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Top consumer stocks that shined in 2021
December 12, 2021 02:18 PM PST| By Versha JainHighlights Lowe's Companies, Inc. (NYSE: LOW) has a P/E ratio of 22.5. Its stock closed at US$258.15 on Dec 9, 2021. The stock gained 61.42% YTD. Houghton Mifflin Harcourt Company (NASDAQ: HMHC) provides an integrated solution to engage learner.....
Will these five travel stocks weather the Covid-19 threat in 2022?
December 08, 2021 12:51 PM PST| By Rupam RoyHighlights Marriott International (NASDAQ: MAR) logged revenue of US$3.94 billion in Q3, FY21. American Airlines Group Inc. (NASDAQ: AAL) CEO Doug Parker will retire in March 2022. The revenue of Expedia Group, Inc. (NASDAQ: EXPE) jumped 97% Y.....
Why did Del Taco (TACO) stock skyrocket 65% today?
December 06, 2021 12:34 PM PST| By Rupam RoyHighlights Del Taco Restaurants, Inc. (TACO) has entered into a definitive agreement to get acquired by Jack in The Box (JACK) for around US$575 million. Jack Inc would pay US$12.51 in cash for each share of Del Taco. Jack In The Box CEO Darin.....
Why iFresh (IFMK) is getting delisted from Nasdaq?
November 22, 2021 02:44 PM PST| By Rupam RoyHighlights iFresh, Inc. (IFMK) announced that it would be delisted from the Nasdaq stock exchange, effective on November 23, 2021. The Nasdaq Hearing Panel has rejected iFresh's appeal against the September decision to delist its common stocks......
KC Holdco IPO: KLC stock to debut in NYSE today, what we know so far
November 18, 2021 07:19 AM PST| By Versha JainHighlights KC Holdco, LLC. will make its stock market debut on NYSE Thursday under the ticker ‘KLC’. It has set the IPO price range between US$18.00 and US$21.00. The early childhood education (ECE) provider is offering 25.....
Peloton stock (PTON) gets a lift after 23.9 mn share sale offer
November 16, 2021 04:38 PM PST| By Sanjeeb BaruahHighlights Peloton said it plans to sell around 23.9 million shares of its Class A common stock for US$46 per share, which will fetch about US$1.07 billion. Tuesday’s price rise was Peloton’s biggest one-day gain since May 2020, sa.....
Looking for REITs? here’re five stocks that gave over 75% YTD return
November 12, 2021 11:12 AM PST| By Versha JainDemand for houses, the work-from-home culture, and limited supplies drove the US property prices to record highs in recent months. The median sales price of existing single-family homes rose by 16% YoY in 182 of 183 metro areas surveyed by the Nati.....
Too hot or warming up? Nine consumer stocks with over 100% YTD return
November 09, 2021 01:09 PM PST| By Team Kalkine MediaHighlights Consumers’ income and spending expectations for the next 12 months increased in November, a survey of the New York Federal Reserve showed. The expectations rose to their highest level in eight years, Reuters reported. The Dow .....
Gaotu (GOTU) stock on investors’ radar – is it worth exploring?
November 08, 2021 10:01 AM PST| By Ipsita SarkarHighlights Several law firms are probing claims on behalf of Gaotu Techedu Inc. (NYSE: GOTU) investors concerning whether Goldman Sachs and Morgan Stanley have committed securities fraud. GOTU's net revenue surged 35.3% YoY in Q2, FY21. The st.....
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Why are Penn National (PENN), Peloton Interactive (PTON) stocks diving?
November 05, 2021 08:45 AM PDT| By Team Kalkine MediaHighlights Penn National Gaming, Inc. is down after weak results and also possibly because of its engagement with Barstool Sports, whose founder Dave Portnoy is facing sex allegations. Peloton Interactive posted a 6% increase in revenue for.....
