Magna Int'l. (A)

MG-T

TSE:MG

60.83
0.61 (0.99%)
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
January 7, 2019
LNR-T vs. MG-T. MG-T is the third largest global auto parts manufacturer on the planet and so are very dependent on the growth of autos. He thinks worries about ride-share taking over and reducing auto ownership are over grown. LNR-T is concentrated within the drive-train of the vehicle. They are capturing market share globally and own the industry in North America. Electric vehicles will have no gears in them, but LNR-T will build drive trains for electric autos. They also own two other businesses: Skyjack, and a farm machinery business they acquired last year. LNR-T can grow faster when the businesses are booming, but MG-T has less debt.
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Magna Int'l. (A) (MG-T)
January 7, 2019
LNR-T vs. MG-T. MG-T is the third largest global auto parts manufacturer on the planet and so are very dependent on the growth of autos. He thinks worries about ride-share taking over and reducing auto ownership are over grown. LNR-T is concentrated within the drive-train of the vehicle. They are capturing market share globally and own the industry in North America. Electric vehicles will have no gears in them, but LNR-T will build drive trains for electric autos. They also own two other businesses: Skyjack, and a farm machinery business they acquired last year. LNR-T can grow faster when the businesses are booming, but MG-T has less debt.
HOLD
HOLD
January 4, 2019
He likes the global exposure compared to its competitors. The recent tariff and trade rhetoric with China, it took a hit. It should do well going forward, trading under 10 times earnings. It is well run and diversified.
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Magna Int'l. (A) (MG-T)
January 4, 2019
He likes the global exposure compared to its competitors. The recent tariff and trade rhetoric with China, it took a hit. It should do well going forward, trading under 10 times earnings. It is well run and diversified.
BUY
BUY
January 2, 2019
All car stocks are now very cheap. Investors are nervous over Europe; Magna is 40% European. This is well-managed. He'd rather own the car parts makers than the auto-makers. Good entry points for the entire group. He's owned Magna in the past, but finds Linamar cheaper. Parts-makers are trading at super-low 4x earnings.
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Magna Int'l. (A) (MG-T)
January 2, 2019
All car stocks are now very cheap. Investors are nervous over Europe; Magna is 40% European. This is well-managed. He'd rather own the car parts makers than the auto-makers. Good entry points for the entire group. He's owned Magna in the past, but finds Linamar cheaper. Parts-makers are trading at super-low 4x earnings.
TOP PICK
TOP PICK
December 28, 2018
Pretty excited about. Same thing is going on that went on during the last 4-year cycle reset in 2016. Coming back to major support around $60. Going strongly in terms of value. Looks great at these levels. Will be more volatility ahead, but investing is all about risk/reward. Discretionary should outperform the broader market. Yield is 2.8%. (Analysts’ price target is $79.13)
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Magna Int'l. (A) (MG-T)
December 28, 2018
Pretty excited about. Same thing is going on that went on during the last 4-year cycle reset in 2016. Coming back to major support around $60. Going strongly in terms of value. Looks great at these levels. Will be more volatility ahead, but investing is all about risk/reward. Discretionary should outperform the broader market. Yield is 2.8%. (Analysts’ price target is $79.13)
BUY
BUY
December 27, 2018
He flip-flops between this and Linamar (which he currently owns). Uber is disruptive so investors don't know how the car market will look in five years. Also China's auto sales have declined for the first time in a long time. But the earnings are so cheap, around 8x P/E, that the stock looks attractive. MG can outgrow currents problems and give investors a nice return. There are still long-term opportunities to grow.
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Magna Int'l. (A) (MG-T)
December 27, 2018
He flip-flops between this and Linamar (which he currently owns). Uber is disruptive so investors don't know how the car market will look in five years. Also China's auto sales have declined for the first time in a long time. But the earnings are so cheap, around 8x P/E, that the stock looks attractive. MG can outgrow currents problems and give investors a nice return. There are still long-term opportunities to grow.
BUY
BUY
December 13, 2018
Anything in the auto space has been quite challenged. He feels this is one of the more conservative ways to play the auto sector. It is cheap on a valuation basis. They are into driver autonomy and electrification and are a leader in these. You need to be patient with it because auto sales will not go through the roof any time soon.
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Magna Int'l. (A) (MG-T)
December 13, 2018
Anything in the auto space has been quite challenged. He feels this is one of the more conservative ways to play the auto sector. It is cheap on a valuation basis. They are into driver autonomy and electrification and are a leader in these. You need to be patient with it because auto sales will not go through the roof any time soon.
