Magna International, Inc. (MGA) Social Stream
Featured Post From StockTwits About MGA
$SPY $MGASPG565, published July 23, 2021
"Magna says Veoneer's complementary products and capabilities will strengthen and broaden its advanced driver assistance systems business.
Magna expects the deal will achieve ~$100M in annual run-rate synergies by 2024.
Seeing Magna as a key player in the booming electric vehicle supply chain, Goldman Sachs recently upgraded the stock to Buy."
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Other Notable StockTweets About MGA
Final Stop Loss orders executed today. Final tally is about $9,100 in gains here over a short time holding so that's not bad.
As with my others that sold (due to down side protection of Stop Loss) it's back on my watchlist to potentially re enter later.
I still believe it can be $120 later but like I do with most holdings I put in stop loss orders just to be disciplined and preserve gains (or sometimes limit losses, of course).
Best of luck to all of you. I hope to be back.
I believe it is undervalued.
Perhaps the best EV play there is. Builds so many parts and cars $MGA looks to be in its infancy even though it’s been around for decades. I think this story won’t age well and am bookmarking it for EOY and 1 and 3 years. Will post . No Apple Car - price EOY $150. $AAPL Car then PT $200+.