Canadian Tire Corporation Ltd. (A) (CTC.A-T) Stock Predictions - Stockchase
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Canadian Tire Corporation Ltd. (A) (CTC.A-T)

ON STOCKCHASE SINCE Apr 2005

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Canadian Tire Corporation... Canadian Tire Corporation Ltd. (A)
CTC.A-T

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Canadian Tire Corporation Ltd. (A) (CTC.A-T) SAVE

165.64

3.05 (1.88%)

Aug, 17, 2018, 12:00 am

OPINIONS

About Canadian Tire Corporation Ltd. (A) (CTC.A-T)

Canadian Tire Corporation, Limited is a Canadian retail company which sells a wide range of automotive, hardware, sports and leisure, and home products. Some stores also sell toys and food products. More at Wikipedia

What the experts are saying about CTC.A-T



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He has not been a fan of the Canadian consumer space. The consumer space is problematic. If saw more of a pull back in the economy, trade and jobs, Canadian Tire might be interesting.

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He has not been a fan of the Canadian consumer space. The consumer space is problematic. If saw more of a pull back in the economy, trade and jobs, Canadian Tire might be interesting.

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Andrew Pyle

Senior wea, The Pyle Group, Scot...

Price Price
$165.640
Owned Owned
No

HOLD

He does not own any Canadian retailers.  He thinks it is actually one of Canada’s better retailers.  The multiple is not particularly cheap and he personally favours purchasing on Amazon instead.  He would continue to hold if you own it.  

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He does not own any Canadian retailers.  He thinks it is actually one of Canada’s better retailers.  The multiple is not particularly cheap and he personally favours purchasing on Amazon instead.  He would continue to hold if you own it.  

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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$162.590
Owned Owned
No

DON'T BUY

This has been a big beneficiary of the rise of do-it-yourself consumers, like the big hardware stores. But at some point, the consumer gets tapped out. As interest rates move up and it is harder for people to service their mortgage, they will be less able to improve their houses. Canadian Tire has also made acquisitions of new products over the past year and it is unclear how those will work out. It’s a great name and a great company but its valuation is too high and its market might shrink soon.

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This has been a big beneficiary of the rise of do-it-yourself consumers, like the big hardware stores. But at some point, the consumer gets tapped out. As interest rates move up and it is harder for people to service their mortgage, they will be less able to improve their houses. Canadian Tire has also made acquisitions of new products over the past year and it is unclear how those will work out. It’s a great name and a great company but its valuation is too high and its market might shrink soon.

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Norman Levine

Managing D, Portfolio Management...

Price Price
$164.650
Owned Owned
No

COMMENT

Dollarama vs Canadian Tire. He used to own Dollarama (DOL-T) and believes the growth will flatten out.  He owns Canadian Tire (CTC.A-T) and the recent earnings surprise is not too worrisome to him.  He thinks the CTC.A-T model to roll out directly to in-home sales will take time and does not believe the stock will go down much lower from here.  Overall, he thinks it is a better valuation than DOL-T.  

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Dollarama vs Canadian Tire. He used to own Dollarama (DOL-T) and believes the growth will flatten out.  He owns Canadian Tire (CTC.A-T) and the recent earnings surprise is not too worrisome to him.  He thinks the CTC.A-T model to roll out directly to in-home sales will take time and does not believe the stock will go down much lower from here.  Overall, he thinks it is a better valuation than DOL-T.  

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Mike Archibald

Associate , AGF Investments...

Price Price
$166.100
Owned Owned
Unknown

HOLD

It is a household name.  It has had a good run over the last 5 to 8 years.  Is it AMZN-Q proof?  Some areas but not all areas of the business are.  It has held in well compared to other retail names.  A slight miss on earnings due to weather.  it is not an area where he wants to go in Canada.  If it kept moving down it could become more attractive.  You will never get too beat up on it.  They are rolling out a new rewards program and updating some of their stores.

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It is a household name.  It has had a good run over the last 5 to 8 years.  Is it AMZN-Q proof?  Some areas but not all areas of the business are.  It has held in well compared to other retail names.  A slight miss on earnings due to weather.  it is not an area where he wants to go in Canada.  If it kept moving down it could become more attractive.  You will never get too beat up on it.  They are rolling out a new rewards program and updating some of their stores.

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Cole Kachur

Senior Wea, ScotiaWealth Managem...

Price Price
$168.080
Owned Owned
No

DON'T BUY

This has been a decent performer.  They are a domestic retailer.  Mark’s Work Warehouse has worked well for them.  Canadian retail is pretty competitive so she is not compelled to buy this one.

