Magna International
MGA-N
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About Magna International (MGA-N)
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(August 1, 2017, Up 45%) The auto cycle is still going strong as car production rises. Magna has done very, very well. E-cars haven't wiped out gas cars The entire car sector is cheap. Magna is trading at only 9x forward earnings. A very well-run company with strong earnings growth. They have exposure to the powertrain which is not going away anytime soon.
(August 1, 2017, Up 45%) The auto cycle is still going strong as car production rises. Magna has done very, very well. E-cars haven't wiped out gas cars The entire car sector is cheap. Magna is trading at only 9x forward earnings. A very well-run company with strong earnings growth. They have exposure to the powertrain which is not going away anytime soon.
Sold a $50 Sept Put for $6.50. Now $4.50, so should I buy it back? Great trade although he would have done it for only one month. Just sit on it and if you get Put, you’ve got a great stock.
Sold a $50 Sept Put for $6.50. Now $4.50, so should I buy it back? Great trade although he would have done it for only one month. Just sit on it and if you get Put, you’ve got a great stock.
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