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NYSE:MGA

Magna International (MGA)

65.36
+0.01 (0.01%)
as of Jun 18, 2026, 7:59:59 pm Market Open.
45 watching
0
COMMENT
Company recently cut guidance which has disappointing investors. High inflation, supply chain issues creating challenges for company. Low stock price creating opportunity for investors. Investors will be rewarded over the long term (3 years).
COMMENT
Company recently cut guidance which has disappointing investors. High inflation, supply chain issues creating challenges for company. Low stock price creating opportunity for investors. Investors will be rewarded over the long term (3 years).
PARTIAL BUY
Model price of $105.79, 36% upside, but we've had a collapse in the stock. He'd buy a half position here, and look for a bounce. Sell at the $112 level. If it goes below $68, he'd be worried, though there's no indication of this yet.
BUY ON WEAKNESS
It's good, making fine products. Wait 3-4 weeks and if it breaks down buy more (if already own).
PAST TOP PICK
(A Top Pick Jun 08/20, Up 62%) Would have been a top pick if the deal was taken into account. Likes the outlook for cars. There is huge demand for cars right now, but there is a shortage of chips. Magna has been a big beneficiary of increased auto production. Today's move into automatic driving is a good long term play. It will be dilutive in the short term but will put them in the forefront of the automation in cars.
BUY
They report Friday. A red-hot auto market is a plus, and Magna is the best parts assembler including e-cars. Magna could be exciting.
BUY
Driven by big pent-up demand for cars after the lockdown this year. MGA is the third-biggest auto parts company in the world. The stock has run up lately, but there's still upside.
DON'T BUY
Cyclical. 200-day moving average has been falling. Stock meandering sideways. Cheap at 8.8x, but it's cheap for a reason. Late cycle. Risk is its reliance on Detroit automakers.
HOLD
Industrials have suffered. Moving in a bit of a range. If the market perked up, it could get back to the $70 range. Good solid support back to 2017 levels, around $60. Not a lot of risk or reward right now. If you own it, hold and see if you can get $70 at least.
HOLD
Historically the time to buy auto stocks is when things look bleak for the industry. This is a top quality company in the space. The auto cycle has been softening and this is causing auto parts stocks to sell off. He would not sell out of any holding at this time.
HOLD
Whole industry is out of favour. His instinct is not to sell a well capitalized company, just because stock price is down. Global leader. No one has a great understanding of where the industry is going. Global slowdown. Magna has staying power. His instinct says to live with it, if you own it. Tough sector to be in.
PAST TOP PICK

(August 1, 2017, Up 45%) The auto cycle is still going strong as car production rises. Magna has done very, very well. E-cars haven't wiped out gas cars The entire car sector is cheap. Magna is trading at only 9x forward earnings. A very well-run company with strong earnings growth. They have exposure to the powertrain which is not going away anytime soon.

PAST TOP PICK
(A Top Pick Dec 1/12. Down 30.04%.) Stopped out. Would be a Buy now.
HOLD
Sector is healthy and this should work higher. A beneficiary of global growth. Expect the sector will surprise.
COMMENT

Sold a $50 Sept Put for $6.50. Now $4.50, so should I buy it back? Great trade although he would have done it for only one month. Just sit on it and if you get Put, you’ve got a great stock.

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