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Compiling comments that experts make about stocks while on public TV.

2017-01-09

Opinion for Magna Int'l. (A) (MG-T)

Signal Price Bias Subject Owned
DON'T BUY $58.610 UNKNOWN NORTH AMERICAN - LARGE & ETFs Unknown

A year and a half of price weakness and then post-election it has done well along with some other car companies.  You are smack dab in the middle of the trading range.  He does not see a rosy outlook here and sees more downside risk than upside.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc. http://www.etfcm.com

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