Review of Magna International
FEB 16, 2021 - While cyclical risks remain, the valuation is attractive based on fundamentals and offers potential for long-term stability and growth due to its globally diverse operations. The company also offers investors a ‘safe’ way to invest in the growing EV space. Rating upgraded to ‘A-‘.
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Q: Am thinking of selling to crystallize tax loss and rebuying in 30 days. My timing is usually terrible when doing this. Do you think the market will make any significant moves in the next 30 days?
What replacement stocks would you recommend to buy for the 30 days?
Is SIS worth rebuying or is there something else in the Industrial space that would be better? Was thinking of EIF.
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Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
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Magna International Inc. (MG)
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goeasy Ltd. (GSY)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
Q: Hi Gang
What would be your top 5 Canadian growth stocks for next five yrs
Thanks Mike B
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Kinaxis Inc. (KXS)
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Magna International Inc. (MG)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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AcuityAds Holdings Inc. (AT)
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Veeva Systems Inc. Class A (VEEV)
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Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS)
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Roku Inc. (ROKU)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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Upstart Holdings Inc. (UPST)
Q: What do you think about tax-loss selling each of the above companies at this point? If in favour, do you think I should buy 30 day proxies for each, and if so, what companies? Thanks.
Read Answer Asked by Ben on June 23, 2022