DON'T BUY
DON'T BUY
December 11, 2018
She doesn't own this sector because of concerns (peak auto, tariffs, GM closings). But if she were to buy this sector, this would be her choice, because they have a global presence, especially Europe where they can improve their margins.
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Magna Int'l. (A) (MG-T)
December 11, 2018
She doesn't own this sector because of concerns (peak auto, tariffs, GM closings). But if she were to buy this sector, this would be her choice, because they have a global presence, especially Europe where they can improve their margins.
HOLD
HOLD
December 11, 2018
It's unfortunate that it didn't gain from the USMCA deal. He exited a while ago to avoid dealing with that noise. It's trading at 9x and growing earnings at double digits. Very profitable and re-tooling on the driverless car front. All positive, but it's been tough. If you hold, sit tight. Don't enter it.
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Magna Int'l. (A) (MG-T)
December 11, 2018
It's unfortunate that it didn't gain from the USMCA deal. He exited a while ago to avoid dealing with that noise. It's trading at 9x and growing earnings at double digits. Very profitable and re-tooling on the driverless car front. All positive, but it's been tough. If you hold, sit tight. Don't enter it.
DON'T BUY
DON'T BUY
December 10, 2018
It is a leader in the auto parts industry but it is so large that it has to grow with the industry. You might want to take a look at LNR-T.
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Magna Int'l. (A) (MG-T)
December 10, 2018
It is a leader in the auto parts industry but it is so large that it has to grow with the industry. You might want to take a look at LNR-T.
COMMENT
COMMENT
November 30, 2018
There is an overhang in the auto parts space. He thinks it has good value and trades at a good multiple. Fears of cyclicality appear overblown to him. (Analysts’ price target is $78.50)
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Magna Int'l. (A) (MG-T)
November 30, 2018
There is an overhang in the auto parts space. He thinks it has good value and trades at a good multiple. Fears of cyclicality appear overblown to him. (Analysts’ price target is $78.50)
COMMENT
COMMENT
November 27, 2018
He likes Magna, a terrific company with plants spread all across North America. Maybe it's down today, because Trump said today he'd closed the Mexican border which would put any car factory in Canada and the U.S. out of business within one day. An outrageous idea that'll never happen. Tariffs on European cars could happen. There are fewer passenger cars sold in North America, but a lot of trucks and SUVs are.
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Magna Int'l. (A) (MG-T)
November 27, 2018
He likes Magna, a terrific company with plants spread all across North America. Maybe it's down today, because Trump said today he'd closed the Mexican border which would put any car factory in Canada and the U.S. out of business within one day. An outrageous idea that'll never happen. Tariffs on European cars could happen. There are fewer passenger cars sold in North America, but a lot of trucks and SUVs are.
BUY WEAKNESS
BUY WEAKNESS
November 21, 2018
Their Q3 earnings beat. They made only minor revisions to guidance. They trade at only 7x 2019, lower than peers. Good balance sheet. But their growth is slowing down. He wouldn't buy it now, but it's okay to hold. It'll be higher 3-5 years from now.
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Magna Int'l. (A) (MG-T)
November 21, 2018
Their Q3 earnings beat. They made only minor revisions to guidance. They trade at only 7x 2019, lower than peers. Good balance sheet. But their growth is slowing down. He wouldn't buy it now, but it's okay to hold. It'll be higher 3-5 years from now.
WAIT
WAIT
November 16, 2018
Autos have been under pressure. Hard to recommend, but it’s sitting in a very nice area. It’s on a downward trajectory for the short term. He’d pull the trigger around $60.
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Magna Int'l. (A) (MG-T)
November 16, 2018
Autos have been under pressure. Hard to recommend, but it’s sitting in a very nice area. It’s on a downward trajectory for the short term. He’d pull the trigger around $60.
BUY WEAKNESS
BUY WEAKNESS
November 8, 2018
It has a bigger European exposure than LNR-T. You are subject to global trade agreements and the auto cycle. He would buy auto parts companies to take advantage of the weakness.
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Magna Int'l. (A) (MG-T)
November 8, 2018
It has a bigger European exposure than LNR-T. You are subject to global trade agreements and the auto cycle. He would buy auto parts companies to take advantage of the weakness.
SELL STRENGTH
SELL STRENGTH
November 1, 2018
The uptrend has been broken. There was a significant uptrend since 2016 and then it has fallen out of bed. (Analysts’ price target is $80.79)
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Magna Int'l. (A) (MG-T)
November 1, 2018
The uptrend has been broken. There was a significant uptrend since 2016 and then it has fallen out of bed. (Analysts’ price target is $80.79)
BUY
BUY
October 23, 2018

