Canadian Tire is updated and rated (higher) Buy at $196. (It closed today at $194.67, but my analysis was based on a price from June 30.) Its sales and earnings grew strongly in the past three quarters. Some of that growth was pandemic-related and is not sustainable. But meanwhile in the quarter just ended it is set to report very strong results in comparison to A2 2020 when it was negatively impacted by pandemic-related closures. The price has recently dipped from a peak of over $210. The price to earnings ratio is now quite attractive at about 12 based on trailing earnings. The Analysis forecast P/E ratio is similar at 12 but this does mean that analysts expect its earnings in the last half of 2021 and first quarter of 2022 to fail to meet the elevated results in the comparable quarters. This company has been exceeding expectations for many years. I will be adding to my position on Monday.