| WAIT | 50.600 | Bruce Campbell | (Market Call Minute.) Having a really tough time here and a tough quarter. Statistically cheap so may be OK for a 5year view. Wait a few quarters out.
| 2008-08-18 | |
| DON'T BUY | 53.000 | Duncan Stewart | (Market Call Minute.) Cannot get his head around any of the Canadian retailers. Wal-Mart (WMT-N) will not be good for any Canadian retailer. | 2008-07-28 | |
| BUY | 56.120 | Robert Floyd | (Market Call Minute.) Had a fairly healthy pullback and should proceed well. Good valuation. | 2008-07-23 | |
| DON'T BUY | 51.580 | Laura Wallace | Great Canadian company. Stock has been very disappointing. Retail discretionary spending is going to be challenging. Faced with increasing competition. The revenues that come from their financial services will be vulnerable. | 2008-07-10 | |
| Comment | 54.550 | Colin Stewart | Great, long-term franchise. Has been hitting 52-week lows. Under pressure due to the weakening Ontario economy. There is also a lot more competition. Getting to a point where it might be interesting as a Buy. | 2008-06-25 | |
| BUY | 56.040 | Don Lato | Very much a consumer oriented company, which is why they are trading at low levels. They have growing earnings and the multiples would make it a great buy here. | 2008-06-11 | |
| HOLD | 59.600 | Peter Brieger | One of the countries great retail stories backed up by good real estate locations. In the short term, this and other retail stocks have been hit. Looking through to 2009/2010 you will see blue-chip stocks like this recover very nicely. | 2008-06-04 | |
| HOLD | 60.350 | Laura Wallace | Had disappointing earnings. Earnings continue to be driven by its Mastercard operation. Increased competition is coming. Wouldn’t Buy here. | 2008-05-23 | |
| BUY | 60.990 | Steve MacInnes | A little bit in the doghouse. Had a lacklustre quarter recently. A great brand and he likes the business model. Has bottomed here and is very good value. | 2008-05-15 | |
| HOLD | 64.720 | David Burrows | Retail space in general is improving. This one looks a little better than others. Has been consolidating and will probably work its way higher over the next while. Will be less dynamic than some gas stocks, but this is a well-managed business. | 2008-04-18 | |
| WAIT | 65.580 | Bruce Campbell | Very cheap at 12X or 13X earnings but you need the economic sensitivity to pass for a little while. Could be a fall for Christmas or a 2009 play. | 2008-04-11 | |
| HOLD | 63.310 | John O'Connell, CFA | Struggling from investors’ sentiment because people are worried about the general strength of the economy. Trading at around 10X next year's earnings. Well diversified platform. Some people were worried because of its credit card portfolio and some were worried about it getting into the banking business. | 2008-03-03 | |
| Comment | 64.510 | Colin Stewart | One of the great Canadian franchises. Under pressure lately because of the tough retail environment in Canada. Housing market is slowing which impacts them to some degree. Have a lot of hidden assets such as real estate, credit card business. Trades at about 7X EBITDA. Like it from a long-term perspective and is looking at it. Finding other retailers that are cheaper such as Sears Canada (SCC-T) that trades at about 3X EBITDA. | 2008-02-27 | |
| DON'T BUY | 62.420 | David Burrows | A really well managed company. Great business. Unfortunately, it depends on people wanting to spend money on their homes and having money to spend. There will be a bit of a wait on this one. | 2008-02-15 | |
| DON'T BUY | 62.280 | Laura Wallace | In the retail sector, discretionary spending with a little tilt towards the hard end of retail which makes it vulnerable. The earnings have not fallen off but this is due to their finance side with credit cards. You can wait on this one. | 2008-01-30 | |
| Comment | 62.700 | Gordon Higgins, CA, MBA, CFA | Stock has pulled back because the market believes the consumer is tapped out. However, that is a US consumer. Wal-Mart is expanding into their areas. Trades at less than 10X earnings. Also have gas stations and a credit card business. Well diversified. However, their big growth is gone. | 2008-01-25 | |
