Q: For a 5 year time frame, what 3 consumer discretionary Canadian stocks would be a good replacement for Ctc.a, for decent dividend and some growth? And/or, is Canadian Tire a stock I should just hold onto, and look at it ayear from now?
5i Research Answer:
CTC is struggling, but it has met many challenges before. We would consider it dead money for a period of time. Higher growth (but riskier) replacements could be: ATZ, GOOS and/or DOO.