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Suncor & Cenovus: Why Are Oil & Gas Stocks Trending on The TSX?
November 26, 2020 04:00 PM AEDT| By Team Kalkine MediaSummary Suncor Energy Inc will be operating the Syncrude Joint Venture next year, the company announced recently. Its stocks gained nearly 53 per cent month-to-date (MTD). Stocks of Cenovus Energy skyrocketed nearly 59 per cent MTD. Cenovus E.....
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Drone Delivery Canada (TSXV:FLT) & AeroVironment: Why Are Drone Stocks Climbing?
November 26, 2020 04:00 PM AEDT| By Team Kalkine MediaSummary Stocks of Drone Delivery have rebounded nearly 54 per cent since the pandemic-led meltdown on March 24. Robin XL & Condor’s pre-selling testing results are getting positive market reactions in Canada and globally, as per Drone.....
Why Are Clean Energy Stocks Fuel Tech, Ocean Power & Ballard Power Trending?
November 25, 2020 11:51 PM AEDT| By Kunal SawhneySummary Clean stocks rallied after US president-elect Joe Biden named erstwhile Secretary of State John Kerry as his climate envoy. Fuel Tech stocks have rocketed by 635 per cent in the last three months. Its 10-day average stock trading volume.....
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Which Two Midcap Pot Stocks Are On Investors’ Radar?
November 25, 2020 05:49 PM AEDT| By Team Kalkine MediaAs investors awaited results of US election 2020, cannabis stocks were the clear gainers. The US states of Arizona, Montana, South Dakota, and New Jersey have already legalized the recreational use of cannabis. Pot firms are now celebrating US Pres.....
Why Are DPW (NYSE:DPW) & Exchange Income (TSX:EIF) Industrial Stocks Trending?
November 25, 2020 04:00 PM AEDT| By Team Kalkine MediaSummary DPW stocks have zoomed over 1032 per cent since the coronavirus-led market meltdown. It generated a gross profit of US$ 1.9 million, up 94.7 per cent YoY. DPW stock’s 10-day average trading volume is 32.85 million units. Exchange.....
Champion Iron, First Quantum, & Trevali: 3 Trending Metals & Mining Stocks
November 25, 2020 03:00 AM AEDT| By Team Kalkine MediaCanada is one of the largest global producers of minerals. Traditionally, the country has benefited from low-priced mineral and metal commodities, whose mining created job opportunities and substantial wealth development. But following the coronavi.....
Why Is Bombardier (TSX:BBD) Among Most Active Stocks On TSX?
November 24, 2020 09:11 PM AEDT| By Team Kalkine MediaThe COVID-19 pandemic has decimated the market value of Bombardier Inc (TSX: BBD.B). This once-powerful industrial stock has plunged by nearly 79 per cent year-to-date. In contrast, the S&P/TSX Capped Industrials Index has grown abou.....
Why Are Financial Stocks Sun Life (TSX:SLF) & Manulife (TSX:MFC) Trending?
November 24, 2020 12:48 AM AEDT| By Kunal SawhneyFinancial stocks have been trending on the Toronto Stock Exchange for the last three weeks. The S&P/TSX Financial index has soared by nearly 16 per cent in November while stocks such as Sun Life Financial Inc (TSX: SLF) and Manulife Financial Cor...
This Software-Cum-Logistic Stock Flourishes Amid COVID-19
November 23, 2020 10:20 PM AEDT| By Team Kalkine MediaThe technology industry, one of the booming sectors amid the coronavirus outbreak, has rallied to record highs, leading to several software companies accumulating unprecedented wealth. The rally may continue as investors expect more growth from these...
Bombardier (TSX:BBD) & Air Canada (TSX:AC): 2 Trending Industrial Stocks
November 22, 2020 01:18 AM AEDT| By Kunal SawhneyValue of industrial stocks Air Canada (TSX: AC) and Bombardier Inc (TSX: BBD.B) spiked following the announcement of successful COVID-19 vaccine trials by Pfizer-BioNTech and Moderna earlier this month. The industrial sector took quite a hit amid th...
