LNR
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 »
When you subscribe to The Successful Investor, our flagship publication, you get access to three high-quality portfolios we’ve built to help you find the best investments for long-term profits. We update all three regularly, and keep them under constant review.
(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., 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: 0.7; 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 »
One part of our three-part investment program is to invest mainly in well-established companies. (The other two parts are to spread your money across the five main economic sectors and avoid stocks in the broker/public-relations limelight.)
Well-established stocks, like the three we analyze below, cut your risk during times of economic uncertainty. All three are leaders in their niche markets. That …read more »
LINAMAR CORP. $19 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.7 million; Market cap: $1.2 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.3%; SI Rating: Extra Risk) gets about 90% of its revenue by selling transmissions and other parts to carmakers. It also makes self-propelled, scissor-type elevating work platforms under the Skyjack name, plus consumer products, …read more »
When you subscribe to The Successful Investor, our flagship publication, you get access to three high-quality portfolios we’ve built to help you profit over the long term.
We update all three regularly, and keep them under constant review to make sure you always get our very best picks among high return investments.
(We’ve updated our buy/sell/hold advice on a company …read more »
LINAMAR CORP. $12 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.7 million; Market cap: $776.4 million; Price-to-sales ratio: 0.3; SI Rating: Extra Risk) lost $48.4 million, or $0.75 a share, in the three months ended June 30, 2009. The loss included a $46.3-million writedown of machinery and equipment that Linamar used to make parts for …read more »
