Canadian Tire Corporation Ltd. (A) | StockChase
224
Canadian Tire Corporation Ltd. (A) (CTC.A-T)

Last Price Recorded: $160.3700 on 2017-11-23

ON STOCKCHASE SINCE Apr 2005

specialty stores

Canadian Tire Corporation Ltd. (A)


Signal Opinion Expert
     

2017-10-03

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

He is wary about retail in general because of Amazon. However, you would think people would buy their tires in person rather than online. A lot of the stuff that you buy in stores could be bought through Amazon. Online retail is less than 10% of the market, but has had a dramatic effect, primarily on margins. He doesn’t think he would be buying this company.

specialty stores
David Baskin

President, Baskin Wealth Management

Price: $155.780
Owned: No

2017-08-30

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

Retail sales in Canada are extremely strong, and were up about 7.3% year-over-year as of June. This company is a direct play on that. This is vulnerable to the Amazon (AMZN-Q) impact, but that is down the road.

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Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment Council

Price: $148.500
Owned: Unknown

2017-08-15

PAST TOP PICK
Canadian Tire Corporation Ltd. (A) (CTC.A-T)

(A Top Pick May 13/16. Up 10.81%.) There is no real reason for the recent pullback. He still likes it and it is cheap. 1.7% dividend yield is fairly light for being an established business. Trading at around 15X. Still buying for new clients.

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Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $153.170
Owned: Yes

2017-08-01

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

A very Canadian company and there is nothing like it in the US. The outlook is probably a little bit more GDP growth. This is going to be the destination shop for most men who are looking for shovels, etc. Their ownership structure with the stores, where they have local ownership, is a big plus. Dividend yield of 1.1%.

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Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Group

Price: $141.770
Owned: Unknown

2017-07-14

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

This is a monument that will go on, and the recent drop is probably a buying opportunity for the long-term. He doesn’t know why exactly they haven’t got their e-commerce going, but many serious companies have failed when they try to get e-commerce together.

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Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Associates

Price: $143.550
Owned: Unknown

2017-07-12

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

This has done a pretty good job. Earnings are growing and have created shareholder value since about 2010-2011, and have done it in the face of increasing competition. They are now navigating through this more difficult retail environment pretty skilfully.

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Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment Council

Price: $142.730
Owned: No

2017-07-10

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

If he liked any retailer, this would be it, but he doesn’t.  They will become a player in ecommerce. 

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Gerard Ferguson

CEO & Portfolio Manager, Jemekk Capital Management

Price: $144.700
Owned: No

2017-06-21

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

He has no retail exposure in Canada, other than Loblaws (L-T), which has been challenged. He isn’t worried about a Canadian recession; however, doesn’t think there is very good, long term, secular growth underpinning a lot of Canadian retailers, including this one. There are headwinds, including increases in e-commerce penetration, which they have done a pretty good job of staving off. If consumption, household formation and homeownership starts to turn, that could have more of a negative impact on companies like this.

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Andy Nasr

VP & Investment Strategist, Sentry Investments

Price: $147.180
Owned: No

2017-05-03

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

Old and boring, but he likes old and boring when it comes to investing. Its share price has really outperformed, and a lot of that really comes down to management and how the business has been run. Although there has been some change with the CEO, it has really been change to go back to who was the CEO before. 63% of their business is Canadian Tire which has about 500 stores, 20% is the SGL Sports and about 15% is the Marks brand. Their business now is what they are going to do with their e-commerce platform. Dividend yield of 1.6%. (Analysts’ price target is $175.50.)

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Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $166.040
Owned: Yes

2017-04-04

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

A great Canadian success story. They’ve made some good acquisitions domestically, and has shown real ability to grow through this economic recession that we have seen in Alberta. In the last few quarters, they’ve really surprised analysts to the upside.

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Gerard Ferguson

CEO & Portfolio Manager, Jemekk Capital Management

Price: $160.000
Owned: No

2017-03-28

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

They have executed well with their Marks brand, gas stations and financial arm.  They are one of the few retailers that has constantly made growth and dividend growth.  They even succeeded in holding their own when Wal-Mart came to Canada.

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Paul Gardner, CFA

Partner and Portfolio Manager, Avenue Investment Management

Price: $154.910
Owned: Unknown

2017-02-24

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

A very well-run Canadian retailer. He likes what they have been doing. It always seems very expensive. He would like to see a bit of a pullback, which he doesn’t expect to see for a while. Earnings have come in above expectations, and store sales seem to be relatively okay.

specialty stores
Bill Shaw

Partner & Portfolio Manager, Exponent Investment Management

Price: $155.040
Owned: No

2017-02-21

BUY on WEAKNESS
Canadian Tire Corporation Ltd. (A) (CTC.A-T)

(Market Call Minute.) A great, long term, Canadian retail franchise. It’s close to its 52- week high.

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Alex Ruus

Portfolio Manager, Arrow Capital Management

Price: $156.740
Owned: Unknown

2017-02-17

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

Big news today.  Strong sales.  Maybe there is something else in there.  See how it closes today.  It could come back to the $145-8 level.  We could be a slight amount over valued and you might want to sell half your position here.

specialty stores
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $157.490
Owned: Unknown

2017-01-12

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

They are very unique in that they are in the retail space, but they are able to get their inventory cycled through the system and out to the public so quickly.  They always have a constant flow of heavily discounted items that continue to flow through.  Along with pairing with Markets that certainly helps them to cultivate a home grown brand of themselves.  You are always going to need to buy windshield washer fluid and other auto parts. 

specialty stores
Mohsin Bashir

VP Investments, Stone Asset Management

Price: $142.450
Owned: Unknown

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