Canada September Retail Sales Up: Look At Dollarama (TSX:DOL) & Metro (TSX:MRU) Stocks
November 22, 2020 01:08 AM AEDT| By Hina ChowdharyCore retail sales in Canada grew by nearly three times at 1.1 per cent in September against 0.4 per cent in August 2020, Statistics Canada reported. The retail figures amounted to C$ 53.9 billion due to higher sales at general merchandise and eatery...
Why Is West Fraser (TSX:WFT) Acquiring Norbord (TSX:OSB)?
November 21, 2020 11:10 PM AEDT| By Team Kalkine MediaDiversified wood product producer West Fraser Timber Co. Ltd. (TSX: WFT) and leading manufacturer of wood-based panel Norbord Inc. (TSX: OSB, NYSE: OSB) Thursday announced that they have entered into a strategic business agreement. West Fraser will.....
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Suncor (TSX:SU) & Canadian Natural (TSX:CNQ): 2 Rallying Dividend Oil & Gas Stocks
November 21, 2020 04:30 PM AEDT| By Team Kalkine MediaSummary Oil and gas stocks of Suncor Energy (TSX: SU) and Canadian Natural Resources Ltd (TSX: CNQ) jumped significantly in November following Pfizer and Moderna’s news of successful COVID-19 vaccine trials. The S&P/TSX Capped Energy .....
Why is Buzzfeed Buying Verizon’s HuffPost Amid Traffic & Revenue Slumps?
November 20, 2020 11:50 PM AEDT| By Hina ChowdharyNew York-based digital media house BuzzFeed Inc has agreed to buy Verizon Media’s HuffPost publication in a stock deal, the two companies announced on Thursday, November 19. Verizon Media, which is a unit of Verizon Communications Inc (NYSE: .....
Beyond Meat (NASDAQ:BYND) & GURU (TSX:GURU): 2 Rising Plant-Based Product Stocks
November 20, 2020 11:14 PM AEDT| By Kunal SawhneySummary An environmentally conscious world is embracing alternative meats substitutes amid the pandemic. Nearly 56 per cent of the Canadian Gen Z believe that healthy habits are the key to a good life. The increasing popularity of plant-based .....
Why NVIDIA (NASDAQ:NVDA) & CIIG (NASDAQ:CIIC) Stocks Are In Spotlight?
November 20, 2020 10:50 PM AEDT| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) stocks skyrocketed by 128 per cent year-to-date (YTD) as online gaming business boomed amid the coronavirus pandemic. The company posted a record revenue in the third quarter fiscal 2021, up 57 per cent.....
Which are the top ETFs offered by TD Asset Management?
November 20, 2020 02:19 AM AEDT| By Hina ChowdharySummary TD US Equity Index fund delivers a positive return on equity (ROE) of 26.17 per cent. TD Active Global Enhanced Dividend ETF holds a current dividend yield of 3.731 per cent and offers an ROE of 27.17 per cent. TD Active Global Income .....
Why Healthcare Stocks Lexicon, Profound & Mind Medicine Are Booming?
November 19, 2020 11:51 PM AEDT| By Kunal SawhneySummary Lexicon Pharmaceuticals stock soared over 40 per cent on its successful third phase trial for sotagliflozin on November 17. Stocks of Profound Medical Corp have gained over 155 per cent since the COVID-19 pandemic led market crash on Ma.....
Why Are Energy Stocks Cenovus and Suncor Trending?
November 18, 2020 09:38 PM AEDT| By Kunal SawhneySummary Stocks of Cenovus Energy have soared by over 40 per cent in the last one month. Cenovus’ 10-day average trading volume is 6.57 million units. Stocks of Suncor have swelled by nearly 25 per cent in the last one month. Suncor&rsqu.....
Why Are BNS & TD Bank Stocks Trending?
November 18, 2020 03:37 AM AEDT| By Team Kalkine MediaSummary Two back-to-back promising news on the COVID-19 vaccine have built positive sentiment among investors. Bank of Nova Scotia and The Toronto-Dominion Bank stocks have surged by over 2 per cent on the vaccine update. BNS stocks are up ove.....