He likes the company. They recently divested the company not so much because they don’t like the company but because they like the competitor Linamar Corp (LNR-T) better. He likes the stock as well now.

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Magna Int'l. (A) (MG-T)
October 23, 2018

He likes the company. They recently divested the company not so much because they don’t like the company but because they like the competitor Linamar Corp (LNR-T) better. He likes the stock as well now.

BUY
BUY
October 16, 2018

He's whethered some negative performance and is hanging on. They're well-positioned globally to make car parts but also assemble entire cars. Their business will grow as other names die off, because they can't adapt to changes. Magna has put plants in Europe. They can move production around now that NAFTA is resolved, though it will take a few quarters.

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Magna Int'l. (A) (MG-T)
October 16, 2018

He's whethered some negative performance and is hanging on. They're well-positioned globally to make car parts but also assemble entire cars. Their business will grow as other names die off, because they can't adapt to changes. Magna has put plants in Europe. They can move production around now that NAFTA is resolved, though it will take a few quarters.

BUY WEAKNESS
BUY WEAKNESS
October 12, 2018

In light of Stronach suing his daughter, this is an interesting stock. Recently they reached 2 times book value – an extended valuation given how late we are in the business cycle. If the stock dropped another $6 it would be back to fair value.

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Magna Int'l. (A) (MG-T)
October 12, 2018

In light of Stronach suing his daughter, this is an interesting stock. Recently they reached 2 times book value – an extended valuation given how late we are in the business cycle. If the stock dropped another $6 it would be back to fair value.

BUY WEAKNESS
BUY WEAKNESS
October 5, 2018

When concern over NAFTA emerged, the Canadian economy could have been effected but not the stock market – except for auto manufacturers. As interest rates rise, the first thing to get hit seems to be auto sales in the US. He would consider buying on further weakness.

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Magna Int'l. (A) (MG-T)
October 5, 2018

When concern over NAFTA emerged, the Canadian economy could have been effected but not the stock market – except for auto manufacturers. As interest rates rise, the first thing to get hit seems to be auto sales in the US. He would consider buying on further weakness.

WEAK BUY
WEAK BUY
October 5, 2018

Don’t make a judgment based on last couple of days. It’s diversified, and extremely successful over the years. Has always been a bit expensive, but could be a buying opportunity here. One of best managed auto parts companies. (Analysts’ price target is $87.33.)

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Magna Int'l. (A) (MG-T)
October 5, 2018

Don’t make a judgment based on last couple of days. It’s diversified, and extremely successful over the years. Has always been a bit expensive, but could be a buying opportunity here. One of best managed auto parts companies. (Analysts’ price target is $87.33.)

COMMENT
COMMENT
October 1, 2018

In light of the USMCA (NAFTA deal) deal today: Magna is a world-class company, but autos are late in the cycle.

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Magna Int'l. (A) (MG-T)
October 1, 2018

In light of the USMCA (NAFTA deal) deal today: Magna is a world-class company, but autos are late in the cycle.

BUY
BUY
September 28, 2018

Being held back by NAFTA concerns. Lowered their outlook, and stock pulled back more than it ought. Sees 11% EPS growth. Very cheap compared to peers. Can buy around $68. If NAFTA goes through, it’s good for a bit of a rally.

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Magna Int'l. (A) (MG-T)
September 28, 2018

Being held back by NAFTA concerns. Lowered their outlook, and stock pulled back more than it ought. Sees 11% EPS growth. Very cheap compared to peers. Can buy around $68. If NAFTA goes through, it’s good for a bit of a rally.

HOLD
HOLD
September 21, 2018

Once concerns over NAFTA are ironed out this stock should recover. If you own it, continue to hold.

