Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They have survived competition and recessions. They are well positioned. Stock price remains cheap at 11x earnings. The dividend has grown nicely. Balance sheet looks okay with the last quarter showing 30% better than expected on EPS. Unlock Premium - Try 5i Free
When Walmart arrived in Canada, he felt that CTC was untouchable. It's the go-to place for smaller Canadian communities. Their stores remained open during the lockdown. CTC is trading around $165 and is a solid hold. As the economy reopens, people will spend elsewhere, though. You can buy this on a $10-20 pullback. Aritzia is a better bet though.
It's one of the best survivors in retail. They held their own against Walmart. Great job diversifying into Sportscheck and Marks Work Warehouse. They have the goods that people want, so have benefitted from the pandemic. But the stock has recovered a lot. Trades at a 10x earning basis, so cheap. That said, there are better retailers, like ATD'B. CTC.A is well-diversified, though.
Canadian Tire Corporation Ltd. (A) is a Canadian stock, trading under the symbol CTC.A-T on the Toronto Stock Exchange (CTC.A-CT). It is usually referred to as TSX:CTC.A or CTC.A-T
In the last year, 8 stock analysts published opinions about CTC.A-T. 4 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Tire Corporation Ltd. (A).
Canadian Tire Corporation Ltd. (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Tire Corporation Ltd. (A).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
8 stock analysts on Stockchase covered Canadian Tire Corporation Ltd. (A) In the last year. It is a trending stock that is worth watching.
On 2022-05-20, Canadian Tire Corporation Ltd. (A) (CTC.A-T) stock closed at a price of $161.8.