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

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Magna International Inc > Analyst Recommendation

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Post by retiredcf on Apr 20, 2021 8:03am

Analyst Recommendation

https://www.bnnbloomberg.ca/video/john-zechner-discusses-magna-interntaional~2184147

BUY

Magna Int'l. (A)

(MG-T)

April 19, 2021

The apple car would be a bonus. The bigger play is the valuation is cheap and the positioning is quite good for all in the sector. They can migrate to electric vehicle manufacture almost better than the original equipment manufacturers. The biggest thing you are changing is the power chain.

AUTOMOTIVE

John Zechner

Price

$117.830

Owned

Yes

141