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Martinrea Stock Symbol: MRE-T

Notes:working to build "space frames" for autos

Definition:auto parts

Last Price Recorded: $12.7400 on 2015-03-30

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Date Signal Expert Opinion Price
2015-03-20 HOLD Norman Levine

It is more controversial than MG-T because it is smaller and they had some issues in the past with earnings and the executive.  It’s doing well so he would keep it here.


Price:
$12.960
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on EUROPE
Owned:
No
2015-03-13 PARTIAL SELL Gavin Graham

The auto industry in North America has been doing really well and stocks have benefited. This is probably in the 7th inning. Management has been a concern, and with new management, there is likely going to be an improvement in the way it is run. Very cyclical and not cheap at the moment. If you own consider taking some profits.


Price:
$12.480
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2015-03-05 WEAK BUY Brian Acker, CA

His model price is $20, or a 54% upside.  It is a cheap way of getting in the space.  But auto parts are in the 8th or 9th inning.


Price:
$12.650
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2015-02-20 COMMENT Bill Carrigan

Has not been a fan of the auto sector lately. The sector is rallying, but this might be the end of the series. Chart shows a price channel with a series of higher lows and higher highs running from 2013 on, so the stock is turning higher. When you have a price channel, you acquire at the lower part of the channel and give up some at the upper part of the channel. If you are a long term investor, you just stay put.


Price:
$11.670
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2015-02-17 COMMENT Colin Stewart

Canadian auto parts company, and is sort of the ugly duckling of the Canadian space. Magna (MG-T) and Linamar (LNR-T) reported very strong results and have had very impressive stock performances over the last couple of years, while this one has been kind of a laggard. There have been some issues with change of management and allegations by the former CEO, but all that seems to have been settled. He is looking at this one right now, and it could be a good opportunity because it trades at a discounted valuation to its peers. 1% dividend yield.


Price:
$11.590
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
BULLISH on US ECONOMY
Owned:
No
2015-02-13 TOP PICK Jon Vialoux

In the consumer discretionary sector and benefiting from the automobile industry uptick in the spring. These tend to do well from the start of the year all the way through to May, when you get a seasonal rise about 75% of the time with an average 20% gain. Chart looks set up to have that move higher again. It broke a down trend line and formed a respectable bottom. The momentum is behind the stock.


Price:
$11.190
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
BULLISH
Owned:
No
2015-02-02 TOP PICK John Zechner

It is a combination of value at 10 times earnings, and growth of 15%.  Most revenue is in US$ and a good chunk of costs are in CAD$.  There is not a parts manufacturer that is as well positioned for the use of aluminum as they are.  There is pretty much nothing, but upside even in a sloppy environment.


Price:
$9.850
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-01-26 TOP PICK Patrick Horan

7 times earnings.  It will grow 15-20% a year over the next 3 years.  They have a new CEO and a board that is a little smarter than the last one.  It is possible this company could get sold.


Price:
$9.540
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2015-01-21 PAST TOP PICK Bruce Campbell (1)

(A Top Pick Jan 7/14. Up 16.04%.) Stock had gotten hit for non-fundamental reasons, so he bought this at around $8. Has pulled back recently with Magna (MG-T), but also had a miss on one of the quarters. They now have a new, impressive CEO, and thinks there is a good chance of it going back to $13-$14 again.


Price:
$9.320
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-06 DON'T BUY Bill Carrigan

Not a fan of the sector. He thinks the auto sector has peaked and the cycle is clearly over. This one is driven by news. He wouldn’t own it.


Price:
$9.720
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2014-12-22 WAIT Don Vialoux

The auto sector has a very strong seasonality with 2 periods of seasonal strength. One is actually coming up pretty soon, from around the end of January, right through until the end of April of each year. Technicals on this stock do not look that good right now. It is currently in a downward trend, so you may want to wait until the period of seasonal strength does arrive. Also, the company has had a controversial time with turmoil on the Board of Directors and a dispute with a former chairman as well.


Price:
$9.840
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-19 TOP PICK John Zechner

He is looking for things that are more deep value oriented. This has some growth over the next couple of years, and is trading at a fairly discounted multiple. There has been some disappointment over the management shuffle and infightings over the past years, but in terms of the programs they have put in place and the spending, he can see an earnings growth over the next couple of years of 35%-40%. Also, they have great exposure to aluminum, and using this in cars is a trend going forward. Yield of 1.21%. Can see it 40%-50%-60% higher in a couple of years.


Price:
$9.770
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-12-05 DON'T BUY David Cockfield

Has had quite a checkered career lately. There has been internal fighting, looks like it is settled and then becomes unsettled again. It has been a bit of a confusing situation. The uncertainties relating to it are probably enough to keep him from adding to his holdings.


Price:
$10.160
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-11-21 TOP PICK John Zechner

Some downside protection and earnings growth is at a very low valuation. Stock was off recently in the last quarter, when they met the earnings, but projections going forward were probably below what the street wanted. Spending a lot of money on programs going forward. As these programs come in, it is going to generate new earnings growth for the next couple of years. Sees them generating better than 10% earnings growth going forward for the next 3 years. Trading at under a 10X forward multiple. Also, they have a great positioning in aluminum parts. Yield of 1.18%.


Price:
$10.380
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-10-31 COMMENT Hap (Robert) Sneddon FCSI

This auto parts manufacturer had a lawsuit hanging over it and the stock really fell, and then recovered and pretty well doubled. Chart shows it has a nice trend line and is a little bit below it. Stochastics indicator is at the high end of its range, so it might be exhausted right now on a short-term basis. He would be careful of the $10.66 level and make sure it holds. A little bit undervalued and a little bit over bought.


Price:
$11.950
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 160 entries
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