927

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

ON STOCKCHASE SINCE Oct 2000

Automotive

MG
MG
MG

Magna Int'l. (A)
MG-T

148 watching

Join the Discussion

Expert Opinions
0 comments
Your Reaction

0 1 0 0 0

What the experts are saying about MG-T

Signal	Opinion	Expert
HOLD	Magna Int'l. (A)(MG-T) April 24, 2019 He owns it and is glad to see it having a good year. It trades at 8 times earnings -- cheap he thinks. If you are looking at a balanced portfolio, this is good to include. He is not ecstatic about the auto space, he still likes owning it. They sell parts to all the manufacturers. Automotive 0 0 0 0 0 0 comments	He owns it and is glad to see it having a good year. It trades at 8 times earnings -- cheap he thinks. If you are looking at a balanced portfolio, this is good to include. He is not ecstatic about the auto space, he still likes owning it. They sell parts to all the manufacturers. Automotive 0 0 0 0 0 0 comments Kash Pashootan CEO & Chie, First Avenue Investm... Price $0.000 Owned Yes

DON'T BUY	Magna Int'l. (A)(MG-T) April 15, 2019 It's late in the cycle for Magna, though it's done very well. They are vulnerable to an auto war/tariffs, and it faces Tesla and other tech competitors that are coming. Automotive 0 0 0 0 0 0 comments	It's late in the cycle for Magna, though it's done very well. They are vulnerable to an auto war/tariffs, and it faces Tesla and other tech competitors that are coming. Automotive 0 0 0 0 0 0 comments Michael Decter President , Lawrence Decter Inve... Price $72.110 Owned Unknown
DON'T BUY	Magna Int'l. (A)(MG-T) April 11, 2019 Owned this for years, but sold it last October because its valuation got too high. Magna also had problems with a join venture in China, which is difficult to resolve. Add to that the auto cycle is plateauing. Automotive 0 0 0 0 0 0 comments	Owned this for years, but sold it last October because its valuation got too high. Magna also had problems with a join venture in China, which is difficult to resolve. Add to that the auto cycle is plateauing. Automotive 0 0 0 0 0 0 comments Brian Madden Senior VP , Goodreid Investment ... Price $71.270 Owned No
BUY	Magna Int'l. (A)(MG-T) April 9, 2019 He recommended this in December and likes it here. $75 will be an important resistance test. He likes this chart and the auto space. His target is $77-80 to May/June when you could take some profits. Automotive 0 0 0 0 0 0 comments	He recommended this in December and likes it here. $75 will be an important resistance test. He likes this chart and the auto space. His target is $77-80 to May/June when you could take some profits. Automotive 0 0 0 0 0 0 comments Javed Mirza Technical , Canaccord Genuity ... Price $70.240 Owned Unknown
DON'T BUY	Magna Int'l. (A)(MG-T) April 5, 2019 In a trading zone. A dividend grower. He would not be a buyer right now as it is lacking any trending action. It needs to move above $73 until he would be interested. Automotive 0 0 0 0 0 0 comments	In a trading zone. A dividend grower. He would not be a buyer right now as it is lacking any trending action. It needs to move above $73 until he would be interested. Automotive 0 0 0 0 0 0 comments Jeff Parent B. VP & Portf, Castlemoore Inc.... Price $70.340 Owned No
DON'T BUY	Magna Int'l. (A)(MG-T) March 25, 2019 A good company with big cash reserves and fine performance, but there's a lot of negativity in auto parts now. He doubts the stock will rise in the near future, but historically, they survive these down trends and do things like share buybacks. MG could be on his radar down the line. Automotive 0 0 0 0 0 0 comments	A good company with big cash reserves and fine performance, but there's a lot of negativity in auto parts now. He doubts the stock will rise in the near future, but historically, they survive these down trends and do things like share buybacks. MG could be on his radar down the line. Automotive 0 0 0 0 0 0 comments Cole Kachur Senior Wea, ScotiaWealth Managem... Price $63.370 Owned No
DON'T BUY	Magna Int'l. (A)(MG-T) March 13, 2019 He keeps watching it. Great balance sheet. They've been growing their dividend this cycle, but auto sales have rolled over. Magna is still making good money, but trading at 7-8x earnings because the market believes that the auto companies are rolling over; production and sales have rolled over. He's cautious about it. He may buy it 10-15% lower. Automotive 0 0 0 0 0 0 comments	He keeps watching it. Great balance sheet. They've been growing their dividend this cycle, but auto sales have rolled over. Magna is still making good money, but trading at 7-8x earnings because the market believes that the auto companies are rolling over; production and sales have rolled over. He's cautious about it. He may buy it 10-15% lower. Automotive 0 0 0 0 0 0 comments Douglas Kee Chief Inve, Leon Frazer & Associ... Price $66.450 Owned No
WEAK BUY	Magna Int'l. (A)(MG-T) March 11, 2019 Head and shoulders chart and now at the head. Beware of the top, but beyond that he likes this chart. Automotive 0 0 0 0 0 0 comments	Head and shoulders chart and now at the head. Beware of the top, but beyond that he likes this chart. Automotive 0 0 0 0 0 0 comments Elliott Fishman Director o, Trading Services Gro... Price $67.620 Owned Unknown
