CANADIAN TIRE CORP. $91 – Toronto symbol CTC.A

CANADIAN TIRE CORP. $91 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 80.5 million; Market cap: $7.3 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.5%; TSINetwork Rating: Above Average; www.canadiantire.ca) operates 490 Canadian Tire stores, which specialize in automotive, household and sporting goods. The… Read More

Unlocking hidden value pays off

We’ve long recommended Canadian Tire, even in the face of strong competition from Wal-Mart and other big U.S. retailers. That’s due to its hidden assets, which investors tend to overlook. The company is now taking steps to unlock the value of these assets. For example,… Read More

CANADIAN TIRE CORP. $67 – Toronto symbol CTC.A

CANADIAN TIRE CORP. $67 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.5 million; Market cap: $5.5 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.canadiantire.ca) gets 90% of its revenue and 80% of its earnings from its various retail… Read More

Canadian Tire can handle Target

In January 2011, U.S. department store operator Target Corp. (New York symbol TGT) announced that it was expanding into Canada. The news helped push down Canadian Tire’s shares from $66 to $52 in August 2011.

However, the stock quickly rebounded. After all, Canadian Tire has many… Read More

Canadian Tire Corp. Ltd. $69 – Toronto symbol CTR.NV

CANADIAN TIRE CORP., LTD. $69 (Toronto symbol CTR.NV; SI Rating: Above average) is best known for its 459 Canadian Tire retail stores, which carry a unique mix of automotive, home improvement and sporting goods. The company also sells its goods over the Internet.

Other operations include… Read More

Still a Portfolio Mainstay

When Wal-Mart and other big American retailers began moving into Canada in the 1990s, many Canadians assumed the worst for Canadian retail stocks. In the fall of 2000, in fact, some investors zeroed in on Canadian Tire as a tax-loss selling candidate. They dumped the… Read More