The Blogger Million Dollar Journey in May of this year, talks published an article on Some Wide Moat Canadian Retail Stocks by Dale Roberts.
He likes Grocery stores. These include Loblaws (TSX-L), Metro (TSX-MRU) and Empire (TSX-EMP.A). He thinks another interest grocer is The North West Company. Alimentation Couche-Tard (TSX-ATD.B) is called a Canadian success story. He thinks you might also want to look at Parkland Fuel Corp (TSX-PKI). For a restaurant, he says to look at Restaurant Brands International (TSX-QRS) which has Tim Hortons.
He says most Canadian have a place in their heart or Canadian Tire. And, what about Leon’s Furniture (TSX-LNF) which has a location in every province across Canada. Another stock to look at is Sleep Country (TSX-ZZZ). Or, perhaps you might want a budget store like Dollarama (TSX-DOL). He also gives an honorable mention to Canada Goose (TSX-GOOS) and Lululemon (TSX-LULU).
He says that the Canadian Retail sector does not get a lot of press, but it is actually a very robust sector.
On my other blog I wrote yesterday about Evertz Technologies (TSX-ET, OTC-EVTZF) ... learn more. Next, I will write about Superior Plus Corp (TSX-SPB, OTC-SUUIF) ... learn more on Wednesday, August 11, 2021 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.