Consumer
IGT, CHDN to MGM: Top sports betting stock to watch in Q2
May 04, 2022 07:51 AM PDT| By Versha JainHighlights International Game Technology (NYSE: IGT) has a P/E ratio of 9.64 and a dividend yield of 3.66%. Churchill Downs, Incorporated’s (NASDAQ: CHDN) P/E ratio is 32.05. Its dividend yield is 0.33%, with an annualized div.....
Coca-Cola (KO) posts Q1 profits of US$2.78 bn, driven by strong sales
April 25, 2022 10:38 AM PDT| By Team Kalkine MediaHighlights: Coca-Cola (Nasdaq: KO) posted higher sales in the first quarter of fiscal 2022. Coca-Cola’s sales climbed 16% to US$10.49 billion in the quarter. The KO stock was marginally down 0.02% to US$65.24 at 1:32 pm ET on Monday. .....
KO, PEP, STZ among top beverage stocks to explore in Q2
April 25, 2022 09:09 AM PDT| By Rupam RoyHighlights: PepsiCo, Inc’s (NASDAQ: PEP) revenue increased over 12% YoY in Q4, FY21. Monster Beverage Corp (NASDAQ: MNST) revenue surged over 19% YoY in Q4, FY21. Constellation Brands, Inc. (NYSE: STZ) revenue surged 8% YoY in Q4, FY21. .....
GCO to CHS: 5 apparel stocks to explore in Q2
April 24, 2022 01:35 PM PDT| By Versha JainHighlights Genesco Inc. (NYSE: GCO) has aP/E ratio of 8.54. The stock grew 45.61% in one year. Delta Apparel, Inc.'s (AMEX: DLA) P/E ratio is 9.63, and its one-year return is 8.78%. Chico's FAS, Inc. (NYSE: CHS) has a P/E ratio.....
GameStop (GME) plans stock split. Are meme stocks back in the game?
April 01, 2022 02:38 AM PDT| By Rupam RoyHighlights: The video game retailer GameStop Corporation (GME) that the company would request its stockholders' approval at its next shareholder meeting for increasing its shares to perform a stock split. GameStop plans to increase its Class A .....
Top fertilizer stocks: CF, MOS, CTVA and 2 more to explore in March
March 13, 2022 12:10 AM PST| By Versha JainHighlights The consumer price index (CPI) rose 7.9% in February, the highest in four decades, driven by high energy, food, and services costs. Russia is one of the world’s top fertilizer producers, but sanctions could disrupt supplies. H.....
Top 5 Agri commodity stocks - ADM, MOS and 3 others to explore
March 08, 2022 12:07 PM PST| By Versha JainHighlights Commodity prices soar as Russia-Ukraine war has heightened supply worries. Wheat prices rose to a 14-year high last week. Prices of many other essential commodities have also been rising. Prices of oil, metal, and wheat have sk.....
Black Rifle Coffee Company (BRCC) stock gains attention, what's next?
March 08, 2022 06:32 AM PST| By Rupam RoyHighlights: Black Rifle Coffee Company or BRC Inc. started trading on NYSE on February 10. It went public through a SPAC merger with SilverBox Engaged Merger Corp I. The premium coffee firm will release its fourth quarter and fiscal 2021 finan.....
TSLA to KR: Top consumer stocks to watch in March
March 05, 2022 12:00 PM PST| By Versha JainHighlights Tesla, Inc’s (NASDAQ: TSLA) total revenue increased by 71% YoY to US$53.82 billion in FY 2021. It has a P/E ratio of 174.58. Home Depot, Inc. (NYSE: HD) expects positive sales growth in fiscal 2022. It has a P/E ratio of 20.99.....
Why is Best Buy Co. (BBY) stock rising despite weak earnings?
March 03, 2022 06:17 AM PST| By Rupam RoyHighlights: Best Buy reported revenue of US$16.36 billion in Q4, FY22. It increased its quarterly dividend by 26%. Best Buy expects its revenue to be between US$53.5 billion and US$56.5 billion in fiscal 2025. The stocks of Best Buy Co. (.....
