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  5. MG: I'm down 13. [Magna International Inc.]
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Investment Q&A

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Q: I'm down 13.5% on MG in a non-registered account. Hold the course...take a tax loss now and re-purchase in 30 days..or take the hit and move on?

Thank you.

Asked by Maureen on September 16, 2021
5i Research Answer:

The stock has been weak with the Veoneer acquisition and the chip shortage. We would view holding as the best course of action today, with a tax loss sale/rebuy examined closer to yearend.