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Bullboard - Stock Discussion Forum 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... see more

TSX:MG - Post Discussion

Magna International Inc > Analyst Recommendation
View:
Post by retiredcf on Jul 28, 2021 9:13am

Analyst Recommendation

https://www.bnnbloomberg.ca/video/greg-newman-discusses-magna-international~2249286

BUY on WEAKNESS
Magna Int'l. (A)(MG-T)
26/07/2021
 
The Veoneer deal will be accretive starting in 2023. MG paid more, but it gives MG a leg into advance driving systems. Magna will continue to grow. Buy this dip. It still trades at a reasonable valuation and offers a good growth rate. It reminds him of Transforce. [Note: some audio problems]
 
AUTOMOTIVE
 
Greg Newman
$101.510
Unknown
 
Comment by pantonor on Jul 28, 2021 9:18am
This post has been removed in accordance with Community Policy
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