BUD to STZ: 5 beer stocks to look for as Russia-Ukraine crisis mounts
February 24, 2022 10:46 AM PST| By Rupam RoyHighlights Russia and Ukraine are among the top five barley-producing countries. Diageo PLC (NYSE: DEO) stock gave a return of over 19% in the past 12 months. Molson Coors Beverage Company (NYSE: TAP) net sales surged over 14% in Q4, FY21. .....
Home Depot (HD) raises dividend, sees positive growth after Q4 results
February 22, 2022 07:17 AM PST| By Versha JainHighlights Home Depot, Inc. (NYSE: HD) reported net sales growth of 10.7% to US$35.7 billion for the fourth quarter ended January 30, 2022. Its earnings per share diluted increased by 21.2% to US$3.21 compared to US$2.65 per share diluted i.....
Walmart (WMT) stock up after beating Q4 expectations, raises guidance
February 17, 2022 09:30 AM PST| By Versha JainWalmart Inc. (NYSE: WMT) declared its fourth-quarter and fiscal 2022 results, beating analysts’ expectations for profit and sales, on Thursday. The stock rose 2.63% to US$137.04 in the premarket after the results. Fourth quarter earn.....
Kraft Heinz (KHC) stock up after guidance, dividend announcement
February 16, 2022 10:18 AM PST| By Rupam RoyHighlights Kraft Heinz (KHC) reported revenue of US$6.70 billion in Q4, FY21. Its net income was US$1.01 billion in fiscal 2021. It expects its organic sales to increase by a low-single-digit percentage in FY2022. Kraft Heinz Company (KHC.....
What gives Airbnb (ABNB) edge over rivals? Sees robust Q1 growth
February 16, 2022 09:35 AM PST| By Versha JainHighlights Airbnb’s fiscal 2021 revenue soared 77% YoY to US$5.99 billion. Its gross booking value (GBV) increased by 96% YoY to US$46.9 billion in FY2021. Airbnb’s gross booking value (GBV) rose by 91% YoY to US$11.3 billi.....
Explore these top gaming stocks – from RBLX to AMC
February 16, 2022 01:30 AM PST| By Versha JainThe pandemic has come as a blessing in disguise for the gaming and entertainment industry. It grew leaps and bounds as demand soared amid covid restrictions, with people having more time to spare on online games and entertainment avenues. Moreover,.....
Marriott (MAR) stock soars 5% after posting US$468 million profit
February 15, 2022 10:07 AM PST| By Rupam RoyHighlights Marriott International reported strong fourth-quarter earnings despite Omicron surge. Its revenue more than doubled in the quarter. The Marriott MAR stock returned more than 31% gains in the past 12 months. Hotel chain Marriott.....
From AMZN to DLTR: Will these stocks bring cheer to subdued market?
February 14, 2022 04:41 PM PST| By Rupam RoyConsumers typically spend more on gifts, food, and apparel around Valentine's Day, observed on February 14. But will Valentine's Day spirit linger on in the market this week? This year, the US market saw a sharp decline amid a slew of concerns, fr.....
MGM to PENN: Top betting stocks to watch ahead of Super Bowl
February 11, 2022 03:33 PM PST| By Rupam RoyThe betting stocks are gaining traction ahead of the Super Bowl match between Cincinnati Bengals and Los Angeles Rams on Sunday. Celebrities like Canadian rapper Drake are betting on their favorites in Sunday's super-charged event in Los Angeles&rs.....
Disney (DIS) stock surges 6% after dwarfing Netflix (NFLX) subscription
February 10, 2022 12:31 PM PST| By Versha JainHighlights Walt Disney’s (NYSE: DIS) revenue rose 34% YoY to US$21.8 billion in Q1, FY2022. Its diluted EPS attributable to Disney rose to US$0.60 from US$0.01 a year ago. Its total subscriptions across its streaming portfolio increased .....