MG:CC News and Press, Magna International Inc. From 12/27/23

2023-12-27 20:45:00 ET Investing in cheap dividend stocks can help you benefit from a tasty dividend yield and long-term capital gains. Investors need to identify beaten-down stocks that are fundamentally strong, allowing them to benefit from outsized returns over time. Here are two suc...

2023-12-24 09:45:00 ET 2024 could be a mixed bag for the TSX, as economic conditions remain tight. Credit risk could rise in the first half as an interest rate cut will take some time to seep into the economy. Bank stocks could still feel the heat. Meanwhile, oil stocks could decline as...

2023-12-24 05:56:33 ET Summary Granite Real Estate Investment Trust is a Canadian REIT with a diversified portfolio of industrial assets in Canada, the US, Austria, Germany, and the Netherlands. Strong operating performance and thoughtful capital allocation have enabled Granite to...

2023-12-20 16:10:00 ET Canadian investors continue to have passive income on their minds. Yet many seem to focus on dividend income for that goal. However, returns are just as important if you want to create long-term passive income. This is why electric vehicle (EV) stocks still have a...

2023-12-20 15:30:00 ET A lot has changed over the last five years. We’ve gone from a bull market to a bear market to a pandemic to another bull market, and now we’re deep inside a bear market. But things look like there might be some improvements. Even so, it’s uncl...

2023-12-15 21:00:00 ET After two years of stock market bearishness driven by the rising interest rate, there are hopes of a recovery next year. The Bank of Canada paused interest rate hikes, giving some relief to businesses and consumers. The TSX Composite Index seems to have bottom...

2023-12-15 16:10:00 ET After witnessing about 26% value erosion in 2022, shares of Magna International ( TSX:MG ) have traded on a mixed note in 2023 so far. As of December 14, MG stock was trading with 3.3% YTD (year to date) gains at $78.54 per share with the help of a recent reco...

2023-12-15 02:55:00 ET Summary My interest rate on my line of credit was around 3%. As interest rates are likely to hit a plateau soon, chances are that it’s a good thing to be invested in tech stocks. Home Depot reported declining numbers as revenue was down 3% and EPS...

2023-12-14 17:00:00 ET Markets showed signs of life on Wednesday, as the TSX Index rallied by nearly 2% in a single day. Undoubtedly, investors are starting to get really optimistic (dare I say euphoric) going into the new year. Though the risks seem to be eroding, investors should always b...

2023-12-14 16:40:00 ET It’s time to buy Magna International ( TSX:MG ) stock while the recovery rally is just beginning. And I have every reason to be bullish on it. Magna’s stock bottomed out in October and has surged 17% since then. I am bullish on the stock and ...