Seven HR stocks to explore amid tight labor market
October 29, 2021 01:56 PM PDT| By Ipsita SarkarHighlights Insperity, Inc. (NYSE: NSP) has a dividend yield of 1.46%. Its stock rose 51.54% YTD. Automatic Data Processing, Inc. (NASDAQ: ADP) has a dividend yield of 1.68%. The stock grew by 27.35% YTD. Equifax, Inc. (NYSE: EFX) stock generat.....
Yum! (YUM) beats profit estimates, Hershey (HSY) raises guidance
October 28, 2021 12:18 PM PDT| By Sanjeeb BaruahHighlights Yum! Brands’ (NYSE: YUM) system sales grew 8%, excluding foreign currency translation. CEO David Gibbs said the purchase of Dragontail and its AI-powered kitchen orders strengthened Yum! Brands’ digital capabilities and .....
Sony Corp (SONY) posts net income of US$1.94 bn in Q2
October 28, 2021 07:55 AM PDT| By Sanjeeb BaruahHighlights Sony Corp’s (NYSE: SONY) total revenue was US$21.52 billion in the quarter. The Tokyo-based company has increased its full-year operating revenue outlook by 6% to 1 trillion yen (US$8.81 billion) from its August forecast. CF.....
Travel stocks to watch as the US lifts restrictions
October 27, 2021 04:55 PM PDT| By Ipsita SarkarThe travel industry is upbeat after President Joe Biden lifted the previous covid restrictions on foreign travelers from nearly three dozen countries, including China and India, effective Nov 8. The travel companies were among the hardest hit in t.....
Boston Beer (SAM) & Chipotle Mexican Grill (CMG) see Q3 revenue gains
October 22, 2021 08:27 AM PDT| By Team Kalkine MediaHighlights Boston Beer Company, Inc. (SAM) posted net revenue of US$561.6 million for the third quarter of 2021, a 14% increase YoY. The revenue of Chipotle Mexican Grill, Inc. (CMG) was US$2 billion for Q3, 2021 and its total restaurant count .....
Netflix (NFLX) beats estimates in Q3, adds record subscribers
October 19, 2021 06:01 PM PDT| By Sanjeeb BaruahHighlights Netflix’s subscribers grew by 4.4 million in the quarter against an estimated 3.84 million. Netflix’s revenue jumped 16% YoY to US$7.5 billion in the third quarter of 2021. Exuding confidence over the results, Netflix co.....
Top chocolate and bakery stocks to explore for a sweet tooth
October 19, 2021 02:32 PM PDT| By Ipsita SarkarHighlights The advance estimates of US retail and food services sales for September 2021 were US$625.4 billion, a 13.9% increase from September 2020. The Hershey Company’s (NYSE: HSY) dividend yield is 2.01%; the stock rose 17.93% YTD. .....
Top travel stocks to explore this holiday season
October 19, 2021 01:28 PM PDT| By Ipsita SarkarHighlights Southwest Airlines Company (NYSE: LUV) plans to cut its carbon emissions by 20% through 2030. Marriott International (NASDAQ: MAR) is expected to report its Q3 FY21 results on November 3. Booking Holdings Inc. (NASDAQ: BKNG) will re.....
Domino's Pizza (DPZ) profit jumps 21.5% in Q3 on strong global sales
October 14, 2021 11:10 AM PDT| By Sanjeeb BaruahWorld's largest pizza company Domino's Pizza, Inc. (NYSE: DPZ) on Thursday reported a third-quarter net income of US$21.3 million, or a 21.5% YoY jump, helped by solid global retail sales. Announcing the results, Domino's Pizza CEO Ritch Allison s.....
Five hotel & resort stocks to explore as festive season nears
October 13, 2021 01:47 PM PDT| By Ipsita SarkarHighlights Dow Jones US Hotels Total Stock Market Index (DWCHTL) grew 7% in September and 25.26% year-to-date. Bluegreen Vacations Holding Corporation (NYSE: BVH) stock skyrocketed by 81% YTD. Expedia Group, Inc. (EXPE) stock gained 26.7.....
