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Voyageur Secures First International Sales Contract worth US$1.9 Million (click to learn more)
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Magna International Inc T.MG

Alternate Symbol(s):  MGA

Consumer Cyclical Auto Parts
Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.


TSX:MG - Post by User

Magna International Inc
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(5570)
•••
Post by retiredcfon Jun 05, 2021 8:37am
192 Views
Post# 33335678

Analyst Comment

Analyst Commenthttps://www.bnnbloomberg.ca/video/david-baskin-discusses-magna-international~2216033

WAIT
 
Magna Int'l. (A)
(MG-T)
June 4, 2021
 
Many are swamped with supply chain blockages. They have positioned themselves well for the electric car business. It is a supplier to every major NA and European car manufacturer. It is well placed. That being said, the stock has gone up a lot. Not sure it is a great buying place. Wait for the frenzy of reopening to abate before buying.
 
AUTOMOTIVE
David Baskin 
 
Price
$124.840
Owned
No
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