Published on 30 Jul 2023 on Simply Wall St. via Yahoo Finance
Those who invested in Canadian Tire Corporation (TSE:CTC.A) three years ago are up 63%
One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. Just take a look at Canadian Tire Corporation, Limited (TSE:CTC.A), which is up 48%, over three years, soundly beating the market return of 32% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 16% , including dividends .
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
See our latest analysis for Canadian Tire Corporation