Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Magna International Inc T.MG

Alternate Symbol(s):  MGA

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

Post by retiredcfon Jul 24, 2021 8:39am
231 Views
Post# 33600578

Analyst Recommendation

Analyst RecommendationLast stock in the clip. He and his family also own the stock personally.  GLTA

https://www.bnnbloomberg.ca/video/norman-levine-s-past-picks~2247592

Magna International (MG TSX)

  • Then: $63.76
  • Now: $100.72
  • Return: 58%
  • Total Return: 62%
PAST TOP PICK
Magna International(MGA-N)
22/07/2021 
 
(A Top Pick Jun 08/20, Up 62%) Would have been a top pick if the deal was taken into account. Likes the outlook for cars. There is huge demand for cars right now, but there is a shortage of chips. Magna has been a big beneficiary of increased auto production. Today's move into automatic driving is a good long term play. It will be dilutive in the short term but will put them in the forefront of the automation in cars.
 
CONSUMER PRODUCTS
 
Norman Levine
$80.930
Owned: Yes
 

<< Previous
Bullboard Posts
Next >>