Financial
3 Canadian Crypto Stocks To Buy Amid Rising Ethereum Demand
May 03, 2021 10:23 AM EDT| By AnujCryptocurrency mining stocks have surpassed the growth of most crypto coins over the past one year. This trend is likely to continue for the month May as well as rising demand for Ethereum and Bitcoin would mean more mining. Mining difficulty declin...
Canadian Crypto Stocks Rise As Bitcoin Bounces Back
April 27, 2021 10:21 AM EDT| By AnujBitcoin has paced up to the value of US$ 55,000 per token after tumbling below its support level of US$ 50,000 apiece on Friday, April 23. This recovery came on the back of JPMorgan’s report allowing its clients to invest in the cryptocurrency...
2 Canadian Bank Stocks To Buy Right Away
April 27, 2021 08:57 AM EDT| By Team Kalkine MediaCanadian bank stocks attracted major traction from investors this year after all the top six banks reported healthy earnings in the beginning of 2021. Even as the economy continues to recover from the pandemic lows, COVID-19 is back with a third wave...
Buy Alert! 4 Financial Stocks That Zoomed 40% YTD
April 26, 2021 08:24 AM EDT| By Team Kalkine MediaStocks from the financial services sector are often sort after for healthy returns. As the COVID-19 pandemic hits Canada with a third wave, many investors continue to seek financial stocks that come with a track record of good returns. Let’s ta...
WeCommerce’s (TSXV:WE) Revenue Soars 53% YoY In Q4, Stock Up 4%
April 23, 2021 12:33 PM EDT| By AnujWeCommerce Holdings Ltd (TSXV:WE) has reported a significant revenue surge on a year-over-year (YoY) basis in its 2020 fourth fiscal quarter earnings. The fintech firm stock also rose nearly four per cent on Thursday, April 22, on the back of the hi...
Is Laurentian Bank (TSX:LB) Stock A Buy?
April 23, 2021 10:49 AM EDT| By AnujStocks of Laurentian Bank of Canada (TSX:LB) jumped as much as 5.6 per cent on Thursday, April 22, as it received Canada Mortgage and Housing Corporation’s (CMHC) nod to begin a C$ 2 billion legislative secured bond program. Laurentian Bank pr...
TD & BNS: 2 Bank Stocks To Buy & Hold This Quarter
April 20, 2021 12:26 PM EDT| By AnujHaving posted healthy earnings in the second fiscal quarter of 2021, top Canadian lenders such as Bank of Nova Scotia (TSX:BNS) and Toronto-Dominion Bank (TSX:TD) have been on investors’ radar for a while now. The S&P/TSX Financial Index ha...
Does Doge Stock Exist? How To Buy A Dogecoin?
April 16, 2021 11:12 AM EDT| By AnujSource: mk1one, Shutterstock Dogecoin is flying to the moon, and newbie investors are frantically searching for ‘Doge stock’. However, there is no Doge stock. Doge is a meme-based crypto token, which is available on cryptocurrency exch...
Should You Buy CryptoStar (CSTR) Stock Amid Crypto Rally?
April 14, 2021 12:30 PM EDT| By AnujSource:Rawpixel.com, Shutterstock It has been a cryptocurrency week so far. All popular crypto coins have delivered double-digit returns week-to-date (WTD). The giant bitcoin surpassed the US$ 64,000-mark yesterday and set a record high of US$ 64,82...
A TSX Bank Stock To Buy & Hold Today
April 14, 2021 08:26 AM EDT| By Shreya BiswasSource: CrizzyStudio, Shutterstock The positive financial results of the top six Canadian lenders earlier this year has not only shone a light on the improving trajectory of the economy but also on some of Toronto Stock Exchange’s bank stocks....
3 Canadian Crypto Stocks To Watch In Q2 2021
April 13, 2021 10:39 AM EDT| By AnujSource: TeeStocker, Shutterstock The cryptocurrency market has been witnessing the best quarter ever and seem to have several reasons to celebrate. Bitcoin, which has been soaring to new heights this year, recoded yet another milestone by breaching...
Will Plaid Be The Next Big IPO of 2021?
April 07, 2021 10:14 AM EDT| By AnujSource: TierneyMJ, Shutterstock American fintech startup Plaid has been valued at US$ 13.4 billion during a fundraising round by investors after its abandoned sale to Visa Inc. (NYSE: V), indicating a smooth comeback after the US government blocked...
Why Are Big 6 Canadian Bank Stocks Rallying?
April 07, 2021 09:21 AM EDT| By AnujSource: Freedomz, Shutterstock Bank stocks nosedived in 2020 due to the COVID-19 outbreak and witnessed a bearish trend throughout the second and third quarters. Despite that, the big six Canadian banks continued to distribute quarterly dividends du...
This Classic Hot Stock Has Been Rallying For Decades!
April 05, 2021 12:19 AM EDT| By Team Kalkine MediaSource: Portrait Image Asia, Shutterstock In Canada, one thing that remains common among investors is the reliance on bank stocks. For beginners or professionals, bank stocks often remain the popular choice. The COVID-19 pandemic impacted several s...
Brookfield Asset Set To Privatize Its Property Wing In US$6.5-Bn Deal
April 04, 2021 12:14 AM EDT| By Team Kalkine MediaSource: Jirapong Manustrong, Shutterstock Summary Brookfield Property's board has taken a unanimous call and approved the deal. Brookfield Asset already owned 60 per cent of Brookfield Property. The company’s CFO had indicated that maki...
Paysafe (NYSE:PSFE) IPO: All You Need To Know $9-Billion SPAC Merger
April 01, 2021 08:33 AM EDT| By AnujSource: Blue Planet Studio, Shutterstock Paysafe Group Holdings Limited, a digital payment firm, merged with Bill Foley’s special-purpose acquisition company (SPAC) Foley Trasimene Acquisition Corp II (NYSE: BFT) to form joint entity Paysafe L...
TD & Scotiabank (TSX:BNS): 2 Bluechip Bank Stocks To Buy Now!
March 30, 2021 06:34 AM EDT| By Ipsita SarkarSource: ShutterstockProfessional, Shutterstock As the Canadian economy shifts into recovery gear, banks stocks have been rebounding smoothly, indicating investors’ renewed optimism. Toronto-Dominion Bank (TSX: TD) and Bank of Nova Scotia (TSX:...
Credit Suisse (NYSE:CS) Stock Heading For Crash?
March 30, 2021 05:48 AM EDT| By AnujSource: Freedomz, Shutterstock The Switzerland-based investment advice company Credit Suisse Group (CS:US or NYSE: CS) stock tumbled over 11 per cent on Monday, March 29, after reports of losses up from Archegos Capital Management liquidation. The...
Power Corporation of Canada (TSX:POW): An Insurance Stock to Buy
March 29, 2021 07:31 AM EDT| By Team Kalkine MediaSource: Portrait Image Asia, Shutterstock Summary The financial services sector accounts for 32.1 per cent of the S&P/TSX Composite Index. Over 13 million shares of Power Corp were traded on Friday. Power Corp's market cap is over C$ 20 b...
Nomura Stocks Are Collapsing: To Hold Or Not To Hold?
March 29, 2021 04:17 AM EDT| By Shreya BiswasSource: Freedomz, Shutterstock Summary Stocks of Japanese financial services company Nomura Holdings Inc (TYO: 8604) shrank by about 16 per cent on Monday, March 29 (3PM GMT). It is reportedly their sharpest intraday fall since November 2011....