Martinrea International Inc T.MRE

Terrific Q, beat everywhere

[oldinvestor64]

Also the guidance is strong for 2021 and beyond

[gobig69]

THIS STOCK IS CRAZY..WHY THE BIG DROP

[madmax42]

The reason : Martinrea executives said there have been “hiccups” around semiconductors amid a worldwide shortage, and that it’s likely to be “bumpy” going forward. General Motors said this week than an Ontario plant would have more downtime through at least mid-April. GM is one of several automakers to idle plants this spring amid the chip shortage. Martinrea executives said that there is

[gobig69]

OK OK OK I HEAR YOU..SO IT DOES SAY STRONG BUY...nowis this a really good buying time then...id like to see it hit 20 bucks...i just think when there are shortages in materials its short on more too like copper lumber oil...etc

[fishcarrier]

Yes, the 4th Q was good. But the outlook for the next quarter was disliked. They predicted 36-44 cents for the Q. That's the main reason the stock went down. (Of course for the reasons cited). But overall, they expect 2021 to be as good as 2019 - a record year. So, a little pain, but long-term gain I guess.  It was difficult on Friday to know what to do. I bought more as the price went

[bucheroncapital]

The numbers are there the value is there a little Yield to keep you waiting , I will HOLD and try to buy so more if weakness apear (bellow 12,50$) But a $17,00 Target is realistic !