Magna International Inc. (MGA): Analysts Are Bullish On This Undervalued Canadian Stock Now [Yahoo! Finance]
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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US:NYSE Investor Relations:
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Source: Yahoo! Finance
where Magna International Inc. (NYSE:MGA) stands against the other undervalued Canadian stocks. The Canadian stock market experienced a notable rebound in the third quarter of 2024, following a sluggish performance earlier in the year. This resurgence was primarily fueled by a series of interest rate cuts by the Bank of Canada, which helped cool inflation and support broader economic recovery. The central bank's actions, which included rate reductions totaling 75 basis points so far, have rejuvenated the real estate market and provided a significant lift to financial services stocks. According to a report by Reuters, the Toronto market gained 9.7% in Q3 2024, making it the strongest quarterly performance since 2019. The impact of these measures has created an optimistic outlook for the market, potentially setting the stage for continued growth in the coming months. The third quarter proved to be the strongest for Canada's main stock market, thanks to a combination of domestic rate
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MGA
News
- Magna International Inc.'s (TSE:MG) Dismal Stock Performance Reflects Weak Fundamentals [Yahoo! Finance]Yahoo! Finance
- Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate [Seeking Alpha]Seeking Alpha
- Automotive Anti-Pinch Power Window System Market to Grow by USD 3.24 Billion from 2024-2028, Driven by Enhanced Automotive Safety Systems, Market Evolution Powered by AI - Technavio [Yahoo! Finance]Yahoo! Finance
- Automotive Aerodynamics Research Report 2024-2028 with Competitive Analysis of Key Players - Volvo, Continental, Magna International, 3M, and Valeo [Yahoo! Finance]Yahoo! Finance
- Peel police charge Frank Stronach with five additional counts of sex assault involving three complainants [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
MGA
Earnings
- 8/2/24 - Miss
MGA
Sec Filings
- 10/15/24 - Form SCHEDULE
- 8/9/24 - Form 6-K
- 8/2/24 - Form 6-K
- MGA's page on the SEC website