
TSE:LNR
This summary was created by AI, based on 6 opinions in the last 12 months.
Linamar Corp (LNR-T) has garnered a range of positive reactions from analysts, highlighting its strong operational performance and position within the auto parts sector. Despite concerns over potential tariffs and geopolitical issues related to CUSMA, many experts express confidence in the company's ability to navigate challenges through efficient production strategies. The recent upward movement in share price has led some to caution about valuation, suggesting a wait for a potential pullback before investing. Generally, Linamar is perceived as a solid long-term investment, with expectations of robust revenue growth and significant operational capabilities, including partnerships that bolster its supply chain stability. As the company prepares to report earnings, analysts predict impressive earnings per share, reflecting a strong outlook for the future.
Reporting their quarter next week. News announcements can often be a trigger for volatility. Chart shows support at about $22 which it broke out of in late 2012. Stock will probably come back and retest support before it starts to move away again. You might consider putting a stop in at around $25.50 and there might be a chance to pick it up to around $22 again.
Are bidding on a US parts manufacturer. He likes the auto sector but it is a very cyclical play. When it has done well for a couple of years you want to see about getting out. When the market turns down it will go down hard. Okay as long as it stays above support. There is not a lot of upside. It is a range trader upper teens to $21 or 22.