Linamar (LNR TSX)
Linamar is an old favourite of mine, stock is cheap selling at about half the market multiple, yet revenues and earnings are forecast to grow 25 per cent over the next two years as this industrial continues to grow market share. Linamar is a quality producer of Industrial lifts (Skyjack), farm machinery and auto parts. The company continues to gain share in all three businesses due to its engineering skills. The company’s revenue suffered from auto customer shutdowns related to COVID-19 and the Ukraine war, as these have now largely dissipated and a huge backlog of new business wins, we expect a strong recovery. I believe the stock should be selling at 12 times EPS which would put it over $100.
Owned personally , in family and fund.