Sunday, July 2, 2017

Magna International Inc. (NYSE: MGA)

  • The negative sentiment towards the auto industry provides an opportunity to buy a diverse and innovative global automotive supplier.
  • In 2016 Magna was able to increase sales by 13% to $36.54 billion while the global light vehicle production increased by only 4%.
  • We think the company is taking the right steps to thrive in the industry through technological innovation and commercialization.

See full MGA article here

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