Alimentation Couche-Tard Inc T.ATD

Alternate Symbol(s): ANCTF

Consumer Defensive Grocery Stores

Alimentation Couche-Tard Inc. is engaged in convenience and mobility, operating in about 29 countries and territories, with more than 16,700 stores, of which almost 13,100 offer road transportation fuel. With its Couche-Tard and Circle K banners, the Company is an independent convenience store operator in the United States, and it is engaged in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has a presence in Poland, Hong Kong Special Administrative Region of the People's Republic of China, Belgium, Germany, Luxembourg, and the Netherlands. Its North American network consists of about 17 business units, including 14 in the United States covering 47 states and three in Canada covering all 10 provinces. In Europe, it operates a broad retail network across Scandinavia, Ireland, Poland, and the Baltics through seven business units. Its operating brands include Circle K, Couche-Tard, and Ingo.

TSX:ATD - Post by User

Alimentation Couche-Tard Inc > $43-$45

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Comment by Lawyerupon Mar 01, 2021 3:43pm

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RE:RE:$43-$45

Thanks Bear, I would add in the Couche-Tard is in the top 10 Canadian Stocks that are shorted. A large number of shorters keeps the price down. Realistically we should be in the $42-$48 range as far as I can see. We have a solid management team, a great company, financials are solid but the shorters are keeping ATD below $40. Long term this is a solid company. All the best, Charlie.

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