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Bullboard - Stock Discussion Forum Canadian Tire Ord Shs T.CTC

Alternate Symbol(s):  CDNTF | CDNAF | T.CTC.A

Canadian Tire Corporation, Limited is a Canada-based retail goods and services provider. The Company operates through three segments: Retail, Financial Services, and CT REIT. The Retail segment is conducted under a range of banners, including Canadian Tire, Canadian Tire Gas, Mark’s, PartSource, Helly Hansen, Party City in Canada and various SportChek banners. The Financial Services segment... see more

TSX:CTC - Post Discussion

Canadian Tire Ord Shs > Chris Blumas - BNN- Don't buy
View:
Post by Possibleidiot01 on Apr 18, 2024 2:42pm

Chris Blumas - BNN- Don't buy

DON'T BUY

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

18/04/2024
Canadian Tire Corporation Ltd. (A)
 

Steer clear. Generally, retail is a tough industry. Not good insulation from online competition. Wary of retail that's not specialty. Would prefer HD, ORLY, or dollar store segment, but wait for pullback.

Tends to be a more economically sensitive retailer. Could benefit from rate cuts and an uptick in discretionary spending. But rate cuts would intensify competition. Good portion of profitability comes from its financial services (credit card) business. 

specialty stores
 
N/A
Not owned


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