| WATCH | 58.900 | Brian Acker, CA | Fundamentals are deteriorating and earnings estimates have been coming down. Would want to wait until there is some improvement in the fundamentals. He thinks the bottom is $57.85. Keep a close eye on the earnings estimates, which have been coming down. His model price dropped from $90 to about $75. He would buy a little more at $57.85, but if it substantially broke from there he would get out of the position. | 2008-01-17 | |
| DON'T BUY | 60.400 | Robert Floyd | Had a write up because of some asset-backed paper but part of the pressure on the stock is that a lot of retailers are weak in general. Would stand aside until you see some firmness in the area. | 2008-01-15 | |
| WAIT | 69.090 | David Cockfield | Technically, it looks like it has a pretty well established downtrend. Would wait until it hits bottom. | 2007-12-21 | |
| Comment | 68.540 | Brian Acker, CA | Model price has been coming off as earnings estimates have been creeping down. Model price is $81.89. Was probably $92 in September $92. Under pressure because fundamentals have been coming down. When you see a turnaround in the Canadian economy, there could be some positive earnings estimates coming through. That's when the stock should either base or start to turn upward. | 2007-12-20 | |
| WAIT | 72.070 | Norman Levine | The long-term outlook for this company is fabulous. It is by far the best run public retailer in Canada. Near-term outlook is clouded because of economic weakness in eastern Canada. Their most recent quarter was disappointing and it was Ontario and Quebec. With housing possibly peaking and manufacturing coming down it is probably not the right time to Buy. If you are a long-term investor, wait a little while and then buy. | 2007-12-03 | |
| WEAK BUY | 73.000 | Gavin Graham | Recent acquisition Marks-Work-Warehouse has done well. Regarded as a quasi financial. If you have faith in Canadian economy then this looks good. | 2007-11-19 | |
| PAST TOP PICK | 86.900 | Veronika Hirsch | (Top Pick Feb 7/07. Up 21%.) Picked as a safe stock that people could keep in their portfolios. Pays a dividend. | 2007-10-31 | |
| BUY on WEAKNESS | 81.380 | Bruce Campbell | Everybody likes it. Everything is working well. It is a fairly recession proof consumer stock. He would like to see an entry point below the 70's. | 2007-10-24 | |
| TOP PICK | 81.950 | Ross Healey | Outstandingly well-run company. His Fair Market Value is up over $150. The recent setback in the stock gave a good buying opportunity. Good balance sheet. | 2007-10-05 | |
| BUY | 79.310 | John O'Connell, CFA | They are trying to institute some new strategies and are being fairly aggressive on their growth strategies. Trading at around 19X earnings. Doesn't expect they will be able to grow their banking business. | 2007-10-04 | |
| HOLD | 79.000 | Bruce Campbell | Fully valued at this price. | 2007-09-25 | |
| BUY | 76.740 | Stephen Carlin | Has been punished for no apparent reason except for general market malaise. Recent earnings were in line. Financial services arm was hurt a little bit but is an opportunity. Expects 15% earnings growth. | 2007-08-21 | |
| HOLD | 87.230 | Paul Gardner, CFA | Have done everything right. Lowered their costs. Distribution network is very good. Inventory control software is very good. A proxy for the Canadian economy. Should continue to do well. | 2007-07-19 | |
| BUY | 86.720 | David Baskin | Have hit a home run with Marks Wearhouse. There is a lot of un-capitalized value in their real estate. Had a terrific run this last year, but there is still a lot of value there. | 2007-07-17 | |
| BUY | 82.100 | Gavin Graham | Still doing very well. Have turned themselves into a bank. They are not going to be taken over. Doesn't own it but it's on their radar screen. | 2007-06-15 | |
| TOP PICK | 79.700 | Ross Healey | Upside targets are 2.5 times book, it has peeked there 3 times over the last 25 years.
Recently had spectacular quarterly earnings.
Very well run company.
Fair market value is $160, his target is $92.
Canadian Tire has been a fairly reliable indicator of the Canadian market as well. | 2007-06-01 | |
| HOLD | 79.700 | Kenneth P. Norquay, CMT | Hard to buy on lows.
