Stocks
9 TSX Gold Stocks That Glittered In 2020
December 28, 2020 12:43 AM EST| By Kunal SawhneyGold became the ultimate safe haven amid the COVID-19 outbreak and volatile market condition of 2020. Investors started adding gold to their portfolio after the pandemic-led market meltdown that guided the yellow metal to hit an all-time high of US$...
Top TSX Utility & Pipeline Stocks of 2020
December 26, 2020 12:18 AM EST| By Kunal SawhneyCanadian utility and pipeline companies ensured the continuity of gas and light supply throughout the coronavirus crisis while taking measures to limit their employees' exposure to the virus. The TSX utilities index is up 8.40 percent year-to-date (...
5 Top TSX Communication & Entertainment Stocks For 2020
December 25, 2020 12:38 AM EST| By Hina ChowdharyWith all that has gone down this year due to the coronavirus pandemic, communication and entertainment has often been the ultimate comfort. As the demand for connectivity, content, wireless, etc. rose over the last nine months since the onset of th.....
2 Penny Stocks Delivering Triple-Digit Returns In 2020
December 24, 2020 09:57 AM EST| By Kunal SawhneySummary Stocks of a graphene firm have rallied 492 per cent this year. Consequently, the company made it to TMX’s Rising Stars. A lithium producer’s stocks have returned over 250 per cent in 2020, driven by the ongoing global electr.....
XL Fleet Stocks Ride High After SPAC Merger
December 24, 2020 08:47 AM EST| By Hina ChowdharySummary XL Fleet Corp (XL) completed its merger with special purpose acquisition company Pivotal Investment Corporation II. Its stocks zoomed over 86 per cent following the development. The combined corporation will now trade on the New York S.....
Jaguar & Acasti (TSXV: ACST): 2 Trending Healthcare Stocks
December 24, 2020 07:12 AM EST| By Kunal SawhneySummary Jaguar Health stocks soared over 405 per cent in the last one month, led by the ongoing biopharma rally. Jaguar units climbed over 170 per cent on December 23 on the back of its Mytesi® royalty purchase price announcement. Acasti P.....
OceanaGold (TSX: OGC), A Rising Yellow Metal Stock
December 24, 2020 03:07 AM EST| By Hina ChowdharySummary OceanaGold stocks have swelled over 38 per cent in the last one month, guided by the gold price rally. The yellow metal scrips have actively traded across the market (TSX & TSXV) with a 10-day average volume of 3.26 million units. .....
Cineplex (TSX:CGX) Stock & Its Downhill Saga in 2020
December 24, 2020 01:41 AM EST| By Team Kalkine MediaThe year 2020 has been harsh on certain sections of the entertainment industry. As the pandemic spread its tentacles across the world, film production and movie theatres came to a screeching halt in March. Stocks of Canadian multiplex chain Cineplex...
FinTech Firm Mogo Bets Big On Bitcoin, To Invest C$1.5M
December 23, 2020 09:47 AM EST| By Hina ChowdharyDigital financial firm Mogo Inc. (TSX: MOGO) Wednesday announced that it intends to buy up to C$ 1.5 million bitcoin in an initial corporate investment. The fintech firm is expected to make further investments in 2021, as it monetizes its existing C$...
Canoo (NASDAQ: GOEV) Stocks Plunges On Debut Post Merger With SPAC
December 23, 2020 08:53 AM EST| By Team Kalkine MediaSummary Canoo stocks tumbled nearly 4 per cent post its stock market debut on December 22, after completion of its merger with SPAC Hennessy Capital. Canoo has a current market cap of US$ 251 million.Its first day stock trad.....
Air Canada (TSX:AC) & Canadian National Railway: 2 Volume Active Industrial Stocks
December 23, 2020 04:50 AM EST| By Kunal SawhneySummary Air Canada scrips are up 31 per cent in the last six months. Its 10-day average volume stands at 7.5 million units. The CN Rail stock has surged nearly 20 per cent in the last six months. It offers a positive return on equity of 17.37 p.....
Peloton Stocks Jump Over Precor Acquisition
December 22, 2020 11:04 AM EST| By Kunal SawhneySummary Peloton Interactive Inc has announced that it will be purchasing fellow exercise equipment company Precor Incorporated, a deal that is likely to be completed early next year. Peloton stocks jumped by over three per cent on Monday, Decem.....
2 Trending Pot Stocks: Canopy Growth (TSX:WEED) & Aphria (TSX:APHA)
December 22, 2020 08:49 AM EST| By Kunal SawhneySummary Canopy Growth stocks yielded 34 per cent returns in 2020. The stock is offering earnings per share of C$ 0.59. Aphria stocks are up by 50 per cent YTD. The pot firm stocks are trading actively across the Canadian market on the back of i.....
Scotiabank & Toronto-Dominion: 2 Bank Stocks On Rebound Path
December 22, 2020 06:45 AM EST| By Hina ChowdharySummary Bank of Nova Scotia scrips have soared 25 per cent in the last three months. The blue-chip stock has a positive return on equity (ROE) of 10.11 per cent. Toronto-Dominion stocks have increased by 17 per cent in the same period. The stoc.....
Canadian Tire (TSX:CTC) & Boyd Group (TSX:BYD): 2 Rising Retail Stocks
December 21, 2020 09:03 AM EST| By Kunal SawhneySummary Toronto-based Canadian Tire stocks have swelled nearly 20 per cent year-to-date (YTD). The firm distributes a quarterly dividend of C$ 1.175 per unit. Boyd Group stocks have yielded almost 9 per cent returns YTD. The group pays a quarte.....
Tesla To Debut On S&P 500 Today, Fifth Largest Constituent On Index
December 21, 2020 07:48 AM EST| By Hina ChowdharySummary Tesla Inc is the biggest company ever to be added to the benchmark S&P 500 index. Over 222 million stocks of the EV maker were traded on Friday. Tesla stock has catapulted by over 730 per cent this year. Electric vehicle maker.....
3 Trending Penny Stocks: Drone Delivery, Loop Insights & Greenlane Renewables
December 20, 2020 12:56 AM EST| By Kunal SawhneySummary Penny stocks of Drone Delivery Canada, Loop Insights and Greenlane Renewables have been among the most active stocks on the TSXV. Stocks of Drone Delivery Canada Corp climbed nearly 25 per cent in the last three months. Loop Insights s.....
5 Energy Stocks That Swayed The Markets in 2020
December 20, 2020 12:46 AM EST| By Kunal SawhneyIt was a difficult year for Canada’s energy sector. From reeling under the pressure of pandemic to the being trapped in the midst of oscillating oil prices, value of energy stocks witnessed an unprecedented erosion this year. A...
BCE & Rogers: Top 5G Stocks On The TSX
December 20, 2020 12:03 AM EST| By Team Kalkine MediaCanada’s telecom industry was at the crossroads regarding the rollout of 5G last year. Then came the coronavirus pandemic in 2020 and the scene of wireless connectivity shifted. What could still have been considered a luxury in the pre-COVID-.....
2 Dividend-Paying TSX Telecom Stocks
December 19, 2020 02:17 AM EST| By Team Kalkine MediaSummary BCE holds a current dividend yield of 5.892 per cent and distributes a quarterly cash dividend of C$ 0.833 per stock. TELUS pays a quarterly cash dividend of C$ 0.311 to its unitholders, with a current dividend yield of 4.887 per cent. .....