canadian tire

Canadian Tire offers a 4.8% yield and has our Highest TSI Dividend Sustainability Rating – it’s a buy and we feel more price gains are on the way

Investors often go for the easy targets, but resist the urge to dump your best stock picks for a quick profit

CANADIAN TIRE CORP. (class A non-voting) is a buy. The retailer (Toronto symbols CTC $280 and CTC.A $144; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 60.8 million; Market cap: $8.4 billion; Price-to-sales ratio: 0.5; Dividend yield: 4.9%; TSINetwork Rating: Above Average; www.canadiantire.ca) operates several chains aside from Canadian Tire (automotive part, household and sporting goods)....

CANADIAN TIRE CORP., $140.31, Toronto symbol CTC.A, is a top buy for 2023.

Investors benefit from the company’s 502 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....

CANADIAN TIRE CORP., $144.81, Toronto symbol CTC.A, is a buy.

Investors benefit from the company’s 503 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....

The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....

ENBRIDGE INC., $47.60, Toronto symbol ENB, remains a buy.

The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario and Quebec.

With the March 2023, payment, Enbridge raised your quarterly dividend by 3.2%....

With our recent Spotlight Report on Canadian Tire, I opened with a quote from one of the first highly successful investors I ever had the privilege of meeting. While talking about the stock market, he casually mentioned, “I’m a rich man today because I was smart enough to buy Canadian Tire stock at $0.50, and too stupid to sell when it hit $2.00.”

The quote deserves to be repeated more often, since it simplifies a key rule for successful investing: Don’t be too quick to sell a winner....

ENBRIDGE INC., $45.77, Toronto symbol ENB, remains a buy.

The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario and Quebec.

This week, Enbridge agreed to acquire three regulated gas utility firms—which serve roughly 3 million customers in Ohio, North Carolina, Utah, Idaho and Wyoming—from Dominion Energy, Inc....

This country’s traditional retailers, like Canadian Tire, face rising competition from big U.S. chains, like Walmart and Costco, as they continue to expand in Canada. As well, consumers are now spending less on non-essential items as they adjust to high prices and interest rates.

We feel Canadian Tire will overcome any challenges, as it has for over 100 years....