Magna International, Inc. (USA)

  • 2 Stocks that Benefit from the Success of Top-selling Automakers

    By Emmanuel Floriann - August 13, 2013 | Tickers: MGA, TOWR, TM

    Regardless of who wins in the auto war, these stocks will come out the winners, as well. They are among the biggest suppliers of vehicle parts to major car manufacturers across the world, as well as to original equipment manufacturers (OEMs). Thus, an increase in vehicle sales of the top auto makers may also mean higher revenues for these companies.

    In today’s market where demand for new vehicles is more »

  • Gentex Needs a Change

    By Chris Johnson - August 5, 2013 | Tickers: GNTX, JCI, MGA

    Based in metropolitan Grand Rapids, Michigan, Gentex (NASDAQ: GNTX) was founded in 1974 and is known for its auto-dimming rear view mirror technology.  At the end of fiscal year 2012, Gentex held 88% of the market share in the auto-dimming mirror industry, and has not had to worry about the emergence of potential threats in this near-monopolistic industry. This auto-dimming mirror division also consists of Gentex’s patented Rear-Camera Display more »

  • These 4 Numbers Suggest Something Is Wrong

    By Chad Henage - July 10, 2013 | Tickers: GE, JCI, MGA, UTX

    Investors need to make sure they read each earnings report from the companies they invest in. I’m worried that investors are overlooking a few issues at Johnson Controls (NYSE: JCI). Don’t get me wrong, Johnson Controls is a company I’ve followed for a long time, in fact, the company is the first stock I ever owned. The company’s easy to access dividend reinvestment plan that you more »

  • American Auto Parts Industry on the Move

    By Awais Iqbal - June 26, 2013 | Tickers: JCI, MGA, WBC

    Auto parts industry overview

    The auto parts industry will continue to expand at a steady pace over the upcoming years. With a rising unemployment rate and tight credit markets, new vehicle sales witnessed a declivity of 14% in the previous six years. The growing average vehicle age coupled with the dropping scrappage rate drove the auto parts industry down during the financial contraction, as consumers opted to purchase parts and more »

  • 3 Stocks to Invest in the Improving Auto Market

    By Robinson Roacho - June 12, 2013 | Tickers: F, MGA, GT

    The automotive industry continues to recover at a rapid pace. The decline in the unemployment rate, coupled with low interest rates, have propelled automotive sales in the United States. Although a typical strategy to gain exposure to the automotive market is to invest in car manufacturers, a Foolish investor may also be interested in parts manufacturers. Auto parts companies should fare well as auto demand increases. The following three stocks more »

  • The Great Recovery Of The Auto Industry

    By Damian Illia - June 11, 2013 | Tickers: GPC, MGA, TEN

    The last economic recession put Chicago-based automakers in check; given their importance to the US economy, the federal government came to rescue them. Many thought it would be the end of several worldwide known brands. The skeptics were finally proven wrong and, from the ashes, the automakers rose like the Phoenix, shouldering the recovery of many auto parts producers and distributors. Some of those companies pegging onto automakers revival are more »

  • Automotive Suppliers: Performance Review, Part One

    By Vanina Egea - May 31, 2013 | Tickers: AXL, ALV, MGA

    Times are changing for automotive suppliers. Increased customer preferences for light passenger vehicles, especially in emerging markets, and new safety regulations are driving production modifications. On the other hand, the U.S. construction sector is showing signs of recovery, which means that more trucks and light trucks will be sold at least in America. However, stricter government regulation and higher demands from clients is putting a cap on margins and more »

  • Driving Home Solid Gains in Automotive

    By Ken McGaha - May 28, 2013 | Tickers: AXL, DAN, MGA

    I like to follow economic treads and the effects of those trends of consumer behavior. One thing about Americans that is pretty clear is that we have a love affair with vehicles. Another thing that is clear about our behavior is we tend to buy them when we believe the economy is good or improving. If consumers are buying more vehicles, that action should create conditions that will drive sales more »

  • Following James Barrow into Delphi Automotive

    By Anh HOANG - May 9, 2013 | Tickers: DLPH, DNZOY.PK, MGA

    James Barrow of the Barrow, Hanley, Mewhinney & Strauss fund has had an outstanding performance for the past 15 years. The fund has experienced an annualized return of 6.1% since 1998, beating the S&P 500’s annualized return of 4.5%. At the end of March, Barrow's total AUM has reached more than $55.5 billion. James Barrow holds quite a diversified portfolio with 159 stocks, and the more »

  • More Share Repurchases to Deal with the Activists

    By Mike Thiessen - April 15, 2013 | Tickers: JCI, LEA, MGA

    After months of legal wrangling, auto parts manufacturer Lear Corporation (NYSE: LEA) has finally settled with its activist investors and agreed to initiate a program of share buybacks that could ultimately boost the company's stock price. In response to its investors' demands, the company has also agreed to increase the size of its board of directors by adding a single new member.