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This has been a decent performer.  They are a domestic retailer.  Mark’s Work Warehouse has worked well for them.  Canadian retail is pretty competitive so she is not compelled to buy this one.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$182.400
Owned Owned
No

DON'T BUY

This has been a decent performer.  They are a domestic retailer.  Mark’s Work Warehouse has worked well for them.  Canadian retail is pretty competitive so she is not compelled to buy this one.

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This has been a decent performer.  They are a domestic retailer.  Mark’s Work Warehouse has worked well for them.  Canadian retail is pretty competitive so she is not compelled to buy this one.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$182.400
Owned Owned
No

PAST TOP PICK

(A Top Pick May 03'17, Up 9%)  It does not get talked about as much as it should.  Strong balance sheet.  The acquisition caused a bit of a pull back and created a buying opportunity.  He is continuing to buy it for new clients.  There is lots of upside potential from here.

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(A Top Pick May 03'17, Up 9%)  It does not get talked about as much as it should.  Strong balance sheet.  The acquisition caused a bit of a pull back and created a buying opportunity.  He is continuing to buy it for new clients.  There is lots of upside potential from here.

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Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$176.820
Owned Owned
Yes

COMMENT

Comparing Canadian Tire (CTC/A-T) and Dollarama (DOL-T). He sees Dollarama as the one you throw in a box and look at it 3 years later. The stock is expensive, but it continues to show 11% sales growth and 12% earnings growth. They have more room to grow in Canada and their international division provides further significant growth opportunity. Over a long-term time frame, he expects Dollarama to do quite well.

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Comparing Canadian Tire (CTC/A-T) and Dollarama (DOL-T). He sees Dollarama as the one you throw in a box and look at it 3 years later. The stock is expensive, but it continues to show 11% sales growth and 12% earnings growth. They have more room to grow in Canada and their international division provides further significant growth opportunity. Over a long-term time frame, he expects Dollarama to do quite well.

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Robert McWhirte

President, Selective Asset Mana...

Price Price
$176.610
Owned Owned
Unknown

DON'T BUY

CP-T vs. CTC.A-T.  CP-T is not as cheap as it used to be.  The rails in general are benefiting from a strong North American economy.  They have pricing power.  It is a great business.  CTC.A-T is basically only exposed to a Canadian consumer.  He would be cautious on this one.

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CP-T vs. CTC.A-T.  CP-T is not as cheap as it used to be.  The rails in general are benefiting from a strong North American economy.  They have pricing power.  It is a great business.  CTC.A-T is basically only exposed to a Canadian consumer.  He would be cautious on this one.

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Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$176.740
Owned Owned
No

BUY

It used to be single digital returns but former management has made it 17% recently.  It is trading below its 5 year PE multiple.  He is pretty comfortable owning this one.

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It used to be single digital returns but former management has made it 17% recently.  It is trading below its 5 year PE multiple.  He is pretty comfortable owning this one.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$172.340
Owned Owned
Yes

BUY

A name that you don’t want to be negative on. Keeps on going. It is trading at 15.6 times earnings. Growth of 10%. A fine name. Going to do OK.

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A name that you don’t want to be negative on. Keeps on going. It is trading at 15.6 times earnings. Growth of 10%. A fine name. Going to do OK.

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$173.390
Owned Owned
No

BUY

This has a unique position in Canadian industry. They are retail and financial services. This is a tough space but they seem to be weathering the storm. It’s well managed.

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This has a unique position in Canadian industry. They are retail and financial services. This is a tough space but they seem to be weathering the storm. It’s well managed.

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Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$166.070
Owned Owned
No

TOP PICK

They want to make an acquisition that perturbs the market.  It is a big price tag.  It is a 20 times purchase price.  You have to give them credit for being able to execute.  They have done a lot of good acquisitions since 2016.  He feels this pull back is a great buying opportunity.  (Analysts’ target: $186.64).

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They want to make an acquisition that perturbs the market.  It is a big price tag.  It is a 20 times purchase price.  You have to give them credit for being able to execute.  They have done a lot of good acquisitions since 2016.  He feels this pull back is a great buying opportunity.  (Analysts’ target: $186.64).

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Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$167.480
Owned Owned
Yes

HOLD

Had there been 4 top picks this would have been the fourth. He really likes it. They bought Conoco assets last year. The street didn’t like the deal and lost confidence in Management. They have new Management now with a new CEO that is on the path of right-sizing the company and its balance sheet. It is looking really well now, particularly if we go to a 80 – 90 dollars barrel of oil. 

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Had there been 4 top picks this would have been the fourth. He really likes it. They bought Conoco assets last year. The street didn’t like the deal and lost confidence in Management. They have new Management now with a new CEO that is on the path of right-sizing the company and its balance sheet. It is looking really well now, particularly if we go to a 80 – 90 dollars barrel of oil. 

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Bryden Teich

Portfolio , Avenue Investment Ma...

Price Price
$162.470
Owned Owned
No

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