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Industrial
Why is Magna International’s (TSX:MG) stock tanking?
February 14, 2022 08:10 AM EST| By Kajal JainStocks of Magna International (TSX:MG) tanked by over six per cent on Friday, February 11, after announcing its Q4 earnings for FY2021. Magna International is said to be one of the biggest automotive suppliers worldwide. The Aurora, Ontario-headqu.....
Bombardier (BBD.B) & Air Canada (AC): Cheap TSX industrial stocks to buy
February 12, 2022 01:05 AM EST| By Kajal JainHighlights Bombardier Inc (TSX: BBD.B) has been drawing quite a bit of investor attention since it posted its latest financials on Thursday, February 10. Air Canada (TSX:AC), on the other hand, has been trending high on the TSX among top indust.....
Why is Air Canada (TSX: AC) trending and is it a cheap stock to buy?
February 09, 2022 03:48 AM EST| By Shreya BiswasAir Canada (TSX: AC) stocks shot up by nearly five per cent Tuesday, February 8, closing at a value of C$ 24.82 apiece and noting a daily trading volume of 4.28 million. This sudden surge in its stock price seems to have triggered some investor in.....
Frontier Group (ULCC) to acquire Spirit Airlines for US$6.6 billion
February 07, 2022 02:35 PM EST| By Rupam RoyThe Colorado-based airline holding company, Frontier Group Holdings, Inc (NASDAQ: ULCC), is acquiring its rival Spirit Airlines Inc. (NYSE: SAVE) for US$6.6 billion in a cash-and-stock deal. The purchase is expected to help Frontier compete with l.....
ATS Automation's (ATA) Q3 profit soars 23%. An industrial stock to buy?
February 02, 2022 10:54 AM EST| By Kajal JainATS Automation (TSX:ATA), one of the top industrial companies in Canada, saw its stocks clock a 52-week high of C$ 53 on Tuesday, February 1. This surge in its stock price came prior to the release of its latest earnings report, which came out on .....
Is Canadian Pacific’s (TSX:CP) stock a buy after Q4 revenue increase?
January 28, 2022 07:52 AM EST| By Kajal JainHighlights Canadian Pacific Railway, on Thursday, January 27, announced its financial results for the fourth quarter of fiscal 2021. Canadian Pacific is one of the top industrial companies in North America, with a railroad network that connects.....
Canadian National (TSX:CNR) sees Q4 diluted EPS soar 18%. A buy alert?
January 27, 2022 08:30 AM EST| By Kajal JainHighlights Canadian National Railway is trending on the stock market in light of its fourth-quarter results for fiscal 2021, released after market close on Tuesday, January 25. The railroad company, which currently has a return on equity .....
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Cargojet (CJT) stock surges 10% in a week: An aviation stock to buy?
January 20, 2022 04:32 AM EST| By Kajal JainHighlights Cargojet Inc (TSX: CJT) stocks surged by almost 10 per cent in the last one week following some corporate announcements. The freight airline is set to release its fourth quarter and year-end results for fiscal 2021 on March 7, .....
WestJet & Air Canada (AC): Are the airline stocks a buy amid omicron?
January 19, 2022 09:59 AM EST| By Kajal JainThe coronavirus pandemic has continued to take a toll on the airline industry in 2022 amid mounting omicron cases. As the unpredictability around this new variant has triggered lockdowns in many regions worldwide, affecting international and local .....
Will Air Canada (TSX:AC) stock fly past pre-pandemic levels in 2022?
January 18, 2022 05:09 AM EST| By Raza NaqviAir Canada (TSX:AC) is one of the worst-affected stocks by the COVID-19 pandemic, and it has left investors wondering if the airline carrier will ever bounce back to the pre-pandemic levels. On Monday, January 17, the Air Canada stock jumped 1.4 p.....
Why Virgin Galactic stock (SPCE) sank 19%?
January 14, 2022 08:37 AM EST| By Kajal JainVirgin Galactic Holdings Inc (NYSE:SPCE, SPCE:US) is creating quite a buzz on the stock markets, and it is not the kind of reaction you would want from investors. The space tourism company’s stocks tanked by nearly 19 per cent on Thursday, J.....
Is Cielo Waste (TSXV:CMC) a cheap stock to buy?
January 12, 2022 09:46 AM EST| By Kajal JainCielo Waste Solutions Corp (TSXV: CMC), a Canadian utility enterprise, saw its stock price gallop by nearly 31 per cent on Tuesday, January 11, noting a daily trading volume of over 13 billion. The Vancouver, Canada-headquartered company leverages.....
5 best industrial stocks of 2021 in Canada
December 22, 2021 10:55 AM EST| By Kajal JainHighlights Industrial stocks are often sought after by investors who are looking for steady growth over a long period of time. An aircraft stock mentioned here rocketed by almost 217 per cent year-to-date (YTD). An industrial stock listed .....
3 TSX airline stocks to buy as air travel nears pre-COVID levels
November 30, 2021 07:52 AM EST| By Kajal JainHighlights With the Canadian economy slowly reopening amid increased COVID-19 vaccination campaigns, some market experts believe that the country’s airline industry could hit their pre-pandemic air travel levels. A Canadian airline saw it.....
2 Canadian grain stocks to explore amid supply chain disruptions
November 19, 2021 09:49 AM EST| By Kajal JainHighlights Massive floods and landslides in British Columbia, Canada, have crippled the entire transportation system, including highways and rail lines. Access to the Port of Vancouver has also been blocked, which is disturbing as about half of.....
2 Canadian aviation stocks to buy in Q4 2021
November 18, 2021 09:22 AM EST| By Kajal JainHighlights The S&P/TSX Capped Industrial Index rose by more than 20 per cent in 2021. An aircraft manufacturer’s stock mentioned here zoomed by over 493 per cent in the last 12 months. An airline stock listed below signed a memorandu.....
GE stock jumps 17% on plans to split into three companies
November 09, 2021 12:33 PM EST| By Versha JainHighlights GE Electric Company (NYSE: GE) announced plans to split into three public companies, with the spin-off starting in early 2023. The Boston-based company was founded in 1892 before it became a massive business conglomerate. The stock .....
Avis Budget (CAR) soars 108% on Q3 revenue surge! An auto stock to buy?
November 03, 2021 03:39 AM EDT| By Shreya BiswasHighlights Avis Budget Group Inc (NASDAQ: CAR, CAR:US) saw its stocks surge by more than 108 per cent on Tuesday, November 2. Post market close on Monday, November 1, Avis Budget Group said that it saw its revenues almost double in Q3 2021. Th.....
Air Canada's (TSX:AC) Q3 operating revenue up 3x. Time to buy & hold?
November 02, 2021 09:21 AM EDT| By Raza NaqviAir Canada (TSX:AC) announced financial results for the third quarter of 2021 and said it has managed to narrow down its operating loss. Canada's decision to open its borders and increased flight operations have helped the national carrier to take.....
Cargojet revenue rockets 16.8% in Q3 amid supply chain crisis. A buy?
November 01, 2021 11:23 AM EDT| By Team Kalkine MediaHighlights Cargojet is planning to explore emerging opportunities in the international air-cargo segment, said President and CEO Dr Ajay Virmani. The company posted year-over-year growth of 16.8 per cent in total revenues. The ACMI business wi.....
