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Bullboard - Stock Discussion Forum 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... see more

TSX:MG - Post Discussion

Magna International Inc > Analyst Recommendation
View:
Post by retiredcf on Mar 19, 2021 7:24am

Analyst Recommendation

https://www.bnnbloomberg.ca/video/john-zechner-discusses-magna-international~2163199

BUY
 
Magna Int'l. (A)
(MG-T)
March 18, 2021
 
Likes the parts sector, and MG is well positioned for the EV market. Winning more EV contracts. Valuation of the sector has diminished. Good balance sheet. Auto sales should stay firm once people start travelling again.
 
AUTOMOTIVE
John Zechner 
 
Price
$115.180
Owned
Yes
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