Linamar
Toronto symbol LNR, is Canada's second-largest maker of automobile parts after Magna International Inc. It specializes in precision-machined components, assemblies and systems for the North American and European car and truck markets.
AGRIUM INC. $76 (www.agrium.com) has raised its dividend for the first time since 1996. The new semi-annual payout of $0.225 U.S. a share, up 309.1% from $0.055 U.S., has an annualized yield of 0.6%. The company should also continue to benefit from rising crop and livestock prices, which give farmers more money to spend on seeds, fertilizers and other products …read more »
sensitive to swings in the economy than, say, utilities. The best manufacturing stocks (including the four we analyze below) are well-established market leaders that can take advantage of downturns to expand. Their unique products and services are also helping them hang on to customers.
SNC-LAVALIN GROUP INC. $50 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: …read more »
One of the trends in Canadian investing in recent years has been for companies to expand internationally. This strategy can diversify a company’s customer base and add revenue. But it can also add risk.
Linamar Corp. (Toronto symbol LNR; www.linamar.com) makes engines, transmissions and other precision-machined parts for the North American, European and Asian car and truck markets. The company …read more »
LINAMAR CORP. $15 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.7 million; Market cap: $970.5 million; Price-to-sales ratio: 0.4; Dividend yield: 2.1%; TSINetwork Rating: Extra Risk; www.linamar.com) makes engines, transmissions and other precision-machined parts for the North American, European and Asian car and truck markets. The company has 39 plants in Canada, the U.S., Mexico, …read more »
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(In the latest issue of The Successful Investor, we’ve updated our buy/sell/hold advice on Linamar Corp., symbol LNR on Toronto, …read more »
LINAMAR CORP. $20 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.7 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.6%; TSINetwork Rating: Extra Risk; www.linamar.com) makes transmission and driveline systems for carmakers in North America, Europe and Asia. Other products include engines and self-propelled, scissor-type elevating work platforms, which it sells under …read more »
Linamar Corp., symbol LNR on Toronto, is an international engineering company that mainly makes transmission and driveline systems for carmakers in North America, Europe and Asia. The growth stock’s products also include engines and self-propelled, scissor-type elevating work platforms, which it makes under the Skyjack name, plus consumer products, such as lawn mowers and cargo trailers.
Excluding one-time items, such as …read more »
INDIGO BOOKS & MUSIC INC. $15 (www.chapters.indigo.ca) continues to see strong demand for its Kobo e-book downloading service. During the 2010 Christmas shopping season, the company’s e-book sales were 50 times higher than a year earlier. Kobo now has customers in over 130 countries. Hold.
TIM HORTONS INC. $43 (www.timhortons.com) recently opened a new online store that ships its coffee, …read more »
LINAMAR CORP. $20 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.7 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.2%; TSINetwork Rating: Extra Risk; www.linamar.com) continues to benefit from the recovery of the North American auto industry.
The auto-parts maker earned $0.32 a share in the three months ended September 30, 2010. That’s …read more »
LINAMAR CORP. $20 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.7 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.6%; SI Rating: Extra Risk) gets about 90% of its revenue by selling transmissions and other parts to several carmakers. The company also makes self-propelled, scissor-type elevating work platforms under the Skyjack name, plus …read more »
