TSX:MG (Magna International Inc.)

About MG

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contracted vehicle assembly. Roughly 46% of Magna's revenue comes from North America while Europe accounts for approximately 43%.

Magna International Inc. (TSX: MG) Latest News

Automated machines
Tech Stocks

GM Strike Cost Magna (TSX:MG) $1 Billion and Boosts Internet of Things

Magna International (TSX:MG)(NYSE:MGA) reduced its annual sales and net income projections on Friday and opened lower by around $3.32 --…

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Volatile market, stock volatility
Dividend Stocks

2 Overvalued TSX Index Stocks That Could Plunge

Magna International Inc. (TSX:MG)(NYSE:MGA) and another value trap that could scar your portfolio.

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Dividend Stocks

Accelerate Your Wealth Creation With This 1 Growth Stock

Here’s why Magna International Inc. (TSX:MG)(NYSE:MGA) is a strong buy for investors bullish on the international auto industry.

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Dividend Stocks

3 Dividend Aristocrats for Your RRSP

Retirement investors should look to reliable Dividend Aristocrats like Magna International Inc. (TSX:MG)(NYSE:MGA) to fill out their portfolios.

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Stocks for Beginners

If You’re Worried About a Market Crash, Here Are 2 Industries to Avoid

Avoiding certain industries that tend to fare worse in market down turns, will help steer you clear of a stock…

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Dividend Stocks

2 Dividend-Growth Stocks Every Millennial Should Consider for Their TFSA

Two dividend-growth stocks every Canadian millennial should consider for their TFSA accounts include Magna International Inc. (TSX:MG)(NYSE:MGA), which increased its…

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Automated vehicles
Investing

3 Stocks to Load Up on Ahead of the Transportation Boom

A transportation boom is upon us, and it's a perfect time to buy up stocks, such as Lithium Americas Corp.…

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Tech Stocks

3 Cheap Growth Stocks to Buy Right Now

Magna International Inc (TSX:MG)(NYSE:MGA) and these two other stocks could prove to be very good buys over the long run.

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Dividend Stocks

2 Stocks With the Largest Buybacks

Companies like Magna International Inc. (TSX:MG)(NYSE:MGA) have been relentlessly buying back their own shares, indicating value.

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Dividend Stocks

Forget Tesla — Bet on This Canadian Auto Stock Instead!

Parts suppliers like Magna International (TSX:MG) will remain unaffected by the ongoing war over EVs and self-driving.

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Upwards momentum
Stocks for Beginners

Why Magna (TSX:MG) Stock Rose 4% in August

The U.S.-China trade war and foreign direct investment boosted Magna (TSX:MG)(NYSE:MGA) stock in August.

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Investing

Concerned About the Canadian Economy? Buy These 3 Stocks

Fairfax India Financial Corp (TSX:FIH.U) and these two other stocks can give Canadian investors some important geographical diversification in their portfolios.

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