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TSE:LNR
This summary was created by AI, based on 7 opinions in the last 12 months.
Linamar Corp (LNR-T) has garnered positive reviews from several experts, highlighting its $2 billion capacity for acquisitions which may lead to growth in a distressed automotive supplier landscape. Analysts praise its strong operational performance and the company's ability to manage supply chain challenges linked to regulations, such as CUSMA. Despite concerns over potential tariffs, the company is viewed as a survivor with commendable execution, contributing to revenue increases of 14% this year. While some analysts see the stock as fairly valued, others suggest it might be prudent to wait for a pullback given its price appreciation over recent months and the ongoing geopolitical uncertainties.
Some of the outlook for the auto sector which is negative is reflected in their price. MG-T gives you a more diversified part of the car. LNR-T is mostly drive train components and these are still needed for electric cars. The parts don't change as much as more cosmetic parts so when you tool up for a part the investment lasts far longer.
A downtrend has been in place since 2017 for LNR-T. It has shown a little relative strength against the S&P recently. Also, another bullish indicator is forming so it should be watched. He is trying to acquire MG-T, if it can break above $50.