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NYSE:MGA (Magna International)

About MGA

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contracted vehicle assembly. Roughly 46% of Magna's revenue comes from North America while Europe accounts for approximately 43%.
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    • Magna International (NYSE: MGA) Latest News

    Investing

    Warren Buffett’s Favourite Auto Stock

    | Nikhil Kumar

    Magna International Inc (TSX:MG) appears to be an excellent way to gain exposure to the fast growing self-driving car market…

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    Tech Stocks

    GM Strike Cost Magna (TSX:MG) $1 Billion and Boosts Internet of Things

    | Debra Ray

    Magna International (TSX:MG)(NYSE:MGA) reduced its annual sales and net income projections on Friday and opened lower by around $3.32 --…

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    Dividend Stocks

    2 Overvalued TSX Index Stocks That Could Plunge

    | Joey Frenette

    Magna International Inc. (TSX:MG)(NYSE:MGA) and another value trap that could scar your portfolio.

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    Dividend Stocks

    Accelerate Your Wealth Creation With This 1 Growth Stock

    | Victoria Hetherington

    Here’s why Magna International Inc. (TSX:MG)(NYSE:MGA) is a strong buy for investors bullish on the international auto industry.

    Read more »

    Dividend Stocks

    3 Dividend Aristocrats for Your RRSP

    | Ambrose O'Callaghan

    Retirement investors should look to reliable Dividend Aristocrats like Magna International Inc. (TSX:MG)(NYSE:MGA) to fill out their portfolios.

    Read more »

    Stocks for Beginners

    If You’re Worried About a Market Crash, Here Are 2 Industries to Avoid

    | Daniel Da Costa

    Avoiding certain industries that tend to fare worse in market down turns, will help steer you clear of a stock…

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    Dividend Stocks

    2 Dividend-Growth Stocks Every Millennial Should Consider for Their TFSA

    | Jason Phillips

    Two dividend-growth stocks every Canadian millennial should consider for their TFSA accounts include Magna International Inc. (TSX:MG)(NYSE:MGA), which increased its…

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    Investing

    3 Stocks to Load Up on Ahead of the Transportation Boom

    | Amy Legate-Wolfe

    A transportation boom is upon us, and it's a perfect time to buy up stocks, such as Lithium Americas Corp.…

    Read more »

    Tech Stocks

    3 Cheap Growth Stocks to Buy Right Now

    | David Jagielski

    Magna International Inc (TSX:MG)(NYSE:MGA) and these two other stocks could prove to be very good buys over the long run.

    Read more »

    Dividend Stocks

    2 Stocks With the Largest Buybacks

    | Vishesh Raisinghani

    Companies like Magna International Inc. (TSX:MG)(NYSE:MGA) have been relentlessly buying back their own shares, indicating value.

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    Dividend Stocks

    Forget Tesla — Bet on This Canadian Auto Stock Instead!

    | Vishesh Raisinghani

    Parts suppliers like Magna International (TSX:MG) will remain unaffected by the ongoing war over EVs and self-driving.

    Read more »

    Stocks for Beginners

    Why Magna (TSX:MG) Stock Rose 4% in August

    | Debra Ray

    The U.S.-China trade war and foreign direct investment boosted Magna (TSX:MG)(NYSE:MGA) stock in August.

    Read more »