Profit from its strategic embrace of EVs

Linamar continues to rebound from the low of $24.57 on March 23, 2020. The rise reflects stronger demand for new cars following the initial COVID-19 lockdowns. While the global computer chip shortage had forced automakers to slow production, Linamar’s outlook still looks strong as those… Read More

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SAPUTO INC. $35 is still a hold. The dairy producer (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 408.7 million; Market cap: $14.3 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.1%; TSINetwork Rating: Average; www.saputo.com) tends to fuel its growth with acquisitions.
It recently purchased… Read More

Linamar has turned pandemic loss into profit

Linamar has turned pandemic loss into profit

Improved automotive parts sales led to a 70.6% jump in revenue for this company during the most-recent quarter. 

A cost-cutting plan also helped the firm rebound and better positioned it for the industry shift to electric vehicles.

The stock trades at just 9.3 times the company’s 2021… Read More

Q: Electric-operated vehicles look like a big part of the future. But I’m wondering about your Successful Investor auto-parts pick Linamar. How is it preparing for the auto industry’s ramp-up of electrical vehicle production? Thanks.

A: Linamar Corp., $78.65, symbol LNR on Toronto (Shares outstanding: 65.5 million; Market cap: $5.2 billion; www.linamar.com), makes a variety of automotive parts, including cylinder heads and cylinder blocks. It also makes self-propelled, scissor-type work platforms under the Skyjack brand as well as agricultural harvesting… Read More