Magna International (TSX:MG), a Canadian auto parts supplier, announced on Thursday that it will invest $790 million to build three new supplier facilities to meet the rising demand for parts as autom

3 Battery Stocks for Getting Rich in 2023

03:16pm, Tuesday, 18'th Jul 2023
Battery stocks have been in hot demand for years as investors, particularly as electric vehicles (EV) gained momentum. While its true that the shift away from fossil-fuel powered cars has been a catal
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Magna (MGA) could be a great choice. It is one of the several stocks that passed thr

5 Low Price-to-Book Stocks Worth Buying in July

08:49am, Wednesday, 12'th Jul 2023
The P/B ratio helps to identify low-priced stocks that have high growth prospects. Magna International (MGA), Paramount Group (PGRE), Unum Group (UNM), StoneCo Ltd.

Magna Announces Date for Q2 2023 Results Call

09:43am, Wednesday, 05'th Jul 2023
AURORA, Ontario, July 05, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA ANNOUNCES DATE FOR  Q2 2023 RESULTS CALL FRIDAY – AUGUST 4, 2023 8:00 AM ET DIAL IN NUMBERS T
When you mention EV stocks, I bet most people immediately think of Tesla (NASDAQ: TSLA ), Elon Musk, American legacy manufacturers releasing electric versions of popular models, and perhaps a few Chin
Magna (MGA) beats Q1 earnings estimates on better-than-expected EBIT in the Body Exteriors & Structures, Seating Systems and Complete Vehicles segments.
Magna (MGA) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.28 per share a year ago.
In the past year, Magna International (-16.35%) has both trailed the broad market, SPY (-3.19%), and the CARZ industry ETF (-7.67%). This is owing to the immense downwards pressure of sustained supply
Magna pays out a solid dividend and maintains performance with the S&P 500. The company's CapEX strategy into electric vehicles enables them to generate stronger free cash flows and differentiate from

Magna Announces Date for Q1 2023 Results Call

01:28pm, Monday, 17'th Apr 2023
AURORA, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA ANNOUNCES DATE FOR Q1 2023 RESULTS CALL FRIDAY – MAY 5, 2023 8:00 AM ET DIAL IN NUMBERS Toll-
When the Federal Reserve raised interest rates again by 25 basis points, investors seeking stable holdings needed to consider income stocks to buy. The Fed's benchmark rate is rising to a range of bet
At the end of February, we performed our “spring clean-up” in our model portfolios with several trades. My biggest problem with Enbridge is not the dividend safety but rather the growth potential.
Magna (MGA) announces two series of U.S. dollar denominated senior notes offerings to finance Veoneer Active Safety Business Acquisition and one series of Euro denominated senior notes offerings.
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