    Lear is one of the world's more »

  • More Share Repurchases to Deal with the Activists

    By Mike Thiessen - April 15, 2013 | Tickers: JCI, LEA, MGA

    After months of legal wrangling, auto parts manufacturer Lear Corporation (NYSE: LEA) has finally settled with its activist investors and agreed to initiate a program of share buybacks that could ultimately boost the company's stock price. In response to its investors' demands, the company has also agreed to increase the size of its board of directors by adding a single new member.

    Lear is one of the world's more »

  • More Share Repurchases As Deal With The Activist

    By Mike Thiessen - April 12, 2013 | Tickers: JCI, LEA, MGA

    After months of legal wrangling, auto parts manufacturer Lear Corporation (NYSE: LEA) has finally settled with its activist investors and agreed to initiate a program of share buybacks that could ultimately boost the company's stock price. In response to its investors' demands, the company has also agreed to increase the size of its board of directors by adding a single new member.

    Lear Corporation is one of the world more »

  • A Lot of Value Is on the Way for This Company

    By Anh HOANG - April 11, 2013 | Tickers: JCI, LEA, MGA

    Whenever activist investors smell opportunities, they accumulate the company’s shares. Afterwards, they try to nominate their candidates on the company’s board, and demand corporate actions to unlock the potential value of the company.

    In the middle of 2012, two funds, Marcato Capital Management and Oskie Capital Management, which jointly own around 5.6% stake in Lear (NYSE: LEA), requested that it should take some corporate actions to unlock more »

  • A Lot of Value is Coming to This Automotive Seat System Supplier

    By Anh HOANG - April 8, 2013 | Tickers: JCI, LEA, MGA

    Whenever activist investors smell opportunities, they accumulate the company’s shares. Afterwards, they try to nominate their candidates into the company’s board and demand corporate actions to unlock the potential values of the company. In the middle of 2012, two funds, Marcato Capital Management and Oskie Capital Management, which combined own around 5.6% stake in Lear Corp (NYSE: LEA), requested that Lear should take some corporate actions to more »

  • Diversifying Away From General Motors

    By Mark Lin - February 25, 2013 | Tickers: AXL, DAN, MGA

    American Axle & Manufacturing (NYSE: AXL) is a Tier I supplier to the automotive industry. American Axle manufactures, engineers, designs, and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. In addition to locations in the United States (Michigan, Ohio, Pennsylvania and Indiana), it also has offices or facilities in Brazil, China, Germany, India, Japan more »

  • Huge Upside in the Auto Industry

    By Ted Cooper - February 24, 2013 | Tickers: GM, GNTX, MGA

    After a near-death experience in 2009, the U.S. automobile industry persevered through a trying time and has recently prospered on the back of a strong recovery in new auto sales. Shares of Ford and General Motors (NYSE: GM) have soared since the recession, but shares of a lesser-known company -- Gentex (NASDAQ: GNTX) -- have yet to fully price in the recovery in the industry.

    Gentex is an auto parts supplier more »

  • 2 Low PE Stocks You Will Love

    By Madhukar Dubey - February 10, 2013 | Tickers: DFS, MGA, NOC

    Investors have always shown their love towards low PE stocks. These beaten-up stocks have their price lower relative to net worth and maintain a lower PE in comparison to other industry peers. Investor ideology behind investing in a low PE stock is that it offers them the best bargain for an asset that is likely to gain in the future. Though this strategy paid off in 2012 for investors who more »

  • The Only CAFE That Makes You Lose Weight

    By Maxxwell A.R. Chatsko - November 6, 2012 | Tickers: AA, F, GM, MGA, ZOLT | Editor's Choice

    In late August the White House and EPA announced that new Corporate Average Fuel Economy (CAFE) standards had been finalized. The new laws will bind automakers to flaunt fleets with an average fuel economy of 54.5 mpg by 2025. The average for 2011 model years was just 28.6 mpg. In English: this will be no easy (or inexpensive) feat. 

    Yo car so fat it wishes it was made more »

  • This Billionaire’s Stock Picks Returned 16% Last Quarter

    By Meena Krishnamsetty - November 2, 2012 | Tickers: AAPL, BWA, DLPH, GOOG, MGA

    3G Capital is a New York-based hedge fund that is backed by Brazilian billionaire Jorge Paulo Lemann. Officially the third wealthiest individual in Brazil, Lemann's net worth is estimated to be in excess of $13 billion. Now in his early seventies, Lemann made his vast fortune via a range of investments in his home country, most notably by merging two of Brazil's largest beer breweries and selling them more »

  • Ford, GM Cut Their European Losses

    By Peter Pham - November 1, 2012 | Tickers: F, GM, HMC, MGA, TM

    Ford (NYSE: F) has shocked the 4,300 employees at its 48 year old Belgium assembly plant by announcing the facility’s eventual closure in the next two years, after its workers had agreed to a pay cut. Following the closure, which comes with a price tag of $1.1 billion, the company is aiming to save $730 million annually. It is going to shift some of its vehicle productions more »

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