Canadian Tire
Canadian Tire is one of Canada's biggest and best retail stores. They have close to 455 stores across Canada. They specialize in automotive parts, accessories and repairs; they also have their own finance company and Mark's Work Warehouse.
It is remarkable that despite continuing to grow earnings at almost 17% per annum the stock sells at only 14 times earnings and remains undervalued.
In our rating system there are five stocks that have a rating in the mid to low 0.80's. These are our most undervalued stocks and of the five Canadian Tire has the best rating of the five, but just by a smidgeon. If you would like a list of our top five topicks just send an email to: fraserratings@yahoo.ca
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