TSX:MG (Magna International Inc.)

About MG

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%.
  • Magna International Inc. (TSX: MG) Latest News

    Dividend Stocks

    Magna Stock Soars 15% After Boosting 2023 Guidance

    Magna (TSX:MG) stock saw shares soar after the company reported huge sales as well as updated guidance. But more could…

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    Investing

    Better Buy: Magna International Stock or Linamar Stock?

    Both stocks discussed are good companies. Interested investors should aim to buy low and sell high in cyclical stocks.

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    Dividend Stocks

    Is Now Actually the Right Time to Buy Magna Stock?

    Magna stock is cyclical. So, interested investors should aim to buy low and sell high. It looks okay for long-term…

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    Dividend Stocks

    Should Investors Buy Magna Stock Ahead of Earnings?

    Magna stock (TSX:MG) has had a difficult few years, but it looks like that is all about to change, which…

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    Tech Stocks

    5 Stocks That Can Electrify Your TFSA in Late 2023

    Canadian investors can hold quality TSX stocks in a TFSA and benefit from outsized returns in 2023 and beyond.

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    3 Canadian Stocks That Offer Good Value

    These Canadian stocks offer good value that could lead to strong total returns over the next five years, but the…

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    Car, EV, electric vehicle
    Dividend Stocks

    Magna International’s Role in the EV Revolution and What It Means for Dividend Investors

    Magna International is fast growing into an EV stock. Here's what EV investments mean for Magna stock's dividend.

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    Dividend Stocks

    3 Oversold Stocks to Buy Before They Bounce Back

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    3 Top Canadian Value Stocks in October 2023

    Undervalued TSX stocks such as Nuvei are trading at a steep discount to consensus price target estimates in October 2023.

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    Investing

    The Best Warren Buffett Stocks to Buy With $300 Right Now

    An investing lessons by Warren Buffett was to buy the dip. The market is giving you buying opportunity with these…

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    Investing

    Forget Tesla! 2 Canadian Auto Stocks That Could Roll Higher

    Magna International (TSX:MG) and another Canadian stock to indirectly play the EV boom.

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    Energy Stocks

    2 TSX Undervalued Gems to Buy in September 2023

    Value stocks such as Magna also offer shareholders a tasty dividend yield, making them attractive to income-seeking investors.

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