bullish

Magna International Inc (MGA) - Monday, Jul 29, 2024

131 Views29 Oct 2024 19:23
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SUMMARY
  • Global auto parts company Magna's value has declined this year despite investments in industry megatrends like EVs
  • The company has become a leader in areas like battery enclosures, but investors have not fully appreciated these investments
  • Magna is expected to see increased profitability in 2025 as its investments in EVs, Active Safety, and Battery Enclosures start to pay off, with these segments projected to grow significantly by 2027

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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