CTC.A
CANADIAN TIRE CORP. $58 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.4 million; Market cap: $4.7 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.canadiantire.ca) will now install some of the household equipment it sells, such as garage-door openers, hot water tanks and central vacuum systems. Previously, customers had to install these items themselves, …read more »
CANADIAN TIRE CORP. $61 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.4 million; Market cap: $5.0 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.canadiantire.ca) is buying The Forzani Group Ltd. (Toronto symbol FGL), which sells sporting goods through over 500 stores in Canada, including SportChek and Athlete’s World.
Forzani gets 70% of its sales …read more »
The Canadian retail sector is highly competitive. Aside from other domestic retailers, Canadian consumer stocks are facing increasing competition from large U.S. discount retailers, like Wal-Mart and Costco. In addition, popular U.S. retailer Target is set to enter the Canadian market.
As the competition between retailers continues to heat up, it’s more important than ever for investors to focus on Canadian …read more »
When you practice a “dollar-cost averaging” investing strategy, you invest equal amounts of money (say $300 a month) over a specific period. It’s a little like systematic saving, except you put your money into stocks instead of a bank account.
(Dollar-cost averaging is one of many low-risk strategies you’ll learn about in our new free report, Stock Market Investing Strategy: …read more »
TRANSCANADA CORP. $32 has started building a gas-fired power plant near Phoenix, Arizona, that should start operating in May 2011. The $500-million U.S. cost is equal to 60% of the $319 million, or $0.51 a share, that TransCanada earned in the three months ended June 30, 2009. TransCanada has a 20-year deal to sell the plant’s power to an Arizona …read more »
Canadian Tire has risen 50% from a low of $36.56 last November. That’s mainly because the company is benefiting from its innovative new store designs, which include wider aisles and better lighting. It has also done a good job of managing its financing division during the credit crisis. Moreover, it is making better use of one of its most underappreciated …read more »
CANADIAN TIRE CORP. $50 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.6 million; Market cap: $4.1 billion; Price-to-sales ratio: 0.5; SI Rating: Above Average) operates 476 stores that sell automotive, household and sporting goods. These account for around 60% of the company’s revenue, and 45% of its earnings. Canadian Tire also owns other retail chains, including 374 …read more »
CANADIAN TIRE CORP. $41 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.5 million; Market cap: $3.3 billion; SI Rating: Above average) operates 473 stores that sell automotive, household and sporting goods. It also operates 82 PartSource stores (auto parts), 364 Mark’s Work Wearhouse stores (casual clothing) and 269 gas stations.
The company continues to profit from its ongoing …read more »
CANADIAN TIRE CORP. $43 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.5 million; Market cap: $3.5 billion; SI Rating: Above average) plans to start selling grocery items such as milk, bread and frozen meals at two of its Ontario stores, on a trial basis.
The grocery business is highly price competitive. Food also has a much shorter shelf …read more »
CANADIAN TIRE CORP. $53 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.5 million; Market cap: $4.3 billion; SI Rating: Above average) aims to open its new 1.5 million square foot distribution centre near Montreal in early 2009. This new facility will supply 300 Canadian Tire stores throughout Ontario, Quebec and Atlantic Canada.
The $240 million cost of this …read more »
