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Consumer
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.....
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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...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025