TSX:MGAuto Components
Is Magna International (TSX:MG) Still Attractively Priced After An 83% One-Year Surge?
If you are wondering whether Magna International's share price still offers value after a strong run, looking closely at what you are paying for the underlying business becomes crucial.
The stock recently closed at CA$93.52, with returns of 26.7% over 7 days, 22.5% over 30 days, 24.7% year to date and 82.9% over 1 year. This naturally raises questions about how much of the story is already reflected in the price.
Recent news flow around Magna International has largely focused on its position...