Had resistance at around 66, once it breaks through then it becomes the support. If it drops below the 66 then you want to sell.
| 2007-06-01 | |
| BUY | 78.130 | Gavin Graham | Have executed extremely well. Financial and is doing well as is Marks Wearhouse. A great play on rising consumer spending. | 2007-04-23 | |
| HOLD | 79.380 | Veronika Hirsch | This is one of her defensive names. A long-term hold. Doesn't see anything negative on the horizon. | 2007-04-18 | |
| WATCH | 79.380 | Peter Brieger | If Bell Canada (BCE-T) is sold, you have to consider where the money is going to go. This could be a likely stock and you could consider a partial holding. A quality, long-term holding. | 2007-04-18 | |
| BUY on WEAKNESS | 77.750 | Peter Brieger | Expect this will split sometime before the end of the year. One of his favourite retailers. Particularly likes their Mark’s Wearhouse division, credit card division and their 20-20 program. Would look to buy around $73-$74. | 2007-04-04 | |
| PAST TOP PICK | 70.600 | David Baskin | (A Top Pick March 27/06. Up 13.5%.) Lousy winter because of the warm weather. Very well managed. Great job rolling out their new stores. Did a fabulous job in acquiring Marks Wearhouse. Would still buy at this price. | 2007-03-14 | |
| TOP PICK | 72.400 | Ross Healey | Has historically had a market peak of 2.5 X book value, and is currently at 2. Because the book value is growing fairly quickly, you are getting about 10% per year. His FMV is over $100. | 2007-03-07 | |
| BUY on WEAKNESS | 73.200 | Peter Brieger | Had a disappointing quarter, entirely weather related. With the recent cold snap, he expects sales have picked up. Would prefer it at $70-$71. | 2007-02-19 | |
| BUY | 72.180 | Robert Floyd | Has some room to go on the upside. Had a soft quarter due to the warm winter. | 2007-02-13 | |
| BUY | 71.940 | Norman Levine | They dominate the market in their field. Reported poorer numbers do too weather related issues. | 2007-02-12 | |
| TOP PICK | 69.500 | Veronika Hirsch | Trading at 14 X 2007 numbers, which is relatively cheap. Have an incredible amount of real estate and hedge funds periodically would like them to realize value on it. Every time there are rumours, it creates a good trading opportunity. | 2007-02-07 | |
| HOLD | 70.400 | Norman Levine | One of the best managed Canadian retailers. Very good stock for most of 2006. Valuation has got a little bit ahead of itself. For longer-term investors, it is that Hold. Near-term, the valuation will probably keep it a little under wraps. | 2007-01-09 | |
| DON'T BUY | 71.910 | Bruce Campbell | Fundamentals are good and managements done a good job. Their bigger format stores are all working out. Mark’s Wearhouse is doing well. Valuation is at the upper end. | 2006-12-21 | |
| HOLD | 72.460 | John Zechner | Did a great re-structuring of the company. Have maintained the growth pretty well. Less cyclical than it used to be, so any downturn won’t affect it as much. | 2006-12-12 | |
| DON'T BUY | 73.720 | Michael Sprung | Has done extremely well. Has met the competition. A little overpriced at this time. | 2006-12-08 | |
| BUY | 73.800 | Peter Gibson | Ranks very well in his work. Has very strong margin and asset turnover growth. | 2006-11-03 | |
| HOLD | 70.720 | Paul Harris, CFA | Have grown their business and have done well. A great brand name. | 2006-10-04 | |
| HOLD | 71.270 | John Zechner | Feels the consumer is getting a little strained right now. The valuation is at the higher end of the range. We'll be a little bit more grinding going forward. | 2006-09-27 | |
| BUY | 69.810 | Martin Hubbes, CFA | Good story. Have a good market niche. They have built a superb franchise. May not be as susceptible to a housing slowdown. Good long-term story. | 2006-09-01 | |
| PAST TOP PICK | 71.750 | David Baskin | (A Top Pick July 11/05. Up 25.4%.) Would still buy. Their earnings were absolutely dynamite. Mark's Work Warehouse turned out to be a fabulous acquisition. | 2006-08-24 | |