PAST TOP PICK	Magna Int'l. (A)(MG-T) March 7, 2019 (A Top Pick Feb 06/18, Up 1%) You get the diversification when you own this. They are well positioned to where future growth is coming from. He continues to own it. It is not expensive and you get a reasonable dividend. Automotive 0 0 0 0 0 0 comments	(A Top Pick Feb 06/18, Up 1%) You get the diversification when you own this. They are well positioned to where future growth is coming from. He continues to own it. It is not expensive and you get a reasonable dividend. Automotive 0 0 0 0 0 0 comments Kash Pashootan CEO & Chie, First Avenue Investm... Price $67.380 Owned Yes
DON'T BUY	Magna Int'l. (A)(MG-T) February 28, 2019 It is cheap trading at 8 times forward earnings. Slowing global auto production levels could affect them. 53% of the sales come from the Detroit 3. We are late cycle. Not something he wants to own. Technically doesn't look good. Deep cyclical company. Automotive 0 0 0 0 0 0 comments	It is cheap trading at 8 times forward earnings. Slowing global auto production levels could affect them. 53% of the sales come from the Detroit 3. We are late cycle. Not something he wants to own. Technically doesn't look good. Deep cyclical company. Automotive 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $69.440 Owned No
DON'T BUY	Magna Int'l. (A)(MG-T) February 27, 2019 It is showing good value today, but he worries that the auto cycle is coming to an end. He thinks there will be better buying opportunities in the next few years. The turnaround has been impressive, but the timing is not right. Automotive 0 0 0 0 0 0 comments	It is showing good value today, but he worries that the auto cycle is coming to an end. He thinks there will be better buying opportunities in the next few years. The turnaround has been impressive, but the timing is not right. Automotive 0 0 0 0 0 0 comments Ryan Bushell President, Newhaven Asset Manag... Price $69.630 Owned No
BUY	Magna Int'l. (A)(MG-T) February 27, 2019 You need to own Magna or Linamar, cheap names. Yes, they're cyclical and there's talk of auto sales rolling over and e-cars, but he doesn't believe those fears. These companies continue to put up impressive numbers and are still growing 5% on the topline. They're well-run and diversified. He's not worried about this sector. Insiders are buying their own stocks. Linamar has a great CEO. Automotive 0 0 0 0 0 0 comments	You need to own Magna or Linamar, cheap names. Yes, they're cyclical and there's talk of auto sales rolling over and e-cars, but he doesn't believe those fears. These companies continue to put up impressive numbers and are still growing 5% on the topline. They're well-run and diversified. He's not worried about this sector. Insiders are buying their own stocks. Linamar has a great CEO. Automotive 0 0 0 0 0 0 comments James Telfser Partner & , Aventine Management ... Price $69.630 Owned Unknown
SELL	Magna Int'l. (A)(MG-T) February 26, 2019 Sold it last fall because the auto cycle has peaked here and in Europe. They also have problems with a Chinese joint venture that could become thorny. Their margins were under pressure, partly due from the steel/aluminum tariffs. There's more risk than reward here. He's impressed by the stock, but it's time to lighten up on this. Automotive 0 0 0 0 0 0 comments	Sold it last fall because the auto cycle has peaked here and in Europe. They also have problems with a Chinese joint venture that could become thorny. Their margins were under pressure, partly due from the steel/aluminum tariffs. There's more risk than reward here. He's impressed by the stock, but it's time to lighten up on this. Automotive 0 0 0 0 0 0 comments Brian Madden Senior VP , Goodreid Investment ... Price $70.030 Owned No
COMMENT	Magna Int'l. (A)(MG-T) February 26, 2019 Will this benefit when trade issues are resolved? Yes, but Magna is so diversified and large that e-cars will have a greater impact. Auto sales have been in a lull. PE's are low. Pays a good dividend and stock buyback program. Automotive 0 0 0 0 0 0 comments	Will this benefit when trade issues are resolved? Yes, but Magna is so diversified and large that e-cars will have a greater impact. Auto sales have been in a lull. PE's are low. Pays a good dividend and stock buyback program. Automotive 0 0 0 0 0 0 comments Jamie Murray Head of re, Murray Wealth Group... Price $70.030 Owned Unknown
BUY	Magna Int'l. (A)(MG-T) February 22, 2019 It's not the most gentle chart with an uptrend-downtrend-base pattern. We're probably now breaking out of a base now around $70. If it breaks upwards here it's very bullish. Automotive 0 0 0 0 0 0 comments	It's not the most gentle chart with an uptrend-downtrend-base pattern. We're probably now breaking out of a base now around $70. If it breaks upwards here it's very bullish. Automotive 0 0 0 0 0 0 comments Keith Richards Portfolio , ValueTrend Wealth Ma... Price $71.580 Owned Unknown

Stockchase, in its reporting on what has been discussed by indviduals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

© Stockchase Inc. & Wealthica Financial Technology Inc.