Bullboard - Stock Discussion Forum Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's... see more

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Martinrea International Inc > John Zechner - BNN - PAST TOP PICK

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Post by Possibleidiot01 on Oct 01, 2024 4:27pm

John Zechner - BNN - PAST TOP PICK

PAST TOP PICK

(A Top Pick Nov 07/23, Down 8%)

The car sector has disappointed, is floundering. He sold some car stocks, but held onto MRE because it's cheap. Is lots of insider buying and margins are improving. Are almost immune from the EV transition because the components they made can be used in gas as well as electric cars. 8-9x forward PE and a good balance sheet.

metal fabricators

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