Canadian Tire Corporation Ltd. (A) (CTC.A-T) Stock Predictions - Stockchase
WATCH LIST
262
Canadian Tire Corporation Ltd. (A) (CTC.A-T)

ON STOCKCHASE SINCE Apr 2005

specialty stores

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

72 262
specialty stores

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

147.78

1.36 (0.91%)

Oct, 19, 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



  • All
  • Filtered
Signal Opinion Expert
SELL

Performed well, but has gone sideways. Fantastic locations have let them do well in the past. Amazon is a problem. Competition is going to get tougher. Take profits and put the money elsewhere where there’s potential for growth, not in retail.

specialty stores

Performed well, but has gone sideways. Fantastic locations have let them do well in the past. Amazon is a problem. Competition is going to get tougher. Take profits and put the money elsewhere where there’s potential for growth, not in retail.

specialty stores
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$151.410
Owned Owned
Unknown

DON'T BUY

They had good quarters until last quarter which was disappointing. They have a large financial subsidiary. Not a good place to be if the yield curve is inverting. Not her favorite name.

specialty stores

They had good quarters until last quarter which was disappointing. They have a large financial subsidiary. Not a good place to be if the yield curve is inverting. Not her favorite name.

specialty stores
Veronika Hirsch

Chief Inve, Arrow Capital...

Price Price
$155.440
Owned Owned
No

DON'T BUY

It is not vulnerable to the WMT-Ns or AMZN-Qs of the world.  The multiple has always been reasonable.  However they announced a big acquisition in the fashion industry.  They paid a hefty price.  This diversification strategy might divert them quite a bit so he does not hold it.

specialty stores

It is not vulnerable to the WMT-Ns or AMZN-Qs of the world.  The multiple has always been reasonable.  However they announced a big acquisition in the fashion industry.  They paid a hefty price.  This diversification strategy might divert them quite a bit so he does not hold it.

specialty stores
Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$153.250
Owned Owned
No

DON'T BUY

He thinks the fact that they spent a billion dollars on the acquisition of a ski wear brand was a sign of desperation. How do you compete against Amazon (AMZN-Q)? The next 10 years won’t look like the past ten years for this company. 

specialty stores

He thinks the fact that they spent a billion dollars on the acquisition of a ski wear brand was a sign of desperation. How do you compete against Amazon (AMZN-Q)? The next 10 years won’t look like the past ten years for this company. 

specialty stores
Barry Schwartz

CIO & Port, Baskin Wealth Manage...

Price Price
$157.460
Owned Owned
No

HOLD

This is the voting stock. It is more thinly traded and appears to be less expensive per share so it might be the stock someone would buy now if they were going to own shares.

specialty stores

This is the voting stock. It is more thinly traded and appears to be less expensive per share so it might be the stock someone would buy now if they were going to own shares.

specialty stores
Bruce Murray

CEO & Chie, The Murray Wealth Gr...

Price Price
$155.870
Owned Owned
Unknown

DON'T BUY

Has done OK over past couple of years. Fallen below the 200-day moving average, so he would stay away. Has a 10% growth rate. Instead, look at names in the US or at Couche-Tard.

specialty stores

Has done OK over past couple of years. Fallen below the 200-day moving average, so he would stay away. Has a 10% growth rate. Instead, look at names in the US or at Couche-Tard.

specialty stores
Stan Wong

Director &, Private Wealth Manag...

Price Price
$157.680
Owned Owned
No

DON'T BUY

He owns Amazon only in the retail space, due to the growth prospects.  This is not a sector he feels any urgency to be in.  

specialty stores

He owns Amazon only in the retail space, due to the growth prospects.  This is not a sector he feels any urgency to be in.  

specialty stores
Rick Stuchberry

Portfolio , Wellington-Altus Pri...

Price Price
$160.770
Owned Owned
No

TOP PICK

One of the well kept secrets that you don’t often hear is regarding their acquisition that they got a lot of grief for.  They have a long history of incorporating brands, however.  (Analysts’ target: $186.29).

specialty stores

One of the well kept secrets that you don’t often hear is regarding their acquisition that they got a lot of grief for.  They have a long history of incorporating brands, however.  (Analysts’ target: $186.29).

specialty stores
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$164.190
Owned Owned
Yes

DON'T BUY

The Canadian success story in retail. It's recently had a small setback. Its multiples are expensive. It can't sustain its rate of recent growth. It's vulnerable on the downside. Also, retail is changing so much nowadays. At least Cdn. Tire can hold its own in Canada.

specialty stores

The Canadian success story in retail. It's recently had a small setback. Its multiples are expensive. It can't sustain its rate of recent growth. It's vulnerable on the downside. Also, retail is changing so much nowadays. At least Cdn. Tire can hold its own in Canada.

specialty stores
Michael Sprung

President, Sprung Investment Ma...

Price Price
$164.610
Owned Owned
Unknown

WAIT

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.

specialty stores

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.

specialty stores
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.  

specialty stores

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.  

specialty stores
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.

specialty stores

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.

specialty stores
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.  

specialty stores

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.  

specialty stores
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.

specialty stores

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.

specialty stores
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.

specialty stores

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.

specialty stores
Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$182.400
Owned Owned
No

Showing 1 to 15 of 262 entries

No Comments.


You must be logged in to comment.

Successfully Saved Company
Successfully Saved Company