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Compiling comments that experts make about stocks while on public TV.

Linamar Corp Stock Symbol: LNR-T

Notes:Autotransmission & engine parts

Last Price Recorded: $52.7200 on 2016-02-06

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Date Signal Expert Opinion Price
2016-02-05 TOP PICK Allan Meyer

Low debt, good interest coverage and has a 7-8 times on a price to earnings basis going forward. Also, has good free cash flow which can be used to increase the dividend, buy back shares or make an acquisition. Dividend yield of 0.76%.


Price:
$52.720
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-01 PAST TOP PICK Brendan Caldwell

(Top Pick Feb 13/15, Down 29.71%) He sold out before it went down.  The auto sales are down.  He is skeptical of the growth in the auto sector.


Price:
$56.070
Subject:
CANADIAN VALUE
Bias:
SELECTIVELY OPTIMISTIC
Owned:
No
2016-01-05 BUY David Baskin

Auto parts companies traditionally sell at low multiples.  Right now we are probably moving towards the back end of the cycle in auto parts.  We are still seeing robust auto sales in the US.  He owns MG-T, but feels this one is a good choice too.


Price:
$72.550
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-12-16 BUY John Stephenson

Magna (MG-T) or Linamar (LNR-T)? Assuming the Canadian government ratifies the TPP, early indications are that it would have a slightly negatively impact on auto parts companies, primarily because it would reduce the content that has to be produced domestically. Auto parts companies are followers. They lag auto companies themselves, which have had a huge run. Getting late in the game. Prefers Magna, but this is a good company and has done very well as a stock. Also, has the forklift division that offers a little bit of diversity.


Price:
$75.980
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-11 BUY Andrew Hamlin

Linamar (LNR-T) or Magna (MG-T)? 2 high quality auto parts companies. When you think about auto parts, it is really content per vehicle, and you have to assume that that is going to increase. Both companies are doing very well and have a lot of new program wins over the next couple of years, so he thinks we are going to see good content growth going forward. Magna seems to have taken a hit here, and a big chunk of that might be because of its euro exposure, but don’t forget its balance sheet is very strong. On a relative value only, he would pick Magna, but they are both very high quality companies. You could hold both.


Price:
$72.310
Subject:
NORTH AMERICAN - INCOME
Bias:
BULLISH on REITs
Owned:
Unknown
2015-11-26 TOP PICK Michael Simpson, CFA

Transmissions and engines.  Acquired a French company recently.  Good company with good dividends and they own Skyjack.  They benefit from the lower Canadian dollar.  He likes the prospects as they gain market share.  They will continue to raise their dividend modestly.


Price:
$73.420
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
OPTIMISTIC
Owned:
Yes
2015-11-16 COMMENT John Stephenson

This would be a good choice if you wanted to stay within the car manufacturing theme. However, you are still going to have limited upside. This has a smaller footprint and a little more focus than Magna (MG-T) with less exposure to Volkswagen and some of the global issues. They also have the Scissors Lift company, which is doing okay.


Price:
$69.940
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2015-11-13 PAST TOP PICK Brendan Caldwell

(A Top Pick Feb 13/14. Down 12.16%.) Had been very bullish for some time and overweight on the auto parts sector, but in the last while felt there was some vulnerability. While big auto companies are still cranking great sales numbers, he is not sure that it is actually translating into sales at dealerships. Sold his holdings at around $75 in August.


Price:
$68.630
Subject:
CANADIAN VALUE
Bias:
BULLISH on US MARKET
Owned:
No
2015-11-06 DON'T BUY Bill Carrigan

His problem with auto stocks, as a technician, is that when the news is so bright you have to wear shades; that is not the time to be buying. US auto sales are at record levels. Chart shows a one, two, three correction and he doesn’t think it is over yet.


Price:
$73.500
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
No
2015-11-03 WAIT Andy Nasr

Larger than expected gains in auto sales should theoretically carry through to the auto parts suppliers. One concern he has that extends beyond the VW issues, is that there are 5 million off-lease vehicles that are going to flood the market in each of the next few years, which could pressure used vehicle prices, and could result in a slowdown of new vehicle sales. These could be headwinds beyond the next 6 months or year that could threaten auto parts suppliers’ top lines. VW is trying to crack down on some auto parts suppliers in order to increase margins. He has been lightening up on his holdings. If looking for an entry point, wait until the company reports, which maybe will give you a better set up going into next year.


Price:
$77.810
Subject:
DIVIDENDS & REITS
Bias:
OPTIMISTIC
Owned:
Yes
2015-09-10 TOP PICK Allan Meyer

One of his favourites.  He wonders if they are coming under pressure with trade deals.  High Quality, low debt levels with high growth potential.  It is a good opportunity to buy this one.


Price:
$67.290
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Yes
2015-09-09 COMMENT Brian Acker, CA

He would buy it here, but if it has a negative transit of $65.82, he would get out of it. There would be much lower prices ahead if there is a negative thing. It wants to hold in here, but he thinks it breaks and goes lower. This is a cyclical.


Price:
$65.900
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2015-09-03 COMMENT Barry Schwartz

Linamar (LNR-T) or Magna (MG-T)? Has been hurt recently with the market correction and worries about exposure to China. Recent auto sale figures indicate 18 million cars are going to be sold in North America. He is very bullish over the next 4 or 5 years for the car market. Thinks Magna is the best place to be.


Price:
$66.430
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-09-01 PAST TOP PICK Veronika Hirsch

(A Top Pick Aug 20/14. Up 4.09%.) All the car part companies have been pulling back. The China news has affected them more than what has been warranted. Chinese car sales have been weakening, and people have translated that into weaker sales of the car parts. She thinks the European, Canadian and US sales are still robust. This company only has one plant in China. She thinks it has been overdone.


Price:
$66.270
Subject:
CANADIAN & ALTERNATIVE
Bias:
UNKNOWN
Owned:
Yes
2015-08-31 BUY on WEAKNESS Larry Berman CFA, CMT, CTA

Car sales have done really well, but recently we have seen a lot of stocks like this roll over.  Interest rates should stay low and auto sales should be okay.  If you like these long term, then you want to buy them when they are cheap.  It is not deviating significantly from its long term trend.


Price:
$69.110
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
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