RE:Bruce Murray - BNN - TOP PICK Its so good to see someone on BNN. LNR is the cheapest growth stock, low risk, with decent ROE (and possible upside on ROE during the next decade).
Its not a ultra high growth, its not a ultra high ROE, its not a ultra high FCF yield stock. Investors don't know what they are missing since LNR has it all in a balanced way, through its growth phases.
When the rates will drop, an organic capacity to growth over 10% a year and deliver 11-12% ROE will be worth gold, certainly not 0,7 times book value.
Still cheap if this stock reach 100$ in 18 months. At that point it would be at 8 times the upcoming 2026 EPS (without considering buybacks).