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Consumer
Is MTY Food Group (TSX:MTY) a stock to buy and hold?
October 13, 2021 10:55 AM EDT| By Team Kalkine MediaThe Canadian consumer stocks are expected to perform well in the last quarter of this year as economic activity will likely pick up amid increased vaccinations. Bouncing back from the third wave of the COVID-19 pandemic, the S&P/TSX Capped Cons.....
Richelieu (TSX:RCH) stock soars as sales grow 20% YoY in Q3. Buy alert?
October 07, 2021 01:27 PM EDT| By Team Kalkine MediaHighlights Richelieu Hardware Ltd recorded a 20 per cent (C$ 62.1 million) year-over-year (YoY) sales growth which totaled C$ 373.3 million in Q3 2021. After closing at C$ 41.36 on Wednesday, the RCH stock was trading at a value of C$ 43.08 on .....
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World Tourism Day 2021: 5 best Canadian travel stocks to buy
September 27, 2021 08:22 AM EDT| By Shreya BiswasMany industry experts believe that tourism fosters growth, harmonizes international communities and different sensibilities of different walks of life. The travel and tourism sector boosts economic prosperity and showcases a country’s culture.....
Can ChargePoint (CHPT) stock power your portfolio as EV space blooms?
September 20, 2021 06:47 AM EDT| By Shreya BiswasHighlights ChargePoint Holdings Inc (NYSE:CHPT, CHPT:US) stock surged by nearly three per cent on Friday, September 17. ChargePoint’s revenue catapulted by 61 per cent year-over-year (YoY) to US$ 56.1 million in Q2 FY22. With the US and .....
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Is Air Transat (TSX:TRZ) a good travel stock to buy on the dip?
September 16, 2021 11:50 AM EDT| By Raza NaqviHighlights The Air Transat stock (Transat A.T.) caught the attention of retail investors in Canada and jumped at market open. The Air Transat stock could be gaining momentum because it is resuming flight operations to Manchester, UK, sooner tha.....
5 best Canadian restaurant stocks to buy
September 13, 2021 12:26 PM EDT| By Shreya BiswasThe S&P/TSX Capped Consumer Discretionary Index posted a Year-to-date (YTD) return of 14.82 per cent, and the S&P/TSX Capped Consumer Staples Index posted a YTD return of 16.9 per cent. In contrast, one of these restaurant stocks posted a Y.....
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Lululemon (LULU) expects net revenue to hit $6.2B in 2021. Buy alert?
September 09, 2021 05:04 AM EDT| By Shreya BiswasLululemon Athletica Inc (NASDAQ:LULU, LULU:US) appears to be attracting investor attention in the wake of its latest earnings report. The Canadian athletic wear maker said on Wednesday, September 8, that it expects to rake in a net revenue in the .....
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BRP (TSX:DOO) stock soars after Q2 results. Buy alert?
September 02, 2021 11:18 AM EDT| By Raza NaqviHighlights Headquartered in Valcourt, BRP is engaged in the development and distribution of snowmobiles. In the second quarter of fiscal 2022, BRP reported a net income of C$ 212.9 million. BRP had a network of 3,500 independent dealers and 19.....
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Alimentation Couche-Tard (ATD.B) rises ahead of Q1 results. Buy alert?
August 31, 2021 10:52 AM EDT| By Raza NaqviHighlights Alimentation Couche-Tard manages a network of convenience stores across North America, Russia, and Ireland among other countries. Ahead of the earnings report for the first quarter of fiscal year 2022, Alimentation Couche-Tard is gai.....
How Axie Infinity is letting gamers earn cryptocurrency rewards
August 27, 2021 08:20 AM EDT| By Ankit SethiCan an individual become a cryptocurrency trader by playing a game? The world of cryptos is strange. It may be rife with speculative trading, but what’s the harm if someone can make a few bucks? One of the platforms capturing the imagination.....
Canada Goose sales rise in Q1. Is GOOS stock a buy?
August 12, 2021 07:59 AM EDT| By Raza NaqviStocks of winter clothing retailer Canada Goose (TSX:GOOS) declined by 13 per cent on Wednesday, August 11, after the company announced its first quarter fiscal 2022 results. GOOS stock went on to close the day at C$ 48.38. The premium apparel br.....
Metro posts profit of $252M in Q3. MRU stocks worth a buy?
August 11, 2021 12:09 PM EDT| By Raza NaqviSummary Metro Inc reported its financial results for the third quarter of fiscal 2021 on Wednesday, August 11. MRU shares have returned nine per cent year-to-date (YTD). Its dividend is set to remain unchanged. Metro Inc. (TSX:MRU) report.....
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2 Canadian plant-based stocks to buy in 2021
August 11, 2021 07:54 AM EDT| By Raza NaqviIn the past few years, investors have been opting for socially conscious investment options amid an increased focus on sustainability. As a result, many emerging companies have developed innovative technologies to develop plant-based products. Som.....
6 travel stocks to pick as vaccine passports become inevitable
August 06, 2021 01:59 PM EDT| By AnujImplementation of covid vaccine passports look inevitable for travellers across the world. From the United States to the United Kingdom, many countries have already enforced it or a planning to kickstart. Canada’s Quebec province, too, is pois...
One high growth potential Canadian stock under $10
August 06, 2021 06:45 AM EDT| By Raza NaqviSummary The Toronto Stock Exchange has a few great options to offer stocks under C$ 10. Goodfood recently posted incredible quarterly results, and this could be a smart option for long-term benefits. Goodfood (TSX:FOOD) provides meal kit solut.....
Canadian Tire (CTC) & Dollarama (DOL): 2 dividend-paying stocks to buy
July 30, 2021 12:37 PM EDT| By Shreya BiswasSummary The consumer goods industry, after a temporary halt at the outbreak of the pandemic, are adapting to the new normal These two companies have a good dividend history Read to know more The consumer goods comprise products like perso.....
Is Tesla’s bitcoin revelation impacting crypto prices?
July 30, 2021 12:31 PM EDT| By Ankit SethiSummary Tesla has stunned everyone with over one billion dollar net income in Q2 2021 The electric car maker delivered more than 200,000 vehicles in the quarter In earnings report, Tesla mentions US$23 million impairment on account of bitcoin .....
Lucid Motors (LCID) set to merge with Churchill Capital: Buy call?
July 22, 2021 11:03 AM EDT| By Raza NaqviSummary CCIV shareholders will vote on July 22 to decide whether Lucid Motors should merge with Churchill Capital. Lucid Motors will likely merge with the blank-check company, and its stock will trade on the NYSE. Investors have been waiting f.....
5 auto stocks to buy before July ends
July 20, 2021 02:27 PM EDT| By Ipsita SarkarSummary The Canadian auto industry is said to contribute about C$ 19 billion to the country’s gross domestic product (GDP), as per the government’s website. It is also said to directly employ over 125,000 people. As Canada becomes .....
Eid al-Adha 2021: 2 food stocks to buy to celebrate the day
July 20, 2021 09:26 AM EDT| By Raza NaqviSummary Eid al-Adha will be celebrated in Canada on Tuesday, July 20. PM Trudeau has advised people to follow public health guidelines amid celebrations. Investing in food stocks might be an option as restaurants are expected to do well .....
