Magna International Inc T.MG

Alternate Symbol(s): MGA

Consumer Cyclical Auto Parts

Magna International Inc. is a Canada-based mobility technology company. The Company is a global automotive supplier that 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. It also has electronic and software capabilities across many of these areas. Its segments include Body Exteriors & Structures; Power & Vision; Seating Systems, and Complete Vehicles. Its products include Battery Enclosures, Body-in-White Solutions, Chassis Systems, ADAS and automated driving, control modules, active aerodynamics, exterior systems and modules, lighting, mechatronics, mirrors, electrified powertrain products, Complete Vehicle Engineering and others. Its global network includes approximately 343 manufacturing operations and 105 product development, engineering and sales centers spanning 28 countries.

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Magna International Inc > Mike Vinokur - BNN - TOP PICK

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Comment by Possibleidiot01on Jul 05, 2024 11:50pm

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RE:Mike Vinokur - BNN - TOP PICK

stockchase.com

TOP PICK

Under valued given current stock price. Expecting stronger sales ahead. Auto part sector not favorable right now, but is a good time to buy. Car business presents many customers with aging auto fleet in North America (will require replacement parts). Expecting earnings to rise, especially with EV opportunity.

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