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MG:CC News and Press, Magna International Inc. From 01/24/24

Stock Information

Company Name: Magna International Inc.
Stock Symbol: MG:CC
Market: TSXC
Website: magna.com

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MG:CC - 3 Cheap Canadian Growth Stocks to Buy Right Now

2024-01-24 15:45:00 ET Amid the hope of the central banks slashing their benchmark interest rates and inflation showing signs of easing, the Canadian equity markets bounced back strongly in the fourth quarter. The S&P/TSX Composite Index rose 7.3% during the period. Despite the stro...

MG:CC - Magna International: Buy This Undervalued Growth Stock

2024-01-24 08:33:14 ET Summary Magna International has lost 26.71% over the past three years, but it is set for a rebound. Technical indicators suggest that MGA stock is entering a bullish trajectory, with the potential for a significant upside. MGA is undervalued and has a br...

MG:CC - Apple scales back its car project while Waymo, Huawei and Xiaomi power up

2024-01-23 16:58:28 ET More on tech and EV stocks Tesla Q4 Earnings Preview: Margins Likely To Slip Again Earnings Previews: Netflix Tuesday Night And Tesla Wednesday Night Tesla: Sell-Off Likely To Accelerate On Weak Q4 Reporting Strap in for Tesla earnings ...

MG:CC - 2 Dirt-Cheap Stocks That Could Rocket in a Recovering Economy

2024-01-23 15:45:00 ET As the economy looks to move through a potential mild recession, investors may wish to pursue stocks on their radar that are on the lower end of the historical valuation range. Indeed, stocks continue to add to the strength encountered in the back half of 2023. Th...

MG:CC - 3 of the Best Canadian Stocks I Plan to Hold Forever

2024-01-22 16:20:00 ET Quality stocks can help investors create game-changing returns for long-term shareholders. You basically need to identify a portfolio of companies that are positioned to grow their earnings at a steady pace each year, resulting in a higher valuation over time. Her...

MG:CC - Trades... Many Trades! - December Dividend Income Report

2024-01-19 01:24:00 ET Summary I always make sure I’m not over-exposed to any single stock. Slowly but surely, the portfolio is taking shape with 10 companies spread across 7 sectors. 2023 was the year of a great comeback. In September 2017, I received slightl...

MG:CC - 3 No-Brainer Stocks to Buy Before a Bull Run

2024-01-18 16:00:00 ET The TSX Composite Index is showing some correction after a Santa Claus rally in the last two months of 2023. The market has been range-bound since June 2022, as rising interest rates divided investors’ attention to the bond market. However, 2024 will see in...

MG:CC - Magna International: Growing EV Demand And Vehicle Production

2024-01-18 07:57:33 ET Summary MG:CA's historical performance has demonstrated a strong recovery from the impact of COVID-19, as revenue has shown strong growth. Global light vehicle production is expected to remain strong, further supporting MG:CA's growth outlook. MG:CA join...

MG:CC - 3 Growth Stocks for Superior Returns in 2024 and Beyond

2024-01-17 16:50:00 ET Growth stocks will have the potential to grow their financials at a superior rate than the industry average, thus offering higher return potential. However, these companies are riskier due to the higher capital requirement to fund their growth initiatives. Also, t...

MG:CC - Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call

AURORA, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG ) (NYSE: MGA ) INVESTOR CONTACT Louis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com 905-726-7035 TELECONFERENCE CONTACT Nancy Hansford, Executive Assistant, Inves...

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