| BUY on WEAKNESS | 66.820 | Peter Brieger | Have had a decent quarter because of a pickup in Marks Warehouse and their credit card business. Worried a little bit about the 2nd half because floor space is going to increase by about 57%. He would buy at $62. | 2006-08-14 | |
| BUY | 65.300 | Gavin Graham | Trading at 15 X forward earnings. They will be some growth. There is a small dividend. | 2006-08-10 | |
| Comment | 61.950 | John Zechner | Had more than a double over the past 3 years and the multiple got a little high built on a little bit too much optimism. That is now moderating. Also, a lot of consumer discretionary/merchandising have all been coming under a little pressure. | 2006-07-31 | |
| BUY | 63.840 | Fred Pynn | Tremendous management and great track record. The only concern would be if there is a turnover of economic activity, consumers could pull back a little bit. Would nibble at this one rather than buying a full position. | 2006-07-26 | |
| DON'T BUY | 64.310 | Bill Carrigan | Has had an uptrend line in place for 3/4 years and had a violation earlier this year. Didn't reach a new high. If you own, make sure is does not drop below its low at the beginning of the year. | 2006-07-17 | |
| HOLD | 66.950 | Jonathen Wellum, B. Comm, B. Sc | Have done a terrific job in building a very powerful franchise. Fairly defensive. | 2006-06-23 | |
| BUY | 67.400 | David Baskin | In a terrifically weak market yesterday, this stock opened up 7% because it was a featured pick of a hedge fund in the US. This created a lot of activity by US investors. | 2006-05-25 | |
| DON'T BUY | 63.250 | Laura Wallace | Has had a couple of issues facing it recently. The latest earnings were a little disappointing and the CEO resigned unexpectedly. Would be a little cautious here. | 2006-05-03 | |
| BUY | 63.750 | David Baskin | A little disappointed to see the changes in the boardroom but it's a company with a lot of bench strength and a lot of talent. Likes this stock. One of the premier retailers in Canada and is a nice counter recessionary name. | 2006-05-02 | |
| TOP PICK | 64.030 | David Baskin | Lost a key executive this week, but they have a very deep bench, and they will manage. Has dropped because money has been pouring out of the boring value stocks. Very attractive entry price. | 2006-04-18 | |
| BUY | 62.550 | Gavin Graham | On fundamentals, this has been the most successful general merchandiser in Canada. | 2006-04-11 | |
| HOLD | 62.710 | Laura Wallace | Stock came off after the company reported quarterly earnings and guided lower. Generally, she does not buy non-voting shares. Very good company and well run. Long-term basis, it will continue to do well. Near-term concerns has to deal with competition. | 2006-04-06 | |
| TOP PICK | 62.230 | David Baskin | A very well run company. The price has come off a little bit sell a good entry point. Quality company. | 2006-03-27 | |
| HOLD | 62.840 | Norman Levine | Probably got a little ahead of itself and is now showing some weakness, but a good stock. | 2006-03-21 | |
| PAST TOP PICK | 64.080 | Ross Healey | Canadian Tire has gone down. He still likes it and continues to hold it . | 2006-03-16 | |
| TOP PICK | 64.080 | Ross Healey | He likes Canadian Tire and he is sticking with it. It has lots of upside. He has held this stock since the inception of the funds and has recommended it for years. He is still buying during weaknesses. | 2006-03-16 | |
| HOLD | 64.260 | Laura Wallace | Canadian Tire has come off because of their earnings forecast. There are concerns about what is going to happen to the home building part of their business. Canadian Tire retail accounts for two-thirds of the profits. Reasonable value. Long term prospects are good, but could tread water until they start to show growth. | 2006-03-15 | |
| HOLD | 64.700 | John Sinkins, CFA | They don't own (they are more focused on resources, rather then retail).
