TSE:MG

Magna Int'l. (A) (MG.TO)

94.71
+0.01 (0.01%)
as of Jun 4, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Magna International (MG-T) has had a tumultuous journey, with heavy investments in electric vehicles (EVs) in 2021 not yielding the expected demand, resulting in significant challenges and the impact of tariffs. However, the company has managed to address its issues with Chinese OEMs and is currently experiencing a notable market share increase in smart door handles and driverless systems. Recent financial results have surprised analysts positively, indicating a strong recovery, although concerns over the continuity of this momentum exist due to potential headwinds from the CUSMA agreement. The auto supply chain’s complexities suggest that investors should assess the cyclical nature of the industry carefully while considering ownership of the stock, especially as it could face further volatility tied to economic conditions and tariff discussions.

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Consensus
Positive
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Valuation
Fair Value
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BUY
A dividend grower but he is looking at it as to where the North American economy and the global automotive sector is going. There is no question that the auto sector is making a rebound and this is a major participant of that.
PAST TOP PICK
(Top Pick Feb 17/11, down 22.88%) Still owns it and loves it. GM now looks interesting to him also. MG has no debt and if there is a cyclical rally going forward he would probably play it that way.
COMMENT
This has always been a company with thin margins. What happens if demand goes down in Europe (they are in that market). Also, new leadership has some people concerned. A weak euro will mean fewer profits. However, he is looking at this company now because of the change in leadership.
COMMENT
Things global growth is on track and the US economy is turning. So this is a company that he likes. Chart is not over convincing. Shows an A B C and he wants the current price to be a low.
PAST TOP PICK
(A TOP PICK Feb 17/11. Down 37.85%.) Still likes and is at a good level. Even if we scratch around at 2% world growth, this company will do well.
TOP PICK
(A Top Pick Jan 5/11. Down 8.09%.) Model price is $53.33, a 50% upside.
BUY
This is the time when industrial stocks should tend to do well. One of his favourite sectors. MG fits the bill. Right now it’s in good shape.
TOP PICK
(Top Pick Nov 10/10, Down 23.78%) Badly neaten up and taken back to almost the 2008 scenario. Market is saying we are into a deep recession in 2012, which he does not believe. Good value, 8x earnings lots of cash. Some issue with fixing business in Europe but he is confident they will fix it.
PAST TOP PICK
(Top Pick October 27/10, Down 16.41%) He got out and made some money. This was one that be moved out of in the spring to raise cash. Thinks auto space is good one to be in during this recovery.
BUY
One of the more stable auto parts manufacturers. Very strong balance sheet with a lot of cash. Very cheap. Has just been buying himself.
BUY
Chart shows nice support at about $36. It is important that this stock is going sideways in a really rotten market. Relative strength is positive. Seasonally, this stock does very well around this time of year. In a tight trading range right now, and once it starts to move out of that, look for a pretty good move.
PAST TOP PICK
(A Top Pick Sept 24/10. Down 10.29%.) Had a 2 for 1 stock split in November. Still a Buy.
WAIT
Likes the auto industry, specifically while there are concerns around the economy. As a result of 2008 there are fewer cars coming off lease so a used car is relatively expensive. If you look at Japan’s spring, there is a shortage of parts. There are now fewer parts suppliers and they are more powerful there. He owns two auto part US companies. Auto should perform better of economy gets a little bit better. Business is currently strong in North America. Wait until the market behaves a bit better before getting into it.
DON'T BUY
Has settled back to book value. It’s neither expensive nor cheap so it is a difficult stock. If we do get a double dip recession or slow down, it is hard to figure what kind of driver would push this one higher. Nothing would compel him to sell it.
DON'T BUY
We have been going through an economic recovery and this period is beginning to look like the 70s where there are shorter recoveries followed up with cyclical declines in the market. He has been reducing his exposure to economically sensitive companies.
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