Magna Int'l. (A) (MG.TO)

A Top Pick (May 2/13. Up 96.67%.) Still likes this. Thinks it is going to $140 over the next year. World’s 4^th largest auto plant manufacturer. Management is doing a great job.

On her Watch List, but too expensive at this time. Has had a really good run. Wait for a general pullback. Most of the earnings leverage now will be in Europe.

The car cycle has always been a cyclical business. Thinks we are now in the process of working off the pent-up demand. We are running around 16 million units which is a little bit above the historical averages. While there is a growth in employment income, there are still an awful lot of unemployed people in the US. Feels we are in an advanced stage of the car cycle. Traditionally this company has been a good manufacturer.

Model price is $140.58 giving it a 78% upside. This is one of his favourites. Fundamentals are very, very good.

(A Top Pick May 15/13. Up 71.4%.) When Europe starts to pick up that could definitely be a leg up for them. When he bought it, most of their earnings were coming from North America, and nothing really coming from Europe. There has been a multiple expansion on the back of earnings growth.

This is pulling back, generally speaking, with all of the large industrial names, which presents a buying opportunity. Still has a lot of good days ahead of it. Expects the earnings to be excellent when they report.

Still relatively cheap. Earnings have grown so well that you are looking at something like 10.5X forward earnings even at its current price. He is trying to buy on slight pullbacks at around $105. Expecting $120 in a year.

Made some great purchases through the recession. It got them more market share. They sell globally and are doing well in North America. Numbers getting better in Europe as well. They have virtually no debt. They could take on 2-4 Billion more debt to make an acquisition. They could grow earnings. Trades at a discount to other parts companies. Continue to buy it.

(Market Call Minute) Auto sector is still in recovery and these guys have a great global footprint.

(Top Pick Mar 7/13, Up 93.59%) He sold it as a trading call in his portfolio. Stock has not corrected down, even 10%. This one could give back really, really easy if it does correct and then he would be looking at it again.

Auto-part makers will follow the same seasonal strength as the automobile manufacturers. From March through to May is the period of seasonal strength. We are getting to the end of seasonal strength in a couple of weeks.

Doesn’t know that she would be selling any of the auto parts names. Not widely expensive. You want to Sell at the peak of the cycle, but she thinks we are in the middle of it now. We have another couple of years.

(A Top Pick March 7/13. Up 90.63%.) Had a massive earnings number in the last quarter and a big dividend raise. Has been selling his holdings down and it is about half to what it was at the beginning of the year. Expects he will have a better opportunity to buy it back sometime this summer.

He would hold and wait for some sort of correction before buying it.

Has held this for quite a long time and it has done extremely well. Has a lot of respect for it as a leading global auto parts company. Had a great run over the last year, but despite that, it is still cheap. Trading at about 10.5X 2015 earnings. Pays 1.5% yield. Clean balance sheet. Growing their business in all areas of the world. Europe looks like it has finally bottomed and is coming up. Has a target of $130.