Consumer

Betting stocks in focus ahead of Sunday’s Super Bowl match

February 09, 2022 11:55 AM PST| By Rupam Roy

Highlights Around 31 million Americans may place bets on Sunday’s Super Bowl match. The total betting amount on the final game of the NFL is likely to cross US$7 billion. DraftKings Inc. (NASDAQ: DKNG) will report its fourth quarter and .....

Top consumer staple stocks of S&P 500 to explore

February 08, 2022 01:36 PM PST| By Versha Jain

Highlights Procter & Gamble (NYSE: PG) has a dividend yield of 2.15% and a P/E ratio of 28.32. PepsiCo’s (NASDAQ: PEP) P/E ratio is 29.27, the dividend yield is 2.49%, with an annualized dividend of US$4.30. Philip Morr.....

Top S&P 500 consumer discretionary stocks to explore

February 07, 2022 12:54 PM PST| By Rupam Roy

Highlights Amazon.com, Inc (NASDAQ: AMZN) net sales increased by 9% YoY in Q4, FY21. Home Depot, Inc. (NYSE: HD) stock returned over 30% gains in the past 12 months. Lowe's Companies, Inc. (NYSE: LOW) expects sales to be between US$94 billion .....

Sony Group’s (SNEJF) booming movie business lifts quarterly results

February 02, 2022 05:22 PM PST| By Sanjeeb Baruah

Highlights The "Spider-Man: No Way Home" became the sixth-highest grossing movie in 2021, netting more than US$1.7 billion worldwide despite the spread of the Omicron variant. Sony expects the full-year profit to be 1.2 trillion yen, up...

Cedar Fair (FUN) stock rallies after SeaWorld’s (SEAS) purchase offer

February 01, 2022 02:33 PM PST| By Rupam Roy

Highlights SeaWorld is offering US$3.4 billion for Cedar Fair. Based in Sandusky, Ohio, Cedar Fair runs amusement and water parks. The Cedar Fair (FUN) stock returned over 18% gains in the past 12 months. The stocks of Cedar Fair,.....

Two food stocks to explore in February

January 28, 2022 11:25 AM PST| By Versha Jain

Highlights The food companies are a part of the consumer staples segment. Albertsons Companies, Inc. (NYSE: ACI)operated 2,278 food and drug stores as of December 4, 2021. Kroger Company (NYSE: KR)had around 2,742 supermarkets across the US in.....

Why Blue Star Foods (BSFC) stock skyrocketed 429% today?

January 21, 2022 06:50 AM PST| By Versha Jain

Highlights Blue Star Foods Corp. (NASDAQ: BSFC) is an international seafood company. The consumer staple company launched its IPO in February 2020. Its adoption of Recirculating Aquaculture System technology could pot.....

Why is Albertsons Companies’ (ACI) stock gaining attention?

January 11, 2022 08:16 AM PST| By Rupam Roy

Highlights Albertsons Companies Inc.'s Board of Directors declared a cash dividend of US$0.12 per share for Q4, FY21 Its net sales and other revenue rose over 8% YoY in Q3, FY21 It expects its adjusted net income to be between US$2.90 and US$2.....

Five alcohol stocks to explore when market gets choppy

January 09, 2022 12:02 AM PST| By Versha Jain

Highlights MGP Ingredients, Inc. (NASDAQ: MGPI) has a P/E ratio of 12.27, and a dividend yield of 8.46%. Lvmh Moet Hennessy Vuitton SE ADR (OTC: LVMUY) has a P/E ratio of 38.54, and a dividend yield of 1.00%. Molson Coors Beverage Comp.....

Will these travel stocks beat the covid impact in 2022?

January 08, 2022 01:43 PM PST| By Rupam Roy

Highlights Booking Holdings Inc. (NASDAQ: BKNG) revenue surged over 77% YoY in Q3, FY21. Marriott International (NASDAQ: MAR) revenue rose around 75% YoY in Q3, FY21. Expedia Group, Inc. (NASDAQ: EXPE) revenue for Q3 of FY 2021 increased by 97.....

Top fake meat stocks to keep an eye on in 2022

January 04, 2022 11:31 AM PST| By Versha Jain

Highlights Beyond Meat, Inc. (NASDAQ: BYND) had around 128,000 retail and foodservice outlets in over 85 countries as of Sept 2021. Tyson Foods, Inc. (NYSE: TSN) has a dividend yield of 2.11% and annualized dividend of US$1.84. Kello.....

HT&E (ASX:HT1) completes acquisition of Grant Broadcasters

January 04, 2022 12:07 AM PST| By Priyanka Payal

Highlights HT&E Limited completes the acquisition of Grant Broadcasters for a consideration of AU$307.5 million. The Company has acquired the entity via its fully owned subsidiary, Australian Radio Network Pty Ltd (ARN). The acquisition ha.....

Victoria's Secret (VSCO) stock rallies after share buyback plan

December 29, 2021 11:19 AM PST| By Rupam Roy

Highlights Victoria's Secret (VSCO) announced a share buyback plan on Wednesday. The company entered into an accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC. The firm reiterated its sales and earnings guidance for.....

22nd Century gets FDA nod to promote low-nicotine cigarettes

December 26, 2021 12:39 AM PST| By Rupam Roy

Highlights FDA has authorized 22nd Century to market its cigarettes as low in nicotine. The stock jumped over 38% after the announcement. The 22nd Century stock gave gained over 41% YTD. Shares of 22nd Century Group, Inc. (NASDAQ: XXII) w.....

Two vacation stocks to explore in Christmas

December 25, 2021 12:10 AM PST| By Rupam Roy

The travel and tourism stocks have been catching attention despite uncertainties over the coronavirus pandemic. The relative ease in restrictions as compared to the first six months has raised expectations in the travel sector. According to the US.....