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

2017-09-13

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

Signal Price Bias Subject Owned
COMMENT $59.860 CAUTIOUS CANADIAN LARGE Unknown

Has been looking at this recently. On a valuation basis, it looks quite reasonable. What is affecting this is not so much political, but the changing dynamics within the car industry. Between autonomous vehicles possibly coming in, car sharing programs, Uber programs, and the dynamics of how people are going to own automobiles is changing. Nonetheless, someone is still going to have to make the parts and build the components, and this company is well positioned to do that. They have significant manufacturing capabilities globally.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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