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Magna Int'l. (A) (MG-T)
September 21, 2018

Once concerns over NAFTA are ironed out this stock should recover. If you own it, continue to hold.

DON'T BUY
DON'T BUY
September 12, 2018

NAFTA overhang has held the stock back. Just crossed below the 200-day moving average. Has a 10% growth rate. We’re getting late in the cycle. If we start to see a slowdown, and people renting cars, that will hurt Magna.

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Magna Int'l. (A) (MG-T)
September 12, 2018

NAFTA overhang has held the stock back. Just crossed below the 200-day moving average. Has a 10% growth rate. We’re getting late in the cycle. If we start to see a slowdown, and people renting cars, that will hurt Magna.

WAIT
WAIT
September 11, 2018

She doesn’t own any auto parts companies and sees the recent price declines as a direct reflection of the NAFTA uncertainty. If she was going to buy in this sector, she would look first at Magna, which is diversifying into the EU. She will wait until after there is clarity about NAFTA, even though that clarity will cause prices to rise (if the news is good) before she buys the stock.

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Magna Int'l. (A) (MG-T)
September 11, 2018

She doesn’t own any auto parts companies and sees the recent price declines as a direct reflection of the NAFTA uncertainty. If she was going to buy in this sector, she would look first at Magna, which is diversifying into the EU. She will wait until after there is clarity about NAFTA, even though that clarity will cause prices to rise (if the news is good) before she buys the stock.

DON'T BUY
DON'T BUY
September 10, 2018

LNR-T vs. MG-T. LRN-T has been overly beat up. MG-T is less exposed to the trade wars. He thinks LNR-T is a better buy.

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Magna Int'l. (A) (MG-T)
September 10, 2018

LNR-T vs. MG-T. LRN-T has been overly beat up. MG-T is less exposed to the trade wars. He thinks LNR-T is a better buy.

WATCH
WATCH
September 10, 2018

It is a buy where it is despite NAFTA troubles which are baked into the stock price. But he would stay on the sidelines until the dust settles even though it might be higher then.

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Magna Int'l. (A) (MG-T)
September 10, 2018

It is a buy where it is despite NAFTA troubles which are baked into the stock price. But he would stay on the sidelines until the dust settles even though it might be higher then.

TOP PICK
TOP PICK
September 5, 2018

Trade fears have led to a sell-off. Trump doesn't believe in facts and is a loudmouth. Magna has good fundamentals, and the volatility creates a fine opportunity. Magna is a bargain now. (2.5% dividend, Analysts' price target: $87.65)

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Magna Int'l. (A) (MG-T)
September 5, 2018

Trade fears have led to a sell-off. Trump doesn't believe in facts and is a loudmouth. Magna has good fundamentals, and the volatility creates a fine opportunity. Magna is a bargain now. (2.5% dividend, Analysts' price target: $87.65)

COMMENT
COMMENT
August 29, 2018

He likes it with 50 plants across North America, including Mexico. If NAFTA goes down, then Magna goes down. Trading at a low multple, but missed its earnings target in the last quarter. They are ready for the e-car revolution. He has a lot of faith in Magna.

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Magna Int'l. (A) (MG-T)
August 29, 2018

He likes it with 50 plants across North America, including Mexico. If NAFTA goes down, then Magna goes down. Trading at a low multple, but missed its earnings target in the last quarter. They are ready for the e-car revolution. He has a lot of faith in Magna.

BUY WEAKNESS
BUY WEAKNESS
August 27, 2018

A lot of its operations are in the US and in Mexico. In the next 1 to 2 years it is going to be a volatile name in his view. Over the longer time it is a very well run company. Overall car sales have been at record levels recently. This is the first treason to cause some volatility. They are becoming an outsourcing company where car manufacturers approach them to build more and more of their car content. He is not ready to pull the trigger right now during trade negotiations, however.

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Magna Int'l. (A) (MG-T)
August 27, 2018

A lot of its operations are in the US and in Mexico. In the next 1 to 2 years it is going to be a volatile name in his view. Over the longer time it is a very well run company. Overall car sales have been at record levels recently. This is the first treason to cause some volatility. They are becoming an outsourcing company where car manufacturers approach them to build more and more of their car content. He is not ready to pull the trigger right now during trade negotiations, however.

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