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Metro Reports C$188.1 million Q2 Profit. A Retail Stock To Buy
April 22, 2021 03:12 AM AEST| By Team Kalkine MediaSummary Metro Inc is a leading grocery and drugstores company. It runs 950 food stores and 650 drugstores. Since COVID-19 cases are surging in Canada, people will likely turn their attention to groceries and drugstores. Metro’s sales inc.....
As Federal Budget 2021 Invests In Childcare, 3 Stocks To Buy
April 21, 2021 03:02 AM AEST| By Team Kalkine MediaSummary The Liberal government has earmarked a C$ 30 billion package for a national childcare program in Federal Budget 2021. The Trudeau government’s agenda is to reduce the cost of childcare in Canada to C$ 10 per day in the next five y.....
2 Grocery Stocks To Buy In Case Of COVID Lockdowns
April 17, 2021 03:24 AM AEST| By Team Kalkine Mediaan event, Canadians may soon resort to storing up on essentials like groceries. Canada set a new record for coronavirus infections on Thursday, April 15, as the number of daily cases crossed 9,500 for the first time since the pandemic started la...
Magna International (TSX: MG) Stock, An EV Stock To Buy & Hold!
April 15, 2021 06:32 PM AEST| By Team Kalkine MediaSource: GH Studio, Shutterstock Summary LG and Magna e-Powertrain might get the responsibility of handling the initial volume production of Apple EVs. Recently, Magna grabbed a deal with Israeli startup REE Automotive to develop a modular elec...
Why Alibaba Stocks (BABA) Are Rallying Despite Antitrust Fine?
April 13, 2021 02:22 AM AEST| By Team Kalkine MediaSource:zhu difeng, Shutterstock Summary Chinese regulatory authorities fined Alibaba group (US$ 2.75 billion) at the end of an antitrust investigation. During the probe, it was found that the company eliminates and restricts competition in the...
This Growth EV Stock Exploded by 118% In A Year
April 12, 2021 10:48 PM AEST| By Shreya BiswasSource: Matej Kastelic, Shutterstock Over the past few years, the demand for electric vehicles (EVs) has increased across the world, including Canada. People have been inclined to buy EVs as they are not only good for the environment but also provid...
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What’s Behind The Exponential Market Cap Rise Of Chinese EV Makers
April 10, 2021 01:43 AM AEST| By AnujSource: Zapp2Photo, Shutterstock Tesla Inc. (NASDAQ: TSLA) stock has raced quicker than ever in the past year, its market capitalization skyrocketing to almost 820 million in early January 2021. After a brief period of market correction, it now sits...
Is Goodfood (TSX:FOOD) Stock A Good Buy?
April 08, 2021 06:37 PM AEST| By AnujSource: xalien, Shutterstock Goodfood Market Corp. (TSX: FOOD), one of the leading Canadian grocers, generated significantly high revenue in the second quarter for fiscal 2021. The total revenue went up 71 per cent YoY to C$ 100.7 million in Q2, en...
BigCommerce Vs Shopify : Which Stock Is A Better Buy?
April 07, 2021 02:36 AM AEST| By Shreya Biswasduals SaaS-based services pertaining to design, shopping cart and payment. Ever since it went public last year, BigCommerce Holdings Inc (Nasdaq: BIGC, BIGC:US) has been pitted against fellow e-commerce giant Shopify Inc (TSX:SHOP). So let&rsquo...
XELB Skyrocket On New Acquisition: Should You Invest In This Penny Stock?
April 06, 2021 10:08 PM AEST| By Team Kalkine MediaSource: Iakov Filimonov, Shutterstock Summary Xcel Brands will acquire Lori Goldstein brands, including LOGO™. Ever since its inception in 2009, LOGO™ has been profitable. This acquisition is expected to bring high-growth opportun...
Kimberly-Clark (KMB) Stocks Rise As Toilet Paper Gets Costlier
April 01, 2021 11:07 PM AEDT| By Shreya Biswasannouncement, Kimberly-Clark saw its stock move up by about a per cent on Wednesday. Panic and bulk-buying in the wake of the coronavirus outbreak last year had seen demand for basic necessity products like toilet paper, sanitary napkins, diaper...
With Increase in Sales, Dollarama (TSX:DOL) Sets Target of 2000 stores by 2031
April 01, 2021 02:25 AM AEDT| By Team Kalkine MediaSource: on c, Shutterstock Discount retail stores chain Dollarama on Wednesday, March 31, reported sales of C$ 1,103.7 million in the fourth quarter, an increase of 3.6 per cent year-over-year. The sales increased as Canadians focused more on spendi...
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George Weston (TSX:WN): Buy & Hold Loblaw's (TSX:L) Parent Stock
April 01, 2021 02:01 AM AEDT| By Team Kalkine MediaSource: PhuShutter, Shutterstock Summary Last week the company announced that it was selling its 139-year-old bakery business. George Weston Limited wants to explore its real estate businesses. The company has a market cap of C$ 17 billion an...
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A TSX Stock That Can Make You Richer In 2021
March 29, 2021 11:53 PM AEDT| By Team Kalkine Mediauring the pandemic and will likely maintain its dominance this year as well. The outbreak of the coronavirus pandemic affected many food and retail companies in 2020, Social distancing measures and lockdown restrictions impacted their sales and...
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GameStop Stock Plunges Over 20% On Poor Earnings
March 25, 2021 03:49 AM AEDT| By AnujSource: korobskyph, Shutterstock GameStop Corporation (GME:US or NYSE: GME), a meme stock, plummeted over 20 per cent at 10:59 AM ET on Wednesday, as the company reported weak fourth-quarter results and stated it is planning to raise fund through it...
George Weston (TSX: WN) To Sell Bakery Unit, Focus on Retail & Real Estate
March 24, 2021 04:14 AM AEDT| By Team Kalkine MediaSource: blurAZ, Shutterstock George Weston Limited (TSX: WN) announced that it will soon sell its Weston Foods bakery business and focus on retail and real estate businesses. Despite being one of the leading bakeries in North America, it con...
JFIN Stock Forecast: Chinese FinTech Jiayin May Extend Price Rally
March 19, 2021 08:56 PM AEDT| By AnujSource: Joyseulay, Shutterstock Stocks of Jiayin Group Inc. (JFIN:US or NASDAQ: JFIN) skyrocketed 73.61 per cent on Thursday, March 18, after the speculation linked it with the non-fungible token (NFT). The Chinese FinTech firm connects investors a...
On World Sleep Day 2021, A Mattress Stock To Explore (TSX:ZZZ)
March 19, 2021 08:52 PM AEDT| By Shreya BiswasSource: Things, Shutterstock Summary On Friday, March 19, the world gets to celebrate a day solely dedicated to sleep. This mattress stock recorded a growth of over 232 per cent in the past one year. Its net income for Q4 2020 was up by 89.4...
Who Is The New ‘TechnoKaiser’? Can He Beat Elon Musk?
March 19, 2021 02:46 AM AEDT| By Team Kalkine MediaImage: Pixabay Summary In the last three days, Volkswagen’s stocks grew up by 18 per cent The latest surge brought its year-to-date growth to 54 per cent. Volkswagen is Europe's largest seller of electric vehicles. Tesla (NASDAQ: T...
2 TSX Food Stocks To Stock Up This Spring!
March 19, 2021 12:19 AM AEDT| By Team Kalkine MediaSource: Rawpixel.com, Shutterstock Summary As businesses return to normalcy, growth is expected in food and beverages sector. The present market conditions can be used as an entry point by the investors. The food and beverage industry is...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025