Analyst Recommendationhttps://www.bnnbloomberg.ca/market-call/brian-madden-discusses-loblaw~2511090
BUY
Loblaw Companies Ltd(L-T)
29/08/2022 at 08:00pm
It was a past pick. They cater to customer needs, not their wants (that was the pandemic age), especially with high inflation and a slowing economy. There is a consumer trade-down theme in North America, so No Frills and discount grocers will benefit. They also have a great private label program and pharmacy operation. They manage costs and wages well.
FOOD STORES
Brian Madden
$116.470
Owned