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Weekly 52-Week Low (or 52-Week High): CU-T, OLA-T, CP-T, DND-T and More 52-Week Highs and Lows (Mar 26-Apr 01)TSX flat as Wall Street fadesNvidia, tariffs pressure marketsThis summary was created by AI, based on 26 opinions in the last 12 months.
Magna International (MG-T) has garnered mixed reviews from experts, largely driven by its dependency on the auto industry and the volatile tariff environment affecting trade between Canada and the U.S. While some experts highlight the company's profitability, strong balance sheet, and integrations with major automakers as solid positives, concerns persist about its capital-intensive business model and competitive landscape. The stock has shown potential for recovery, yet many analysts caution against current investments due to significant economic uncertainties, including the potential impact of tariffs and an anticipated recession. There is a consensus that while the valuation looks attractive, the cyclical nature of the automotive sector and challenges posed by the shift towards electric vehicles make it a risky investment at this time.
Don't yet know how things are going to shake out. Rhetoric is at an all-time high. Short term, it's impacting our economy because the US is our largest trading partner. Reality is that there's a lot of value-added auto manufacturing in both Canada and US; the 2 countries are inextricably linked. Tariffs will be punitive for both Canada and the US.
Hope is not an investment strategy, but we have to hope that rational heads can prevail so that there continues to be a steady flow of goods across our borders.
Magna Int'l. (A) is a Canadian stock, trading under the symbol MG-T on the Toronto Stock Exchange (MG-CT). It is usually referred to as TSX:MG or MG-T
In the last year, 18 stock analysts published opinions about MG-T. 14 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Magna Int'l. (A).
Magna Int'l. (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Magna Int'l. (A).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
18 stock analysts on Stockchase covered Magna Int'l. (A) In the last year. It is a trending stock that is worth watching.
On 2025-04-11, Magna Int'l. (A) (MG-T) stock closed at a price of $44.71.
His preference in the space. Very well integrated into the major auto companies, as they can't live without Magna at all. Profitable, makes money every year. Buy it when things look awful.