Stocks
Rubicon Organics (TSXV:ROMJ) & Auxly Cannabis (TSXV:XLY): 2 Junior Pot Stocks to Explore
October 19, 2020 07:12 AM EDT| By Kunal SawhneySummary Rubicon OrganicsTM ranks among TMX Money’s Rising Stars– a list of 50 upcoming TSXV stocks that have posted the largest price gains in the last three months. Auxly Cannabis Group’s 10-day average trading volume is 2.33.....
Renewable Energy Stocks on Rise as Canada Nurtures CleanTech Dream
October 19, 2020 07:05 AM EDT| By Team Kalkine MediaSummary Solar and wind energy are the ‘fastest growing sources of electricity’ in Canada, according to the Natural Resources Canada. However, a 2019 report pointed that since 2005, Canada has recorded a paltry 2% fall in its greenho.....
Canadian Stock Market’s Psychedelic Trip with MindMed & Revive Therapeutics
October 18, 2020 12:20 AM EDT| By Team Kalkine MediaIn August this year, the Canadian government approved a controversial psychedelic treatment for four terminal cancer patients. The recipients were administered the drug found in the so-called magic mushrooms or shrooms, to ease their end-of-life di.....
GreenPower Motor & Lithium Americas: 2 EV Stocks Amid Canada’s Green Push
October 16, 2020 01:06 PM EDT| By Team Kalkine MediaSummary Canada’s way out of the COVID-19 pandemic is going to be "green", said PM Justin Trudeau recently. GreenPower Motor stocks are up a staggering 672 per cent year-to-date (YTD). The Lithium Americas’ stocks have climbed nearl.....
Aphria (TSX: APHA) Releases Quarterly Results, Aurora (TSX:ACB) Sells Key Asset
October 16, 2020 01:02 PM EDT| By Team Kalkine MediaSummary The S&P TSX cannabis index tumbled over six per cent on Thursday as cannabis stocks fell following the release of Aphria’s Q1 FY21 financial results . Aphria’s net revenue was down 4.3 per cent quarter-over-quarter (QoQ).....
Bank of Montreal (TSX:BMO) & Toronto-Dominion Bank (TSX:TD): 2 Bank Stocks In Focus
October 16, 2020 09:42 AM EDT| By Team Kalkine MediaSummary Soaring bad loans amid the pandemic has forced big Canadian banks to create significant provisions for credit losses (PCL). The Toronto-Dominion Bank’s provision for credit loss was C$ 2.18 billion in its third quarter, while Bank.....
Real Estate Stocks Madison Pacific (TSX:MPC) & Altus Group (TSX:AIF) Gain Ground
October 16, 2020 06:59 AM EDT| By Team Kalkine MediaSummary Canada’s real estate market is staring at a bubble risk. Home prices touched C$975,980 in September, an 11 per cent increase from the same period last year. Altus Group Limited (TSX:AIF) stocks have gained by 45.54 percent this .....
Canadians’ Shift Towards Plant-based Meat Reflect on Vegan Stock Performances
October 15, 2020 12:27 PM EDT| By Team Kalkine MediaSummary Canada is witnessing a rise in plant-based food habits amid the coronavirus pandemic. The Canadian government invested nearly C$ 100 million into plant-based protein manufacturer Merit Functional Foods in June this year. Stocks of plan.....
Nuvei, Lightspeed & GoldMoney: Canadian Fintech Stocks Bloom in Pandemic
October 15, 2020 12:25 PM EDT| By Team Kalkine MediaSummary The pandemic has thrust fintech and paytech companies into the spotlight as consumers shift from cash to virtual payment systems. Nuvei’s stock has surged 17 per cent since its stock market debut in September this year. Lightspee.....
NIO & Tesla Stocks Zoom As Electric Vehicle Market Heats Up
October 15, 2020 09:44 AM EDT| By Team Kalkine MediaSummary Canadian trade union Unifor and Ford Motor Company have signed a deal to repurpose an Oakville plant for the future production of electric vehicles. Stocks of electric vehicle makers such as NIO Inc and Tesla Inc have fared well during .....
