TSX:MG (Magna International Inc.)

About MG

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contracted vehicle assembly. Roughly 46% of Magna's revenue comes from North America while Europe accounts for approximately 43%.
  • Magna International Inc. (TSX: MG) Latest News

    You Should Know This
    Investing

    Canadians: 3 Top EV Stocks to Buy Today

    TSX investors on the hunt for exposure to the electric automobile market should snag EV stocks like Blackberry Ltd. (TSX:BB)(NYSE:BB).

    Read more »

    Road sign warning of a risk ahead
    Tech Stocks

    Why I’m Not Betting on an Air Canada (TSX:AC) Stock Recovery in 2021

    While Air Canada (TSX:AC) used to be a good investment option before 2020, it might not be wise to miss…

    Read more »

    consider the options
    Investing

    Top 3 EV Stocks to Buy in Joe Biden’s Presidency

    The new U.S. President Joe Biden has pledged to reduce America’s carbon footprint. These EV stocks will play a major…

    Read more »

    close-up photo of investor Warren Buffett
    Metals and Mining Stocks

    Bitcoin Drops 20% — Warren Buffett Told You So

    When Warren Buffett says Bitcoin is “probably rat poison squared,” it is his 70+ years of experience in the stock…

    Read more »

    Electric car being charged
    Tech Stocks

    Forget Tesla! Magna Stock Is the Way to Play the EV Space

    Tesla's (NASDAQ:TSLA) growth potential is well known. Magna's (TSX:MG)(NYSE:MGA) is considered less often, despite its top-notch upside.

    Read more »

    Hand arranging wood block stacking as step stair with arrow up.
    Dividend Stocks

    3 Stocks That Will Grow Under Joe Biden’s Presidency

    Joe Biden has become the 46th president of the United States. His stance on clean energy will pave the way…

    Read more »

    Electric car being charged
    Investing

    Canadians: 2 EV Stocks to Buy Now

    Canadians looking to invest in EV stocks should look to Magna International Inc. (TSX:MG)(NYSE:MGA) and a top lithium stock today.

    Read more »

    Electric car being charged
    Tech Stocks

    TSX: 2 EV Stocks I’m Buying to Be on the Same Path as Elon Musk

    While I don’t expect to be Elon Musk like rich overnight by investing in these two EV stocks, it could…

    Read more »

    Woman has an idea
    Dividend Stocks

    This Canadian Stock Could Be the Next Tesla (NASDAQ:TSLA)

    Telsa (NASDAQ:TSLA) is perhaps the hottest stock in the world... And Magna International (TSX:MG) is the closest thing Canada has…

    Read more »

    analyze data
    Personal Finance

    Elon Musk, Jeff Bezos, and Warren Buffett: Stocks, NOT Bitcoin, Made Them Rich

    A recent rally in Bitcoin prices has made the cryptocurrency market hot again. While it might look like a good…

    Read more »

    new year 2021
    Dividend Stocks

    3 Top Futuristic TSX Stocks to Buy for 2021

    The 2021-2030 decade will lead the way to electric vehicles and renewable energy growth. Get exposure to this revolution with…

    Read more »

    analyze data
    Dividend Stocks

    2021: The 3 Best Stocks to Buy Right Now

    Stocks to buy right now include Fortis Inc. (TSX:FTS)(NYSE:FTS).

    Read more »