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The experts have mixed opinions about the Canadian Tire Corporation Ltd. The retail business is seen as tough with high capital investments and potentially hard to earn profits. The company may be struggling with competition from eCommerce and online shopping, as well as lower consumer demand. However, some experts see the current valuation as entering an attractive area and view the automotive aspect of the business positively. Overall, the future performance of this stock is uncertain.
Does not own shares, and would not recommend buying. Not a strong business model. Footprint limited to Canada with low growth.
Retail is a difficult business to operate in. Capital intensive business with lots of inventory. If recession occurs, will be hard on business. Better options for investors out there.
Historically a great Canadian retail business. However, business not performing as well due to eCommerce etc. Unsure on future of business. Better names for retail companies like Aritzia.
Retail does well in November and maybe into December. He wants the stock to show some strength though. If so, CTC should do well.
It is reflecting the lower demand of the Canadian consumer and has pretty much penetrated the Canadian market.
Long period of low dividend yield. Current share price a good price to buy at. Likes automotive aspect of business. Improving business prospects.
Online shopping taking major toll on business.
Not as many visitors in the past.
Business not competing well with Amazon.
Rewards program not very good.
Not a good time to invest in business.
Great Canadian company.
Very cheap valuation on the stock price.
~4% dividend yield is strong.
Beat guidance last quarter.
Economic headwinds could weigh on the company.
Latest corporate earnings surprisingly good.
Very strong brand across Canada.
Well managed company.
Current valuation is trading at a fair price.
Will continue to watch outlook for business.
Canadian Tire Corporation Ltd is a Canadian stock, trading under the symbol CTC-T on the Toronto Stock Exchange (CTC-CT). It is usually referred to as TSX:CTC or CTC-T
In the last year, 9 stock analysts published opinions about CTC-T. 4 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Tire Corporation Ltd.
Canadian Tire Corporation Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Tire Corporation Ltd.
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.
9 stock analysts on Stockchase covered Canadian Tire Corporation Ltd In the last year. It is a trending stock that is worth watching.
On 2024-03-26, Canadian Tire Corporation Ltd (CTC-T) stock closed at a price of $248.
Does not own shares. Retail business tough. Current valuation starting to enter attractive area. Competition amongst retail very hard to earn profits on (high capital investments). Consumers not coming back to brand - yet, would wait to buy.