LNR NFI Continiued - Stocktrades Canada

Thanks for answering my previous question Matt I had a follow up question that wasn’t answered I thought I would ask again in a more visible place.

You seem to be positive on both stocks. If you had to choose one to buy which would you prefer?

Thanks!

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Asked on March 29, 2021 6:43 pm

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Ouf - they are both very different stocks.

One is an autoparts manufacturer and the other one is bus manufacturer - it is like picking apples vs oranges. In my portfolio today, I'd pick NFI because I don't have exposure in that area whereas I do have exposure to autoparts manufacturers. Both are similarly valued on a relative basis, but NFI is cheaper as compared to its own historical averages.

Personally, I'd probably take NFI because i like Magna as an autopart manufacturer above all others, despite the fact it is more expensive.

Mat

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Posted by Mathieu Litalien

Answered on March 30, 2021 4:49 am

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