Toll Brothers is updated and rated (lower) Strong Buy at $29.46. (It’s currently at $29.00 as I post this). Earnings per share were up sharply in it’s Q2 earnings report released this week. I had expected that based on houses it contracted to build last year. And its existing backlog should lead to double-digit earnings growth in the last half of its fiscal year as well.
Canadian Tire is updated and rated Weak Buy / Hold at $143.59. With a P/E of 17 and a strong history it could still be rated Buy or (lower) Buy. But I lowered the rating mostly partly due to continued risks of the impact of the lower Canadian dollar. If I had a large position in it I would sell at least some. In reality I had earlier established quite a large position in mostly around the $65 level or so. I ended up selling too early in a number of sales as the price rose but did make good gains on the stock.