Magna Int'l. (A)

MG-T

TSE:MG

71.64
0.00 (0.00%)
Magna International Inc. is a Canadian global automotive supplier headquartered in Aurora, Ontario, Canada.
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Analysis and Opinions about MG-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
January 14, 2020
(A Top Pick Jan 25/19, Up 4%) He was too bullish about car sales. We've hit peak car sales. Meanwhile, e-cars keep selling, so where does this leave Magna? He exited.
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Magna Int'l. (A) (MG-T)
January 14, 2020
(A Top Pick Jan 25/19, Up 4%) He was too bullish about car sales. We've hit peak car sales. Meanwhile, e-cars keep selling, so where does this leave Magna? He exited.
HOLD
HOLD
January 10, 2020
They're buying back lots of shares and the stock price still good. Balance sheet good and they beat last quarter. But there's no EPS growth. We've seen Peak Auto. Magna is cyclical. Maybe don't sell it, but can hold it for 20 years. Not excited to enter it now, though.
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Magna Int'l. (A) (MG-T)
January 10, 2020
They're buying back lots of shares and the stock price still good. Balance sheet good and they beat last quarter. But there's no EPS growth. We've seen Peak Auto. Magna is cyclical. Maybe don't sell it, but can hold it for 20 years. Not excited to enter it now, though.
HOLD
HOLD
January 8, 2020

We are living in a strange world where Tesla has a higher market cap than GM. There has been a stall in new car sales globally, especially in China where sales declined. He thinks all the parts manufacturers will suffer to a degree. Magna will be a survivor and will make the transition into electric cars going forward. He would not hesitate to own it for the long term. He does not own it presently.

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Magna Int'l. (A) (MG-T)
January 8, 2020

We are living in a strange world where Tesla has a higher market cap than GM. There has been a stall in new car sales globally, especially in China where sales declined. He thinks all the parts manufacturers will suffer to a degree. Magna will be a survivor and will make the transition into electric cars going forward. He would not hesitate to own it for the long term. He does not own it presently.

PAST TOP PICK
PAST TOP PICK
December 24, 2019
(A Top Pick Dec 28/18, Up 20%) A year we ago, we were entering the start of a 4-year cycle, at a time when investors were scared.
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Magna Int'l. (A) (MG-T)
December 24, 2019
(A Top Pick Dec 28/18, Up 20%) A year we ago, we were entering the start of a 4-year cycle, at a time when investors were scared.
COMMENT
COMMENT
December 17, 2019

Generates good free cash flow. Diversified. A solid, long-term investment. Car sales are under pressure in Europe and China (holding on so far in North America). Also, e-cars are gaining traction, and the car companies must adjust. Magna and Linamar should do well adapting to changes. There's little upside in the car industry in the short term; this space will remain volatile.

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Magna Int'l. (A) (MG-T)
December 17, 2019

Generates good free cash flow. Diversified. A solid, long-term investment. Car sales are under pressure in Europe and China (holding on so far in North America). Also, e-cars are gaining traction, and the car companies must adjust. Magna and Linamar should do well adapting to changes. There's little upside in the car industry in the short term; this space will remain volatile.

HOLD
HOLD
November 28, 2019
Great company. #2 auto parts buyer in the world. Well run. Generates lots of free cash. Crazy cheap. Auto market has turned over. In a trading range right now. Great long-term businesses. If it pulled back 10% or more, he'd be a buyer.
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Magna Int'l. (A) (MG-T)
November 28, 2019
Great company. #2 auto parts buyer in the world. Well run. Generates lots of free cash. Crazy cheap. Auto market has turned over. In a trading range right now. Great long-term businesses. If it pulled back 10% or more, he'd be a buyer.
Alex Ruus

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Price
$73.900
Owned
Unknown
BUY
BUY
November 20, 2019
Despite fears of recession and slow down, we have seen a nice turnaround over the last 8 weeks in autos. MG-T has little exposure to China trade issues. It pays a nice dividend and has a free cash flow yield of 13%. He expects an acceleration in manufacturing is coming and there is strong consumer spending. Yield 2.6%
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Magna Int'l. (A) (MG-T)
November 20, 2019
Despite fears of recession and slow down, we have seen a nice turnaround over the last 8 weeks in autos. MG-T has little exposure to China trade issues. It pays a nice dividend and has a free cash flow yield of 13%. He expects an acceleration in manufacturing is coming and there is strong consumer spending. Yield 2.6%
BUY
BUY
November 8, 2019
Auto parts are always cyclical and volatile. MG is probably the best auto parts company in the world. He thinks the auto space is improving, despite the GM strike. He just bought more for his clients.
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Magna Int'l. (A) (MG-T)
November 8, 2019
Auto parts are always cyclical and volatile. MG is probably the best auto parts company in the world. He thinks the auto space is improving, despite the GM strike. He just bought more for his clients.
TOP PICK
TOP PICK
October 21, 2019
The auto and auto parts industries will do well. Magna has 320 manufacturing locations in 30 countries. 2.8% dividend with extremely good dividend coverage. They have lots of free cash flow. 17% growth forecast for next year. (Analysts’ price target is $76.17)
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Magna Int'l. (A) (MG-T)
October 21, 2019
The auto and auto parts industries will do well. Magna has 320 manufacturing locations in 30 countries. 2.8% dividend with extremely good dividend coverage. They have lots of free cash flow. 17% growth forecast for next year. (Analysts’ price target is $76.17)
WATCH
WATCH
October 18, 2019

