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MG:CC News and Press, Magna International Inc. From 04/07/24

Stock Information

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

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MG:CC - Magna: Attractive Entry For Long Term Returns

2024-04-07 13:07:13 ET Summary Magna International's Q4-2023 results were below consensus, with lower adjusted EBITDA and sales growth. The company's guidance for 2024 showed improvement in adjusted EBIT margin but still fell below consensus expectations. Despite disappointmen...

MG:CC - 1 Dividend Stock Down 42% to Buy Right Now

2024-04-02 10:30:00 ET Investing in undervalued dividend stocks is a proven strategy for generating outsized returns over time. You need to identify a basket of quality stocks that pay shareholders a tasty dividend yield while trading at an attractive valuation. Moreover, these companies sh...

MG:CC - TFSA Investors: These 3 Stocks Are About as Cheap as They Come!

2024-04-02 10:00:00 ET TFSA (Tax-Free Savings Account) investors should look for value where it can be found, even when the search gets just a tad tougher. With the TSX Index off to an incredible start to the year, questions linger as to where the Canadian stock market goes from here. W...

MG:CC - Magna Posts 2023 Annual Report

AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now ...

MG:CC - Growth Investors: The 1 EV Stock to Buy Now

2024-03-20 20:45:00 ET When an average person thinks of Electric Vehicle (EV) stocks, Tesla ( NASDAQ:TSLA ) is naturally the first name that comes to mind. For many, it might be the only name they can pinpoint since the company has set the benchmark for the global EV industry with h...

MG:CC - Magna Stock Partners With General Motors to Create Next Big Thing in Vehicle Software

2024-03-19 21:15:00 ET There has been growing interest in Magna International ( TSX:MG ) once more after the company announced a major partnership with General Motors ( NYSE:GM ). The deal could be the next big thing in vehicle software, going beyond what either company ...

MG:CC - Automotive stocks upgraded at Morgan Stanley; Ford is top pick

2024-03-13 09:49:11 ET More on Asbury Automotive, Adient, etc. Rivian: Sell The R2 Hype (Downgrade) Tesla: Don't Let The Near-Term Challenges Dictate The Future Ford: Consider Selling For 3 Reasons 4 stocks to watch on Wednesday: TSLA, S and more Well...

MG:CC - Here's Why Investors Shouldn't Sleep on Magna Stock

2024-03-08 15:30:00 ET Magna International ( TSX:MG ) is a leading auto parts manufacturer based in Canada. It is one of the largest Canadian companies and was recognized in the Forbes Global 2000 in 2022. The company generates around 46% of revenue from North America and 43% f...

MG:CC - TSX Consumer Discretionary Stocks in March 2024: The Best Stocks to Buy Right Now

2024-03-07 20:00:00 ET Consumer discretionary stocks may not come straight to mind during a period of economic uncertainty, especially as the Bank of Canada (BoC) recently held interest rates steady at 5%. While it was expected, Canadians still weren’t pleased to hear that we cou...

MG:CC - 5 Canadian Stocks to Buy and Hold Forever in Your TFSA

2024-03-07 16:30:00 ET The Tax-Free Savings Account (TFSA) has a limit of $7,000 for 2024. But in which stocks should you invest? The overall stock market has been slightly bearish over anticipation of interest rate decisions. A 5% interest rate has dried up money in the market and forced m...

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