Kinross (TSX:K) & Barrick Gold (TSX:ABX): 2 Rallying Gold Stocks
October 15, 2020 08:19 AM EDT| By Team Kalkine MediaSummary Gold saw a solid climb during the early months of the pandemic with the S&P/TSX Global Gold Index gaining 42.59 per cent year-to-date. Kinross Gold stocks have surged nearly 100 per cent this year while Barrick Gold stocks gained ov.....
WELL Health (TSX: WELL) & CloudMD (TSXV:DOC): 2 Healthcare Stocks Gathering Steam
October 14, 2020 12:39 PM EDT| By Team Kalkine MediaSummary The TSX healthcare index is down 31.52 per cent year-to-date (YTD). However, the index has gained 13.20 per cent quarter-to-date. The healthcare space has witnessed a sea of change amid pandemic times. WELL Health Technologies Corp (TS.....
Canadian Natural (TSX:CNQ) & Suncor Energy (TSX:SU): 2 Dividend-Paying Energy Stocks
October 14, 2020 11:05 AM EDT| By Team Kalkine MediaSummary The S&P/TSX energy index is down over 53 per cent this year amid the oil price volatility and low demand. Canadian Natural Resources has dethroned Suncor Energy as Canada’s most valuable energy company. The upcoming US presid.....
Why healthcare stocks Johnson & Johnson (NYSE:JNJ) & Medigus (NASDAQ:MDGS) are trending?
October 13, 2020 01:10 PM EDT| By Team Kalkine MediaHealthcare stocks rallied on Tuesday morning as soon as the markets opened after a long Thanksgiving weekend. The TSX healthcare index was up by 35 points or 0.67 per cent at the time of filling this report. Canadian stocks CloudMD (TSXV:DOC) and W.....
Air Canada (TSX:AC) & Transat (TSX:TRZ) Stocks Trend on TSX After Revised Deal
October 13, 2020 10:59 AM EDT| By Team Kalkine MediaSummary Air Canada (TSX: AC) has revised its purchase deal with holiday travel operator Transat AT Inc (TSX: TRZ). Air Canada will now offer C$ 5 per share from the previous C$ 18 under the amended deal. Transat’s shares are down 76.34 p.....
Aphria Inc (TSX:APHA) and Fire & Flower (TSX:FAF): 2 Trending Cannabis Stocks
October 13, 2020 09:02 AM EDT| By Team Kalkine MediaSummary Cannabis stocks spiked on Monday after both Republicans and Democrats talked about the federal legalization of recreational marijuana in the US. Aphria Inc is set to release its first quarter fiscal 2021 results on October 15 and is cur.....
Boston Pizza (TSX:BPF.UN) & Pizza Pizza (TSX:PZA): Trending Restaurant Stocks
October 10, 2020 07:19 AM EDT| By Kunal SawhneySummary Boston Pizza’s gross sales stood at C$129.8 million for the second quarter 2020, down by 53.8 per cent year-over-year. Recovering from the impact of Covid-19, the July sales for Pizza Pizza rebounded quickly, up by 20 per cent fro.....
Goodfood, Dollarama, Aritzia: Are Retail Stocks Thanksgiving Ready?
October 10, 2020 07:15 AM EDT| By Team Kalkine MediaCanadian retail companies are adapting flexibility and innovative plans to battle the pandemic-led plunge in demand. As customers prefer to stay indoors, the retailers are reaching out to them digitally and offering contactless doorstep deliveries......
Why Are Tech Stocks AMD (NASDAQ:AMD) and IBM (NYSE:IBM) Rallying?
October 09, 2020 11:15 PM EDT| By Kunal SawhneyShares of American tech giants Advanced Micro Devices Inc (NASDAQ: AMD) and International Business Machines Corporation (NYSE: IBM) are currently rallying on the stock markets. While AMD hit headlines on Thursday with the news of its latest Ryzen 5.....
Barrick (TSX:ABX), Kinross (TSX:KGC) & New Gold (TSX:NGD): 3 Gold Stocks to Watch Out
October 09, 2020 02:50 PM EDT| By Team Kalkine MediaSummary Barrick Gold Corporation (TSX:ABX) acquired 12.4 per cent stake mining exploration company Skeena Resources. Kinross Gold plans to acquire 70 per cent stake in the Peak Gold project in Alaska from Royal Gold and Contango for C$ 93.7 mil.....