Magna Int'l. (A) (MG-T) Stock Predictions - Stockchase
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Magna Int'l. (A) (MG-T)

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Magna Int'l. (A)

MG-T

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Magna Int'l. (A) (MG-T) SAVE Apr, 24, 2019, 5:15 pm

75.59 0.07 (0.09%)

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

Magna International Inc. is a Canadian global automotive supplier headquartered in Aurora, Ontario, Canada. More at Wikipedia

What the experts are saying about MG-T



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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.
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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
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Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$0.000
Owned 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.
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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
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Michael Decter

President , Lawrence Decter Inve...

Price Price
$72.110
Owned 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.
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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
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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$71.270
Owned 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.
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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
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Javed Mirza

Technical , Canaccord Genuity ...

Price Price
$70.240
Owned 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.
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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
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Jeff Parent B.

VP & Portf, Castlemoore Inc....

Price Price
$70.340
Owned 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.
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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
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Cole Kachur

Senior Wea, ScotiaWealth Managem...

Price Price
$63.370
Owned 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
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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
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Douglas Kee

Chief Inve, Leon Frazer & Associ...

Price Price
$66.450
Owned 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.
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Head and shoulders chart and now at the head. Beware of the top, but beyond that he likes this chart.
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Elliott Fishman

Director o, Trading Services Gro...

Price Price
$67.620
Owned 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.
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(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
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Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$67.380
Owned 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.
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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.
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Stan Wong

Director &, Private Wealth Manag...

Price Price
$69.440
Owned 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
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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
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Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$69.630
Owned 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
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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
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James Telfser

Partner & , Aventine Management ...

Price Price
$69.630
Owned 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
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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
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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$70.030
Owned 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
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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
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Jamie Murray

Head of re, Murray Wealth Group...

Price Price
$70.030
Owned 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
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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 Price
$71.580
Owned Owned
Unknown

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