Most of our stocks were down today but Canadian Tire was up 0.8%. The company has reached a new 10 year agreement with its dealers. The dealers operate each store as business owners in a manner that is similar to owning a franchise. I thought about trimming my Canadian Tire a bit today. I know I was adding to my position a while back on dips so it may make sense to trim. But I decided to just hang on. As I have mentioned before the market seems leery of the impact that Target will have on Canadian Tire and that is simply not going tobe known for some time. Meanwhile the stock looks like good value.
Toll Brothers however went down 4.0% today.