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Lululemon (LULU) expects net revenue to hit $6.2B in 2021. Buy alert?
September 09, 2021 07:04 PM AEST| By Shreya BiswasLululemon Athletica Inc (NASDAQ:LULU, LULU:US) appears to be attracting investor attention in the wake of its latest earnings report. The Canadian athletic wear maker said on Wednesday, September 8, that it expects to rake in a net revenue in the .....
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BRP (TSX:DOO) stock soars after Q2 results. Buy alert?
September 03, 2021 01:18 AM AEST| By Raza NaqviHighlights Headquartered in Valcourt, BRP is engaged in the development and distribution of snowmobiles. In the second quarter of fiscal 2022, BRP reported a net income of C$ 212.9 million. BRP had a network of 3,500 independent dealers and 19.....
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Alimentation Couche-Tard (ATD.B) rises ahead of Q1 results. Buy alert?
September 01, 2021 12:52 AM AEST| By Raza NaqviHighlights Alimentation Couche-Tard manages a network of convenience stores across North America, Russia, and Ireland among other countries. Ahead of the earnings report for the first quarter of fiscal year 2022, Alimentation Couche-Tard is gai.....
Canada Goose sales rise in Q1. Is GOOS stock a buy?
August 12, 2021 09:59 PM AEST| By Raza NaqviStocks of winter clothing retailer Canada Goose (TSX:GOOS) declined by 13 per cent on Wednesday, August 11, after the company announced its first quarter fiscal 2022 results. GOOS stock went on to close the day at C$ 48.38. The premium apparel br.....
Metro posts profit of $252M in Q3. MRU stocks worth a buy?
August 12, 2021 02:09 AM AEST| By Raza NaqviSummary Metro Inc reported its financial results for the third quarter of fiscal 2021 on Wednesday, August 11. MRU shares have returned nine per cent year-to-date (YTD). Its dividend is set to remain unchanged. Metro Inc. (TSX:MRU) report.....
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2 Canadian plant-based stocks to buy in 2021
August 11, 2021 09:54 PM AEST| By Raza NaqviIn the past few years, investors have been opting for socially conscious investment options amid an increased focus on sustainability. As a result, many emerging companies have developed innovative technologies to develop plant-based products. Som.....
6 travel stocks to pick as vaccine passports become inevitable
August 07, 2021 03:59 AM AEST| By AnujImplementation of covid vaccine passports look inevitable for travellers across the world. From the United States to the United Kingdom, many countries have already enforced it or a planning to kickstart. Canada’s Quebec province, too, is pois...
5 auto stocks to buy before July ends
July 21, 2021 04:27 AM AEST| By Ipsita SarkarSummary The Canadian auto industry is said to contribute about C$ 19 billion to the country’s gross domestic product (GDP), as per the government’s website. It is also said to directly employ over 125,000 people. As Canada becomes .....
Eid al-Adha 2021: 2 food stocks to buy to celebrate the day
July 20, 2021 11:26 PM AEST| By Raza NaqviSummary Eid al-Adha will be celebrated in Canada on Tuesday, July 20. PM Trudeau has advised people to follow public health guidelines amid celebrations. Investing in food stocks might be an option as restaurants are expected to do well .....
5 Canadian food stocks offering best safety and value
July 18, 2021 02:43 PM AEST| By Shreya BiswasAs Canada is known for its energy and manufacturing industry. But it’s food industry, which is the second-largest contributor to the Canadian GDP, is also popular among investors. Every month, the sector adds nearly C$ 27.13 billion to the G.....
Air Transat is rising: Time to buy TRZ stock buy?
July 17, 2021 03:24 AM AEST| By Raza NaqviSummary Air Transat stock might gain momentum in future. Air Transat could benefit if the airlines and tourism industry starts to recover this year. Air Transat stock expanded by 31 per cent in the last three months. Stocks of Transat A.T.....
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Is Tesla (NASDAQ:TSLA) stock headed for loss?
July 17, 2021 12:36 AM AEST| By Ipsita SarkarA rallying stock is likely to draw in investors. And when the stock is Tesla Inc’s (NASDAQ:TSLA), the frenzy could be unmatchable. The electric vehicle (EV) maker, led by billionaire Elon Musk, saw its stock close at a value of US$ 650.6 on Th...
Is Dollarama (TSX:DOL) a good investment?
July 13, 2021 03:31 AM AEST| By Ipsita SarkarDollarama Inc. (TSX:DOL) is one of Canada’s top retail chains, particularly because of the large variety of discounted goods the company offers its customers. The enterprise, which is to have over 1,360 stores across the country, saw some peri...
MTY's profit soars to $23M in Q2. A consumer stock to buy?
July 10, 2021 02:56 AM AEST| By Raza NaqviSummary MTY Food Group operates over 80 restaurant brands, including famous quick service food outlets like Thai Express. MTY will start paying a dividend again to the shareholders and it will be payable on August 13, 2021. MTY stock returned .....
Will Overstock (OSTK) increase its digital dividend in 2021?
July 08, 2021 03:09 AM AEST| By Raza NaqviSummary Overstock introduced digital dividends in 2020. The e-commerce company is an online furniture retailer headquartered in the US. Find out more about the company's performance in this article. Overstock (NASDAQ:OSTK, OSTK:US), an on.....
How to buy Nintendo Switch stock?
July 08, 2021 01:45 AM AEST| By Hina ChowdharyNintendo Switch latest model is all set to hit the gaming market in October 2021 with an estimated sale price of US$350 per console. The company announced the OLED model will sport the latest technology with higher battery life and increased storag.....
Penn National Gaming: Is PENN stock worth a buy?
July 03, 2021 02:24 AM AEST| By Raza NaqviCasino and racetracks operator Penn National Gaming Inc. (NASDAQ:PENN, PENN:US) hit the trending charts on Friday, July 2, while its stocks declined 0.8 per cent at market open. The gaming stock, trading at US$ 75.8 apiece around 10AM EDT, noted the...
5 Canadian consumer stocks to buy in 2021
July 01, 2021 02:38 PM AEST| By Team Kalkine MediaConsumer stocks have always been considered an important addition to an investment portfolio, taking into account the sector’s centrality to the economy. The COVID-19 pandemic has enhanced the sector’s significance even further. Investor...
Is it too late to buy GameStop (NYSE:GME) stock?
June 30, 2021 02:33 AM AEST| By Team Kalkine MediaVideo game company GameStop Corporation (NYSE:GME) saw its stocks rocket to the moon in the midst of a meme stock rally in January this year. Since then, however, its stock price has fallen just as abruptly as it had risen. As retail investors took...
How can I invest in Tesla (NASDAQ:TSLA) stock from Canada?
June 25, 2021 12:15 AM AEST| By Team Kalkine MediaInvestors around the world want a pie of Tesla Inc. (NASDAQ:TSLA, TSLA.US) stock. The electric-vehicle maker’s scrips have zoomed multifold over the years, making it one of the most sought-after green stock globally. Tesla CEO Elon Musk keeps...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024