TSX:MGAuto Components
Is Magna International (TSX:MG) Attractively Priced After 41% One Year Share Price Climb
If you are wondering whether Magna International's current share price lines up with its underlying value, or if the market is getting ahead of itself, you are not alone.
The stock trades at C$77.93 after returns of 6.5% over the last week, 13.9% over the last month, 3.9% year to date and 40.9% over the past year, which has put it firmly on many investors' radars.
Recent headlines around Magna International have focused on its position as a key auto parts supplier and its exposure to trends...