Linamar Corp

LNR-T

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.
Linamar Corp (LNR-T)
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.
Jon Vialoux
Research Analyst, CastleMoore Inc.
Price
$44.360
Owned
Unknown
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.
Linamar Corp (LNR-T)
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.
Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$44.980
Owned
Yes
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.
Linamar Corp (LNR-T)
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.
Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$43.540
Owned
Unknown
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.
Linamar Corp (LNR-T)
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.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$45.760
Owned
Unknown
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.
Linamar Corp (LNR-T)
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.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$45.830
Owned
No
WATCH
WATCH
October 18, 2019

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.

Linamar Corp (LNR-T)
October 18, 2019

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.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$42.710
Owned
No
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.
Linamar Corp (LNR-T)
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.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$38.650
Owned
No
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.
Linamar Corp (LNR-T)
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.
John Kim
Portfolio Manager, Aston Hill Financial
Price
$42.310
Owned
Unknown
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.

Linamar Corp (LNR-T)
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.

Rob McConnachie
Chief Investment Officer, Dixon Mitchell Investment Counsel
Price
$43.170
Owned
Unknown
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.
Linamar Corp (LNR-T)
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.
Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$44.540
Owned
Yes
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.
Linamar Corp (LNR-T)
September 3, 2019
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.
Price
$39.330
Owned
No
COMMENT
COMMENT
July 30, 2019

China, the US and Europe are Ford's biggest markets. Europe is slowing and the experiment in China has been a disaster. In North America, they are moving out of cars to focus only on trucks. The auto space will recover, but he would play it via Linamar (auto parts) instead.

Linamar Corp (LNR-T)
July 30, 2019

China, the US and Europe are Ford's biggest markets. Europe is slowing and the experiment in China has been a disaster. In North America, they are moving out of cars to focus only on trucks. The auto space will recover, but he would play it via Linamar (auto parts) instead.

Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$45.350
Owned
Unknown
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.
Linamar Corp (LNR-T)
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.
Ryan Bushell
President, Newhaven Asset Management
Price
$45.290
Owned
No
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.
Linamar Corp (LNR-T)
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.
John Zechner
Chairman, J. Zechner & Assoc
Price
$45.590
Owned
Unknown
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%
Linamar Corp (LNR-T)
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%
Norman Levine
Managing Director, Portfolio Management Corp
Price
$47.100
Owned
No
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