A downtrend has been in place since 2017 for LNR-T. It has shown a little relative strength against the S&P recently. Also, another bullish indicator is forming so it should be watched. He is trying to acquire MG-T, if it can break above $50.

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Magna Int'l. (A) (MG-T)
October 18, 2019

A downtrend has been in place since 2017 for LNR-T. It has shown a little relative strength against the S&P recently. Also, another bullish indicator is forming so it should be watched. He is trying to acquire MG-T, if it can break above $50.

BUY
BUY
September 23, 2019
It is an incredibly well run company. They make reasonable profits. Their customers are very happy with them. It is a well diversified company and they make great returns on their capital. They generate a lot of free cash flow. They are very disciplined on that. The risk is that they have no control over the auto cycle. Their margins can get quite compressed. MG-T feels they will have a higher content on electric cars than internal combustion cars.
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Magna Int'l. (A) (MG-T)
September 23, 2019
It is an incredibly well run company. They make reasonable profits. Their customers are very happy with them. It is a well diversified company and they make great returns on their capital. They generate a lot of free cash flow. They are very disciplined on that. The risk is that they have no control over the auto cycle. Their margins can get quite compressed. MG-T feels they will have a higher content on electric cars than internal combustion cars.
HOLD
HOLD
September 20, 2019
Well run with good management. A cyclical business, where car sales are flattening globally. Statistically cheap right now. There may be a 6 month trade in this. A further slowing in the economy, would not hurt this stock materially. He would look for only $3-$4 per share upside before taking profit.
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Magna Int'l. (A) (MG-T)
September 20, 2019
Well run with good management. A cyclical business, where car sales are flattening globally. Statistically cheap right now. There may be a 6 month trade in this. A further slowing in the economy, would not hurt this stock materially. He would look for only $3-$4 per share upside before taking profit.
DON'T BUY
DON'T BUY
September 4, 2019
He sold it a year ago with concerns about the economy slowing and the auto cycle peaking. Also, Magna has a dispute with an Asian joint-venture deal. And the steel tariffs didn't help. They produce things cheaply in Mexico, but sell few products down there, which is a negative, vulnerable to protectionism.
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Magna Int'l. (A) (MG-T)
September 4, 2019
He sold it a year ago with concerns about the economy slowing and the auto cycle peaking. Also, Magna has a dispute with an Asian joint-venture deal. And the steel tariffs didn't help. They produce things cheaply in Mexico, but sell few products down there, which is a negative, vulnerable to protectionism.
DON'T BUY
DON'T BUY
August 28, 2019
Long term? The auto cycle peaked and is declining. Don't own it for the yield, because auto stocks are cyclical. Be cautious here. Swings in valuation mean, don't hold these stocks for a long time, but trade them. He avoids the car space.
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Magna Int'l. (A) (MG-T)
August 28, 2019
Long term? The auto cycle peaked and is declining. Don't own it for the yield, because auto stocks are cyclical. Be cautious here. Swings in valuation mean, don't hold these stocks for a long time, but trade them. He avoids the car space.
PAST TOP PICK
PAST TOP PICK
August 26, 2019
(A Top Pick Sep 05/18, Down 6%) Trades at 7x earnings. cash easily cover its dividend. it's a growth cyclical stock. The auto space is turning over, but he expects only a mild downturn. Over the next three years, MG will generate cash flow equal to a third of the company. Pays a 3% dividend. Still likes it.
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Magna Int'l. (A) (MG-T)
August 26, 2019
(A Top Pick Sep 05/18, Down 6%) Trades at 7x earnings. cash easily cover its dividend. it's a growth cyclical stock. The auto space is turning over, but he expects only a mild downturn. Over the next three years, MG will generate cash flow equal to a third of the company. Pays a 3% dividend. Still likes it.
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