Review of Magna International Inc.

MAR 26, 2024 - The company has the potential to benefit from the ramp-up of electric vehicles and getting more of its content into cars. We like the company’s strong expectations for growth in the coming year, and its outlook on margin guidance is also positive. Due to Magna’s continued leadership position in the automotive market, we are maintaining our rating at a ‘B+’.

Download Report

Q: If Trump wins election and he follows through with his promised 20% tariff on imported goods, which Canadian industries would be most adversely affected?

Read Answer Asked by Mark on October 11, 2024

Q: Hello 5i team,
I wanted to add to my WPM holding and was wondering if it is still ok to add at these levels?

For MG, it has taken a hit in the past year and wanted to initiate a position at this level, are you still comfortable with Magna or is there something more fundamental going on.

Thank You,
Anrew

Read Answer Asked by Andrew on October 10, 2024

Q: Recently I transferred in kind shares of Bell. From my unregistered account to a TFSA.They were deemed to be sold at a loss.Can I claim the loss?.And also my shares of MG that are at a significant loss in my TFSA which I if needed to sell .If I transfer them to my nonregistered account will they be deemed to be sold in TFSA and I would not be able to claim the loss? As allways thanks Larry

Read Answer Asked by Larry on October 11, 2024