Bullboard - Stock Discussion Forum Canadian Tire Ord Shs CDNAF

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

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

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Canadian Tire Ord Shs > Chris Blumas - BNN- Don't buy

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Post by Possibleidiot01 on Apr 18, 2024 2:42pm

Chris Blumas - BNN- Don't buy

DON'T BUY

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