TSE:LNR
46.12
0.10
(0.22%)
Based in Guelph, Ontario, Linamar Corporation is Canada's second largest automobile parts manufacturer.
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Analysis and Opinions about LNR-T
Signal
Opinion
Expert
COMMENT
COMMENT
December 4, 2019
Auto stocks are seasonal from March-mid-July. There's nothing overly negative with LNR until then. Technically, this has been in a long-term downtrend, this and the whole auto space given sagging car sales. There's a bump at Christmas time for auto-related, though. Momentum is waning to the downside, which is positive. Maybe we're finding a bottom. LNR has to break above $45 which may mark a rebound rally. Cheap valuation.
Auto stocks are seasonal from March-mid-July. There's nothing overly negative with LNR until then. Technically, this has been in a long-term downtrend, this and the whole auto space given sagging car sales. There's a bump at Christmas time for auto-related, though. Momentum is waning to the downside, which is positive. Maybe we're finding a bottom. LNR has to break above $45 which may mark a rebound rally. Cheap valuation.
PAST TOP PICK
PAST TOP PICK
November 28, 2019
(A Top Pick Nov 18/18, Down 6%) This is a stock that can double. Electric vehicle technology. Continues to gain market shares and is extremely well managed. They are building a company for the long term. A year or so is disappointing but he would just buy more. Thinks it will go to a new peak sometime in the next 5 years.
(A Top Pick Nov 18/18, Down 6%) This is a stock that can double. Electric vehicle technology. Continues to gain market shares and is extremely well managed. They are building a company for the long term. A year or so is disappointing but he would just buy more. Thinks it will go to a new peak sometime in the next 5 years.
COMMENT
COMMENT
November 26, 2019
It’s a classic cyclical stock. It’s very cheap right now. It’s an auto company so if there is a slowdown or recession, then it could be hit.
It’s a classic cyclical stock. It’s very cheap right now. It’s an auto company so if there is a slowdown or recession, then it could be hit.
DON'T BUY
DON'T BUY
November 12, 2019
Trades at a low multiple like all auto parts companies. But cars have plateaued. In this space, she prefers Magna. But overall, the end market is slowing. She'd keep an eye on car demand in Europe and China, but it's flat in North America.
Trades at a low multiple like all auto parts companies. But cars have plateaued. In this space, she prefers Magna. But overall, the end market is slowing. She'd keep an eye on car demand in Europe and China, but it's flat in North America.
DON'T BUY
DON'T BUY
November 8, 2019
He owned it earlier this year. He thought it would benefit when the North American Free Trade Agreement would be approved. That didn't quite materialize in the time line he expected. He thinks there may be better plays in the auto parts area.
He owned it earlier this year. He thought it would benefit when the North American Free Trade Agreement would be approved. That didn't quite materialize in the time line he expected. He thinks there may be better plays in the auto parts area.
WATCH
WATCH
October 18, 2019
PAST TOP PICK
PAST TOP PICK
October 7, 2019
(A Top Pick Sep 25/18, Down 35%) He sold at $48 and took some loss. He thought the new free trade agreement would benefit the auto industry and it has not been ratified yet. Their agricultural business has been hit by China not buying our grains.
(A Top Pick Sep 25/18, Down 35%) He sold at $48 and took some loss. He thought the new free trade agreement would benefit the auto industry and it has not been ratified yet. Their agricultural business has been hit by China not buying our grains.
WAIT
WAIT
September 25, 2019
He would wait. The auto industry is dealing with tariff issues. Their Skyjack division has been hurt with weaker earnings. If we go into recession this stock will go much lower.
He would wait. The auto industry is dealing with tariff issues. Their Skyjack division has been hurt with weaker earnings. If we go into recession this stock will go much lower.
BUY
BUY
September 23, 2019
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.
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.
PAST TOP PICK
PAST TOP PICK
September 16, 2019
(A Top Pick Sep 18/18, Down 25%) They're moving big into e-cars around the world, but will also do well making transmissions for pick-up trucks for the coming decade. It trades at 5x earnings. LNR will grow sales 10-15% annually. It's cheap now.
(A Top Pick Sep 18/18, Down 25%) They're moving big into e-cars around the world, but will also do well making transmissions for pick-up trucks for the coming decade. It trades at 5x earnings. LNR will grow sales 10-15% annually. It's cheap now.
DON'T BUY
DON'T BUY
September 3, 2019
It's had a bad run. It's a value play. The car sector is showing cracks.
It's had a bad run. It's a value play. The car sector is showing cracks.
Andrew Pyle
Senior wealth advisor and portfolio manager, The Pyle Group, Scotia Wealth Mgt.
$39.330
No
COMMENT
COMMENT
July 30, 2019
DON'T BUY
DON'T BUY
July 16, 2019
His analyst see it trading at half its normal value to book value -- incredibly cheap. The problem is we are late in the economic expansion cycle. There is a school of that that the central banks may prolong the trend, but he doesn't believe it. There is fear about auto demand going forward. He doesn't think you need to be into this just yet.
His analyst see it trading at half its normal value to book value -- incredibly cheap. The problem is we are late in the economic expansion cycle. There is a school of that that the central banks may prolong the trend, but he doesn't believe it. There is fear about auto demand going forward. He doesn't think you need to be into this just yet.
BUY
BUY
July 15, 2019
All car stocks already have a recession baked into the stock prices. That's positive. The group trades around 3x operating cash flow and 7x earnings.
All car stocks already have a recession baked into the stock prices. That's positive. The group trades around 3x operating cash flow and 7x earnings.
DON'T BUY
DON'T BUY
July 3, 2019
He has owned it in the past. He was hoping when the Canada-US-Mexico auto parts tariff issues worked out they would benefit. However, earnings growth continues to be challenged at the moment. Better opportunity elsewhere. Yield 1%
He has owned it in the past. He was hoping when the Canada-US-Mexico auto parts tariff issues worked out they would benefit. However, earnings growth continues to be challenged at the moment. Better opportunity elsewhere. Yield 1%
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