Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Magna International Inc. (MGA): A Bull Case Theory 

We came across a bullish thesis on Magna International Inc. on Beat the TSX (BTSX-20)’s Substack by Beat the TSX-27 Strategy. In this article, we will summarize the bulls’ thesis on MGA. Magna International Inc.'s share was trading at $49.32 as of December 2nd. MGA’s trailing and forward P/E were 13.50 and 8.06 respectively according to Yahoo Finance.

[caption id="attachment_520300" align="aligncenter" width="750"] Copyright: zenstock / 123RF Stock Photo[/caption]

Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space....