Helping you make wiser investment decisions

General

Sports and entertainment stocks are due for a rally—what’s your play?

Sports and entertainment are back Thanks to the cord-cutter trend that’s taken off in recent years, people have drifted away from cable TV and towards streaming services like Apple, Netflix and Amazon Prime. While it’s nice to be able to watch your favourite show on demand and commercial-free, one area where these services fall short […]

Boyd Group Q3 Profit Drops Sharply; Shares Plunge

Shares of Boyd Group Services (BYD) tumbled on Wednesday after the company reported its third-quarter results. The operator of non-franchised collision repair centers posted a significant drop in profit due to personnel and supply chain issues. (See Insiders’ Hot Stocks on TipRanks) Sales & Earnings Sales came in at $490.2 million in the third quarter, an increase […]

CGI Q4 Profit Rises Sharply

CGI Group (GIB.A), one of the world’s largest IT and business consulting firms, posted a 37.3% rise in profit in its fourth quarter as revenue edged higher. (See Insiders’ Hot Stocks on TipRanks) Revenue & Earnings Revenue came in at C$3.01 billion in the three months ended September 30, an increase of 2.8% from C$2.93 billion in […]

Understanding mortgage affordability calculators – MoneySense

We know that home affordability is getting further out of reach for a lot of Canadians. But, what affects mortgage affordability? How is it calculated by financial institutions and lenders? And what are the hidden costs that should be factored into actual mortgage affordability for potential home buyers? “When you put your numbers into a […]

Are energy stocks a good buy right now?

Accordingly, earlier in the year I took a modest flyer on Nuttall’s NinePoint Energy ETF (NNRG/Neo exchange). His focus is Canadian mid-cap energy stocks, although there is a small 7.8% weighting to US energy stocks. The top 10 holdings list includes household names like Suncor and Cenovus, but also less familiar—to me anyway—names like Hardwater […]

Nio Posts Excellent Q3 Results, Offers Q4 Guidance

China-based EV maker Nio (NIO) reported excellent financial results for the third quarter of 2021 after the market closed on Tuesday. Based out of Shanghai, Nio designs, manufactures and sells smart and connected EVs in China, Hong Kong, the U.S., the U.K., and Germany. (See Insiders’ Hot Stocks on TipRanks) Earnings and Revenues The company recorded a […]

General Electric to Break into Three Public Companies; Share Gain 7%

Multinational conglomerate General Electric Co. (GE) plans to break into three public companies focused on aviation, healthcare and energy segments. Following the announcement, shares of the company jumped 7% on Tuesday. The stock rose another 0.7% in the extended trading session to end the day at $112.10. The Boston-based company provides technologies and solutions to […]

McAfee Posts Upbeat Q3 Results, Revenues Rise 24%

Cybersecurity company McAfee Corp. (MCFE) has reported better-than-expected financial results for the third quarter ended September 25 on the back of increased consumer adoption of digital services. Based out of California, McAfee offers integrated security, privacy and trust solutions to protect consumers, enterprises and governments from cyberattacks. (See Insiders’ Hot Stocks on TipRanks) Q3 Results Adjusted earnings […]

What supply chain issues mean for holiday shopping this year

Supply chain problems—including factory shutdowns, labour shortages and transportation bottlenecks—that started in the early months of the global pandemic persist with no end in sight. The result: Massive shortfalls of everything from bicycles and boats to microchips and running shoes. At the same time, the pandemic has changed consumer behaviour. We’re an instant society now—Amazon […]

How much does grocery delivery cost?

How much does food delivery cost in Canada? I’ve read that in the U.S. the premium for convenience is about 25%. “In terms of costs, it’s hard to put a percentage like that for groceries. It really depends on the size of the order. If you’re looking at a 55-item order, it’s not 25%; it’s […]

Understanding AMC Entertainment’s Newly Added Risk Factor

AMC Entertainment (AMC) operates a portfolio of movie theatres in the U.S. and international markets. Its global network comprises about 950 theatres and 10,600 screens. The company has plans to expand into the popcorn business in 2022. With this in mind, let’s take a look at the company’s financials and understand what has changed in […]

BioNTech Delivers Upbeat Q3 Results; Issues Guidance

BioNTech (BNTX) delivered upbeat Q3 2021 results driven by a rapid increase in the supply and sales of the COVID-19 vaccine. The company also had a strong quarter in its oncology pipeline as it leveraged multiple therapeutic platforms. Based in Germany, BioNTech develops and manufactures next-generation therapies for cancer, allergies, and autoimmune disorders. Its portfolio […]