Linamar Corp (LNR.TO)

Better off owning suppliers than car companies, which are caught trying to straddle combustion and EVs. Prominent Canadian company. MG can take advantage of its size, LNR is really well run. LNR is his choice for the long run, more nimble.

He tends to not own this type of highly cyclical business.

It manufactures car parts and now is not the time for this because of the possibility of a recession. It is highly cyclical so it could be considered a trading stock but not a long term holding.

Has owned this many years. LNR is well-positioned with plants in North America and Europe. The CEO has done an excellent job steering the company.

Alternative to Tesla in EV revolution. Has been following since 1986 when company went public. Very strong engineering talent within company. Demand for cars expected to grow generally speaking. Currently trading at 7x earning. Believes shares are very undervalued. 

Industry strikes have come and gone. Acquisition looks a little dilutive to the multiple, but it adds scale to product portfolio and adds cross-selling. Eventually should be accretive to earnings. Leverage still looks fine. Cheap at 5.6x 2025 earnings, estimated growth at 12.5%. Good deal here. 

Owns shares in competitor (Magna). Sector due for a recovery as soft landing appears imminent. Demand for car parts continues to grow. Would recommend buying. 

The industrial segment is doing very well. This consists of Skyjack in the aerial lift business, and the agricultural equipment division. Skyjack should continue to do well and can hold its prices steady along with a backlog of orders. The auto parts segment has not done well and the company just needs an improvement from the bottom to normal levels to lift the stock. It is near a 52 week low.       Buy 5  Hold 1  Sell 0

Strong business, but share price has fallen latley. Would wait to buy once trend reversal occurs. Fundamentally, company scores 10/10. Excellent brand value. Expecting 40% upside. Dividend yield is safe. Would recommend buying on weakness. 

Auto parts, but has expanded into other industrial areas. Trades at a low multiple, selling into an industry where they don't have a lot of power because auto companies are so large. Well run, but too cyclical. Impacted by inflation and supply chain issues. Softening in consumer spending. Expensive transition from internal combustion to EVs.

Well-run, clean balance sheet, cheap PE and pays a small dividend. Will do well buying and holding this.

Getting close. Yields have been a wrecking ball for equities. Auto strike risk, but that won't last forever. EV transition risk. Under-levered compared to MGA. Exceedingly cheap at 6.5x. Solid order book. He models 16.4% EPS growth.

Owns shares in the company.
Very strong business.
Automotive supply demand rising. 
Electric vehicle transition very good for business.
Expecting share price to rise to $100 in the next 18-24 months.
Good for long term investors. 

Current share price presenting a good selling opportunity.
Soft landing expectations not feasible. 
Expecting pain in the markets with rising interest rates and sticky inflation.
Cyclical business that moves with economy.