It's not a bad time to own, but he would have to check the evaluations compared to other retailers before buying. | 2006-03-14 | |
| VAGUE | 64.910 | Gordon Higgins, CA, MBA, CFA | Canadian Tire has good numbers. The sales are up 11%. The dividends
have increased. It is a stable company. He believes it is worth what it is. | 2006-02-21 | |
| WATCH | 64.110 | Peter Brieger | Watching it, but not buying yet. Has an order to buy at $62 | 2006-02-20 | |
| BUY | 68.100 | Michael Smedley | One of your great blue chips. You not have to fear competition from the big box stores. Probably worth $10/15 from here. | 2006-01-19 | |
| BUY | 67.510 | David Baskin | Tremendously impressed with the management. Expect it will be $80 a little while from now. | 2005-12-19 | |
| BUY | 65.500 | Ross Healey | (A Top Pick Oct 13/05. Up 11%.) Every market cycle, at about this time, it breaks out and heads for its usual long-term peak of about 2.5 X book. Phenomenal management. | 2005-12-13 | |
| BUY on WEAKNESS | 65.860 | Brian Acker, CA | Has a model price of around $78. Try to pick it up on weakness. | 2005-11-14 | |
| HOLD | 64.370 | Rob Callander | A fantastic company. Excellent management. At another high and he hates buying stocks that are at their high. Probably a little late to be buying it. | 2005-11-10 | |
| DON'T BUY | 63.080 | David Chapman | Has been in a strong up trend for the last 5 years. This is late in the cycle for the consumer cycle and if the market is going to be weak into 2006/2007, he would be cautious about consumer stocks. The momentum is failing and he wouldn't be chasing this stock. | 2005-11-09 | |
| TOP PICK | 59.900 | Ross Healey | Usally peaks at about 2.5 X book and has done so with great regularity in the past 25 years. This would place the stock at about $75/78. Typically a late bloomer. His fair market value is well over $120, so lots of upside. Doesn't expect it to get near that. If it got to $75/78 he would be delighted. | 2005-10-13 | |
| TOP PICK | 60.800 | Danny Tomka | Doing a great job of reformatting their stores in what they call a 20/20 concept which is basically getting more square footage. Same store sales of 3% to 4%. Has done a good job in the financial services area. Thinks they can grow earnings 12/15% over the next 5 years. | 2005-08-24 | |
| TOP PICK | 58.410 | David Baskin | Have been able to wothstand the compeition. Modernized their stores, spruced up their advertising. Makes a lot of money on their credit cards. A pretty good defensive pick. | 2005-08-16 | |
| BUY | 58.750 | Norman Levine | The best run of the large retailers in Canada. Have a great market position in consumers minds. Long term oputlook is very good. | 2005-08-15 | |
| WAIT | 57.700 | Gordon Higgins, CA, MBA, CFA | A great retailer. Same store sales are up 2%. Getting more fully priced now. Would wait. | 2005-08-11 | |
| DON'T BUY | 58.500 | Peter Gibson | Weakness on the profit side, not well sourced profit growth and valuation is a little stretched so not too interested in it. | 2005-08-05 | |
| DON'T BUY | 56.620 | Paul Harris, CFA | Have done a very good job and have executed incredibly well. From a fundamental point of view, the stock is fully priced. The risk is that a lot of the good things with the company have already happened, so where do they go for growth. | 2005-06-30 | |
| PAST TOP PICK | 59.050 | Neil Wickham | (A Top Pick Nov 23/04. Up 10%.) Still buying. Have several basic operations: retail stores, Marks Work Wearhouse and financial services. All sectors are doing very well. Their one soft spot is petroleum marketing. | 2005-05-30 | |
| DON'T BUY | 57.640 | David Cockfield | Marketing has been very successful, but suddenly have hit a little pothole here. Stock had got expensive. Semi-negative on the retailing area. | 2005-05-12 | |
| DON'T BUY | 61.920 | David Baskin | Has a lot of respect for this company. Top notch management. Haven't lost any market share to Wal Mart or the big box stores. A little expensive right now. If it came down 15/20%, he would probably jump all over it. | 2005-05-10 | |
| BUY | 59.170 | David Baskin | A good argument can be made that this is Canada's premier retailer. Have withstood the challenge of Wal-Mart (WMT-N), surmounted it and gone from strength to strength. Make a lot of money on their credit card. Have modernized their stores and are now making money on their hard goods too. A bit expensive. | 2005-04-21 | |
| BUY on WEAKNESS | 59.970 | Rob Callander | A spectacularily well managed company. Now have a new store format. Has been able to compete with the big box stores. A lot of growth potential with their Marks Works Wharehouse holdings. Stock's a little expensive. | 2005-04-20 | |
| BUY | 59.640 | Pierre Bernard | Good business plan. | 2005-04-18 | |
| TOP PICK | 59.190 | David Burrows | Likes their strategy. They are doing a very good job. They have rising cash flow, rising revenue, rising margins. They're winning across all the categories. Using the strong Cdn$ to expand their global purchasing which ultimately puts them in a better position. (Not adding any new positions of any company to their portfolio at this time.) | 2005-04-12 | |
Experts that have talked about Canadian Tire Corporation Ltd. (A)
Rss Top Picks Feed
