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Magna International Inc. (MG.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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101.30+2.39 (+2.42%)
At close: 04:00PM EST
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  • K
    Kevin
    Hey all what so you think is a reasonable entry price? I had a bid in yesterday for $99.99 didn’t hit....I think once the chip shortage and other supply chain problems end this will start to climb...thanks!
  • G
    Greg
    Maga and Apple: Seen various posts about MGA making the Apple car. Anybody have any specifics as to why this might happen. It would make sense. Does MGA have any competitors that could offer an alternative to MGA to make the cars?
  • G
    Greg
    Why is this not performing, when the market is climbing? Thoughts?
  • M
    Mike
    SOLD 110 shares at 109.35!! It's been almost 5 months since my last trade...glad to be back in action!
  • B
    Bunny
    Apple is likely outsource the Apple car manufacturing to Magna.
  • A
    Andy
    Would like to stake a little money on this one but I'd also like to see those earnings stop dropping q after q and show a true turn around
  • A
    Adam
    Pursuant to the Notice, Magna may purchase up to 29,948,000 Magna Common Shares (the "Bid"), representing approximately 10% of its public float. As at November 1, 2021, Magna had 300,752,976 issued and outstanding Common Shares, including a public float of 299,481,694 Common Shares. The Bid will commence on November 15, 2021 and will terminate no later than November 14, 2022.
  • A
    ALI
    Apple car is coming. Magna will build it! Time to load up boys and girls.
  • J
    Jerry
    Magna will rise!!!
  • B
    Benjo
    I like the company, but this rise is unsustainable. I be buyer around 60, if not 54. The COVID hit is coming.
  • T
    Thomas
    We are getting battered from all sides...Supply Chain..Semi's...So much negative,,,Longs here know when this is over (just question of time) we will have years of tremendous growth ahead..."buy when there is blood in the streets"....or at least dollar cost average monthly as i do...Hang in there my fellow longs
  • T
    Thomas
    I'm Making the call that our stock has hit bottom and i would buy before earnings release. Just my opinion of course...your mileage may vary...Good luck.
  • A
    Adam
    Magna is being responsible and lowering FY guidance. I think that was already known and priced in with the chip shortage and recent sp decline. It’s not an expensive stock at $100 CAD, they have very little debt and strong cash flow. The FY2022 guidance matters more. Let’s see what happens to Stellantis on their ER on Oct 27. Vertical call spreads are probably your friend here.
  • T
    TJ
    dont worry. This stock will recover to $100 by YE 2022 as the economy is improving and supply chains will ease. Plus, the runway for electric vehicles is just ramping up and will really take off in 2025 once new long range batteries come online. Accumulate shares at this price and more so for drops below $80
  • A
    Allen
    this is definitely a long-term play. in a year or so it should be going up pretty well. look at the bright side, at least you're getting a lot more dividend than a bank.
  • d
    david
    Any insights into Magna’s efforts in developing autonomous driving technology, as I believe after EV opportunities this will be the next big thing ?
  • S
    S197
    Opportunity. Back in at 80 after taking some off last week at 86.50. Buy low.
  • W
    WoodStock
    This will fall today.... watch the open drop.
  • M
    Mike
    down $12 a share in just over a week...Every time we get a little momentum going we get slammed. It's almost predictable at this point