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Stock impact report

Down 30%, This Magnificent Dividend Stock Is a Screaming Buy [Yahoo! Finance Canada]

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
The Canadian stock market posted a fresh all-time high last week as optimism surrounding the recent interest rate cuts in Canada and growing rate cut hopes in the United States have boosted investors' confidence. Investors expect lower interest rates to boost economic growth and consumer demand, which could lead to financial growth for businesses. Despite the market rally, some fundamentally strong stocks are currently trading close to their lowest levels in many years due mainly to industry-specific challenges. In this article, I'll highlight one such attractive Canadian dividend stock you can consider right now, which has the potential to yield outstanding returns on investments in the long run. A magnificent Canadian dividend stock to buy now The automotive industry was among the hardest hit by the global pandemic in 2020. While in recent years, the demand for vehicles has recovered sharply, the industry still continues to face challenges due to the ongoing shift in consumer Show less Read more
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