The Investment Reporter, in its April 28, 2023, issue, says buy Canadian Tire Corp. Ltd., recently $183.26 (for the Class A shares). The Reporter said buy Canadian Tire 34 times from Oct. 21, 1994, to Oct. 7, 2022, at prices ranging from $11.12 to $192.52. Assuming an investment of $1,000 for each of the 34 buys, the $34,000 position would now be worth $133,230. Canadian Tire's business spans a retail segment, a financial services division and a real estate investment trust. For the year ended Dec. 31, 2022, Canadian Tire had adjusted earnings of $1.25-billion, or $18.75 a share, compared with adjusted earnings of $1.29-billion, or $18.91 a share, in 2021. Despite the lower earnings, Canadian Tire increased its dividend for the 13th consecutive year in 2022. The company's current dividend of $6.90 a share is equal to a yield of 3.8 per cent, and Canadian Tire's payout ratio is just 36 per cent of the prior year's normalized net income. The Reporter notes that Canadian Tire's earnings will likely fall further this year. The company has operated well through hard times before. The stock trades at 10.3 times Canadian Tire's projected 2023 earnings of $17.72 a share. The Reporter says buy Canadian Tire.