocks for Canadians to buy
November 05, 2021 10:25 PM AEDT| By Kajal JainHighlights Black Friday is known to be a shopping opportunity for consumers in North America. Due to this surge in purchase, retailers often make higher sales during this time of the year. A Canadian food stock listed below rose by 11.589 per .....
Algonquin & 2 other TSX clean energy stocks to buy before November
October 28, 2021 03:49 AM AEDT| By Shreya BiswasHighlights Renewable and clean energy stocks could gain momentum amid the climate change concerns and power crisis. A clean energy company listed below acquired Kentucky operations of American Electric Power Co. A stock mentioned here posted a.....
3 Canadian stocks to buy before Halloween comes a-knocking!
October 28, 2021 12:38 AM AEDT| By Shreya Biswas3 Canadian stocks to buy before Halloween comes a-knocking! Image description: 3 Canadian stocks to explore before Halloween 2021 Highlights Amid the supply chain bottlenecks, many businesses are likely to source alternative suppliers t...
Restaurant Brands' (TSX:QSR) Q3 profit surges to $328M. Buy alert?
October 26, 2021 12:25 AM AEDT| By Raza NaqviHighlights In Q3 2021, Restaurant Brands recorded increased total revenues of US$ 1.49 billion. Restaurant Brands is the owner of food outlets like Burger King, Popeyes and Tim Hortons. Restaurant Brands declared a dividend of US$ 0.53 per uni.....
Sleep Country (TSX:ZZZ) stock rises on acquisition news. A buy?
October 20, 2021 02:32 AM AEDT| By Raza NaqviHighlights Sleep Country Canada would acquire a 52 per cent stake in Hush Blankets and the deal is valued at C$ 25 million. The deal is important for Sleep Country as Hush has emerged as one of the leading sleep improvement brands. The Sleep C.....
Is MTY Food Group (TSX:MTY) a stock to buy and hold?
October 14, 2021 01:55 AM AEDT| By Team Kalkine MediaThe Canadian consumer stocks are expected to perform well in the last quarter of this year as economic activity will likely pick up amid increased vaccinations. Bouncing back from the third wave of the COVID-19 pandemic, the S&P/TSX Capped Cons.....
Richelieu (TSX:RCH) stock soars as sales grow 20% YoY in Q3. Buy alert?
October 08, 2021 04:27 AM AEDT| By Team Kalkine MediaHighlights Richelieu Hardware Ltd recorded a 20 per cent (C$ 62.1 million) year-over-year (YoY) sales growth which totaled C$ 373.3 million in Q3 2021. After closing at C$ 41.36 on Wednesday, the RCH stock was trading at a value of C$ 43.08 on .....
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World Tourism Day 2021: 5 best Canadian travel stocks to buy
September 27, 2021 10:22 PM AEST| By Shreya BiswasMany industry experts believe that tourism fosters growth, harmonizes international communities and different sensibilities of different walks of life. The travel and tourism sector boosts economic prosperity and showcases a country’s culture.....
Can ChargePoint (CHPT) stock power your portfolio as EV space blooms?
September 20, 2021 08:47 PM AEST| By Shreya BiswasHighlights ChargePoint Holdings Inc (NYSE:CHPT, CHPT:US) stock surged by nearly three per cent on Friday, September 17. ChargePoint’s revenue catapulted by 61 per cent year-over-year (YoY) to US$ 56.1 million in Q2 FY22. With the US and .....
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Is Air Transat (TSX:TRZ) a good travel stock to buy on the dip?
September 17, 2021 01:50 AM AEST| By Raza NaqviHighlights The Air Transat stock (Transat A.T.) caught the attention of retail investors in Canada and jumped at market open. The Air Transat stock could be gaining momentum because it is resuming flight operations to Manchester, UK, sooner tha.....
5 best Canadian restaurant stocks to buy
September 14, 2021 02:26 AM AEST| By Shreya BiswasThe S&P/TSX Capped Consumer Discretionary Index posted a Year-to-date (YTD) return of 14.82 per cent, and the S&P/TSX Capped Consumer Staples Index posted a YTD return of 16.9 per cent. In contrast, one of these restaurant stocks posted a Y.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024