Viewing Opinion | StockChase
Magna Int'l. (A) (MG-T) opinion on 2017-09-13

Last Price Recorded: 68.2200 on 2017-11-23

ON STOCKCHASE SINCE Oct 2000

Automotive
COMMENT

Michael Sprung
Magna Int'l. (A) was $59.860 at time of opinion
Owned : Unknown

Has been looking at this recently. On a valuation basis, it looks quite reasonable. What is affecting this is not so much political, but the changing dynamics within the car industry. Between autonomous vehicles possibly coming in, car sharing programs, Uber programs, and the dynamics of how people are going to own automobiles is changing. Nonetheless, someone is still going to have to make the parts and build the components, and this company is well positioned to do that. They have significant manufacturing capabilities globally.

CAUTIOUS

All opinions for MG-T (801)

185 BUY
35 BUY on WEAKNESS
133 COMMENT
86 DON'T BUY
67 HOLD
7 PARTIAL BUY
3 PARTIAL SELL
90 PAST TOP PICK
11 SELL
1 SELL ON STRENGTH
5 STRONG BUY
121 TOP PICK
1 VAGUE
29 WAIT
16 WATCH
11 WEAK BUY
View All

More experts covering MG-T

SAVE
Add MG-T to Watch List

All opinions for MG-T (801)

185 BUY
35 BUY on WEAKNESS
133 COMMENT
86 DON'T BUY
67 HOLD
7 PARTIAL BUY
3 PARTIAL SELL
90 PAST TOP PICK
11 SELL
1 SELL ON STRENGTH
5 STRONG BUY
121 TOP PICK
1 VAGUE
29 WAIT
16 WATCH
11 WEAK BUY
View All

More experts covering MG-T

SAVE
Add MG-T to Watch List

No Comments.


You must be logged in to comment.

Successfully Saved Company