BNN: ‘Very good, well-managed company. You’re getting it at a discount’: LaBell on Linamar

May 7, 2026

Our Portfolio Manager, Sam LaBell, joined BNN Bloomberg to discuss his outlook on the markets, including his views on Nutrien Ltd. (NYSE, TSX: NTR), Linamar Corp. (TSX: LNR) and Canadian Natural Resources Ltd. (NYSE, TSX: CNQ).

Consumers are cutting back on lower-end spending categories due to high gas prices. “But overall, the consumer remains resilient in the U.S., and we’re seeing that in the earnings,” he said.

As for Linamar, it has quietly has been acquiring a lot of advanced manufacturing capacity and hit a record for new business wins in the first quarter, Sam said. “It’s really a growth company through these really smart acquisitions, trading at a very discounted multiple.”

 

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