Buy, Sell or Hold: Magna Int'l. (A) (MG-T) — Stock Predictions at Stockchase

TSE:MG

72.27

3.32 (4.82%) 1d

Showing 1 to 15 of 1,037 entries

WAIT

Likes it as a business. Time is not now. Well run. Great free cashflow, great economics. Well positioned for EV. Watch and wait. Storm clouds of a recession, and this would hurt. Be patient.

Automotive

BUY

Autos are very cyclical and impacted by inflation, so stocks have been weak lately given inflation, the chip shortage and Russia. He expects supplies to improve later this year and there's a pent-up demand for green cars. He expects healthy car sales coming.

Automotive

WEAK BUY

MG vs. LNR Slight preference for MG over LNR. MG is much more global, bigger, and has a bigger presence on the electric side.

Automotive

COMMENT

Car part companies have been hurt, valuations low. They have a lot of European production which is probably negatively impacting them given the Russian war. A quality company that generates a lot of cash flow. He likes the car parts companies because they can and will transition well to e-cars. But shares have disappointed in the past year.

Automotive

WATCH

One name he'd pick in the auto sector is MG, as business economics on the supply side are much stronger and they're in a better position to transition to EVs. MG is a sensible way to have exposure to the sector.

Automotive

HOLD

Caught up in supply chain, issues won't be resolved quickly. Top 5% of value, solid balance sheet, 11x price to earnings. Reasonable payout ratio for yield of 3%. Top-notch management, world-class company. If you have time, hold. He'd want to see price momentum before stepping in.

Automotive

WAIT

In transition from combustion to electric. Well positioned for EV. What will the consumer demand and be willing to pay for? So far, it's a high margin area, but there will be more competition. Industrials have been hit hard, and he can't get a handle on the auto cycle. Underlying fundamentals are good, dividend fine, well managed. Headwinds for consumer, so wait and buy on sale.

Automotive

WAIT

Facing headwinds. Lower production in Europe, rising oil prices, higher commodity costs, inflation, supply chain disruption that's not ending. Bull case is it's cheap and growth will pick up. Don't buy right now, but likes it longer term. Same comments for all auto stocks.

Automotive

BUY

An excellent company well-placed for EVs. He has owned this in the past. This is not a bad pick in this industry.

Automotive

PAST TOP PICK

(A Top Pick Mar 11/21, Down 29%) Great company in the auto parts and auto assembly space. They stopped out at $93 in June. There are supply chain problems in the auto industry and higher oi prices will also put pressure on this sector.

Automotive

BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is cheap based on metrics. Solid balance sheet, and it is well run. Could buy here. The chip shortage won’t last forever. They are well positioned for the move towards EVs. Looks fine to enter for longer term investors. Unlock Premium - Try 5i Free

Automotive

PAST TOP PICK

(A Top Pick Mar 11/21, Down 9%) He got stopped out. Auto stocks have been consolidating on supply chain issues. If it can break $85 and get back above the 200-day MA, he'd be a buyer. It's inexpensive compared to peers. Rising relative to the market.

Automotive

WAIT

Unsure of the auto cycle right now. There was a boom in sales post-pandemic, and a lot of demand has now been satisfied. Good line to EV transition. We're getting late in the cycle, and economic slowdown may impact demand. Stock's done well, so it needs to be in pain before he'd step in.

Automotive

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reported an EPS of $4.20 In 2020 and is expected to rise to $4.70 in 2021. Analysts expect $6.62 for 2022. The stock is quite attractive today based on a PEG of 0.4. Unlock Premium - Try 5i Free

Automotive

BUY

Problems in last year. Supply chain, reduced guidance on bottom line, impacted margins. Good news is it's managing quite well, problems will slowly dissipate, better earnings, higher volumes. Compelling.

Automotive

Showing 1 to 15 of 1,037 entries

Magna Int'l. (A)(MG-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 26

Stockchase rating for Magna Int'l. (A) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Magna Int'l. (A)(MG-T) Frequently Asked Questions

What is Magna Int'l. (A) stock symbol?

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

Is Magna Int'l. (A) a buy or a sell?

In the last year, 26 stock analysts published opinions about MG-T. 21 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Magna Int'l. (A).

Is Magna Int'l. (A) a good investment or a top pick?

Magna Int'l. (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Magna Int'l. (A).

Why is Magna Int'l. (A) stock dropping?

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.

Is Magna Int'l. (A) worth watching?

26 stock analysts on Stockchase covered Magna Int'l. (A) In the last year. It is a trending stock that is worth watching.

What is Magna Int'l. (A) stock price?

On 2022-07-07, Magna Int'l. (A) (MG-T) stock closed at a price of $72.27.

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