Post by
retiredcf on Jul 24, 2021 8:39am
Analyst Recommendation
Last 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
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