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MGA - Magna International Stock Needs A Bigger Catalyst
Magna International Inc.
Lately, there has been a lot of speculation that Apple will be launching an electric car.
If Apple did release a car, Magna International could become a partner in parts and manufacturing.
Magna has already partnered with LG on EV car parts.
In this article, I make the case that an Apple car would be the perfect catalyst for Magna International--but that the stock is of poor quality otherwise.