Magna Int'l. (A)

MG-T

TSE:MG

80.37
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
BUY
BUY
December 1, 2020
Leading auto parts maker, and also at the leading edge of design. Able to supply the electric vehicle market, yet at a dirt cheap multiple. Good to hold into the next business cycle, 2-3 years. It will do well over time, but with volatility along the way. No hesitation buying it today.
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Magna Int'l. (A) (MG-T)
December 1, 2020
Leading auto parts maker, and also at the leading edge of design. Able to supply the electric vehicle market, yet at a dirt cheap multiple. Good to hold into the next business cycle, 2-3 years. It will do well over time, but with volatility along the way. No hesitation buying it today.
BUY
BUY
November 17, 2020
Are they positioned for the e-car sector vs. their peers? Magna is better-positioned vs. Canadian auto suppliers. They have a balance sheet advantage, which is clean, and they have global partners entrenched who are all moving to e-cars. Magna doesn't advertise their business in e-cars, but he firmly believes they are involved and will be further involved a decade from now. They have the balance sheet to buy e-car suppliers. It's a solid, well-run company that sets them up long term. It has growth potential as the world recovers.
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Magna Int'l. (A) (MG-T)
November 17, 2020
Are they positioned for the e-car sector vs. their peers? Magna is better-positioned vs. Canadian auto suppliers. They have a balance sheet advantage, which is clean, and they have global partners entrenched who are all moving to e-cars. Magna doesn't advertise their business in e-cars, but he firmly believes they are involved and will be further involved a decade from now. They have the balance sheet to buy e-car suppliers. It's a solid, well-run company that sets them up long term. It has growth potential as the world recovers.
BUY
BUY
November 6, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Sales were reported to be $9.13B which is down 2%. However, it met estimates. EPS beat estimates by 41%. They announced a buyback and an increase in sales forecasted by 5%. The results should attract attention from more investors. Unlock Premium - Try 5i Free

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Magna Int'l. (A) (MG-T)
November 6, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Sales were reported to be $9.13B which is down 2%. However, it met estimates. EPS beat estimates by 41%. They announced a buyback and an increase in sales forecasted by 5%. The results should attract attention from more investors. Unlock Premium - Try 5i Free

BUY
BUY
October 28, 2020
High quality company, really well managed. Inventory levels are down, as vehicle sales have gone up. Inventory levels need to be rebuilt urgently, so Magna will benefit. One to own at these levels.
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Magna Int'l. (A) (MG-T)
October 28, 2020
High quality company, really well managed. Inventory levels are down, as vehicle sales have gone up. Inventory levels need to be rebuilt urgently, so Magna will benefit. One to own at these levels.
HOLD
HOLD
October 15, 2020
Had a very good run. Positive surprises globally on cars sold. Good international exposure. Valuation makes it hard to get excited about buying today. Future headwinds from electrification, so the multiple will be capped. Should produce a decent quarter, so hold it if you have it.
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Magna Int'l. (A) (MG-T)
October 15, 2020
Had a very good run. Positive surprises globally on cars sold. Good international exposure. Valuation makes it hard to get excited about buying today. Future headwinds from electrification, so the multiple will be capped. Should produce a decent quarter, so hold it if you have it.
TOP PICK
TOP PICK
October 8, 2020
Buy industrials into a recovery. Strong auto demand. Rapidly improving balance sheet. Nice play on global growth. In on the electrification trend. Nice dividend. Cheap. Not a bad risk/reward. Yield is 3.06%. (Analysts’ price target is $77.20)
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Magna Int'l. (A) (MG-T)
October 8, 2020
Buy industrials into a recovery. Strong auto demand. Rapidly improving balance sheet. Nice play on global growth. In on the electrification trend. Nice dividend. Cheap. Not a bad risk/reward. Yield is 3.06%. (Analysts’ price target is $77.20)
HOLD
HOLD
June 29, 2020
The auto industry is currently in complete disarray. How reluctant are people going to be to step up to big purchases after the economic recovery. If you are going to invest in the auto parts industry, you want to be with the big players. It will be a long but jagged recovery.
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The auto industry is currently in complete disarray. How reluctant are people going to be to step up to big purchases after the economic recovery. If you are going to invest in the auto parts industry, you want to be with the big players. It will be a long but jagged recovery.
TOP PICK
TOP PICK
June 8, 2020
He believes car sales ARE going to do well. New car sales are starting to pick up and people are not going back to mass transit or ride-sharing as they will prefer the safety of their cars. They probably have the best balance sheet of all the suppliers in the world. (Analysts’ price target is $65.69)
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He believes car sales ARE going to do well. New car sales are starting to pick up and people are not going back to mass transit or ride-sharing as they will prefer the safety of their cars. They probably have the best balance sheet of all the suppliers in the world. (Analysts’ price target is $65.69)
HOLD
HOLD
February 20, 2020
Cheap, at 8-10x earnings. Good company, balance sheet, business, management. But auto market is suspect, because of current sales slump and electric vehicles. Magna has worked through issues in the past, and it will again.
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Magna Int'l. (A) (MG-T)
February 20, 2020
Cheap, at 8-10x earnings. Good company, balance sheet, business, management. But auto market is suspect, because of current sales slump and electric vehicles. Magna has worked through issues in the past, and it will again.
HOLD
HOLD
February 18, 2020

He likes it. There's a big shift in e-cars, though, and they are impacted by the coronavirus. Magna will survive in both cases, because management is smart, though they may struggle to adjust to supplying e-cars for a while. It's okay to hold.

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Magna Int'l. (A) (MG-T)
February 18, 2020

He likes it. There's a big shift in e-cars, though, and they are impacted by the coronavirus. Magna will survive in both cases, because management is smart, though they may struggle to adjust to supplying e-cars for a while. It's okay to hold.

WEAK BUY
WEAK BUY
February 11, 2020

He owns Linamar instead. Both are suffering from perception with EPS plunging--car sales have peaked and there are fears that ride sharing will dominate more. Will people keep buying new cars? If so, these companies will do well. But both are great companies that should grow market share by acquisition and diversifying their businesses.

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Magna Int'l. (A) (MG-T)
February 11, 2020

He owns Linamar instead. Both are suffering from perception with EPS plunging--car sales have peaked and there are fears that ride sharing will dominate more. Will people keep buying new cars? If so, these companies will do well. But both are great companies that should grow market share by acquisition and diversifying their businesses.

COMMENT
COMMENT
January 31, 2020
LNR vs MG vs MRE? The auto parts sector has had headwinds. He would stick with MG-T as they pay the highest dividend. He would have thought LNR-T would have been more defensive, but an acquistion in the agricultural space has proved to be a failed attempt to diversify. All three look very cheap. He does own MG-T.
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Magna Int'l. (A) (MG-T)
January 31, 2020
LNR vs MG vs MRE? The auto parts sector has had headwinds. He would stick with MG-T as they pay the highest dividend. He would have thought LNR-T would have been more defensive, but an acquistion in the agricultural space has proved to be a failed attempt to diversify. All three look very cheap. He does own MG-T.
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.

Showing 1 to 15 of 970 entries

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

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 13

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, 13 stock analysts published opinions about MG-T. 7 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Bruce Murray on 2020-12-01. 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?

13 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 2020-12-01, Magna Int'l. (A) (MG-T) stock closed at a price of $80.37.