2 Cybersecurity Stocks To Buy Amid Colonial Pipeline Hack Crisis

• May 06, 2021 11:13 AM EDT
• Anuj

Trading in gaming stocks has recently gained momentum amid the pandemic-led lockdown and outdoor sports restrictions. The rising number of online gaming subscribers is the primary reason for the unprecedented earnings and demand worldwide. Canadians...

• May 06, 2021 10:35 AM EDT
• Team Kalkine Media

Summary HON’s prices are trading above resistance turned support level on the daily chart and getting support from the 50-period Simple Moving Average (SMA). HON outperformed its peer and generated ~42 percent return in the last 9 months...

• May 06, 2021 10:27 AM EDT
• Team Kalkine Media

Summary Canada aims for net zero emissions by 2050 and this might increase focus on environmental, social and governance (ESG) initiatives. In the fourth quarter of 2020, there were ESG ETFs worth C$ 5.3 billion, according to TD Securities. In...

• May 06, 2021 09:45 AM EDT
• Anuj

Cryptocurrency-linked stocks have rocketed this year, guided by the ongoing heavy trading in virtual coins such as Ether, Bitcoin, and Dogecoin. Bitcoin hit record US$ 64,000 apiece last month, while Ether recorded new high of US$3,545.20 on Thursda...

• May 06, 2021 07:48 AM EDT
• Team Kalkine Media

Summary This move comes amid ongoing M&A and consolidation in the Canadian cannabis industry. Earlier, Sundial Growers had acquired more than 10 per cent stake in Valens Co. Sundial raised US$ 218 million in February through several regist...

• May 06, 2021 07:28 AM EDT
• Anuj

Stocks of Peloton Interactive (PTON:US, NASDAQ:PTON) witnessed a sharp plunge on Wednesday, May 5, just a day before announcing its quarterly results. The company had extraordinary sales of its fitness products last year due to stay home orders or wo...

• May 06, 2021 05:15 AM EDT
• Team Kalkine Media

Summary Melinda now owns a two per cent stake in the company which amounts to C$ 1.8 billion, based on the closing price of C$ 134.95. Bill Gates will continue to hold a 12.3 per cent stake in CNR. The company revealed in its first-quarter ear...

• May 05, 2021 12:19 PM EDT
• Team Kalkine Media

Gold stocks rallied as commodities prices shot up as markets stumbled in 2020. This year, another metal could see significant growth. Copper looks promising and on April 27, it rose to a 10-year high of US$ 4.49 a pound (May copper contract). Notably...

• May 05, 2021 10:52 AM EDT
• Team Kalkine Media

Summary Beating analyst expectations, Barrick Gold reported a 78 per cent increase in adjusted profit amounting to US$ 507 million. Barrick’s Loulo-Gounkoto complex delivered 193,014 ounces of gold and it is on target to extract 640,000-7...

• May 05, 2021 10:38 AM EDT
• Team Kalkine Media

Summary In the initial phase of the pandemic, Canadians stockpiled groceries and other essential consumer goods. Loblaw posted revenue of C$ 11,827 million, an increase of 0.6 per cent from the first quarter of 2020. Loblaw is one of the bigge...