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Stock impact report

3 Canadian Stocks You Can Buy Today and Hold Forever [Yahoo! Finance Canada]

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
It's always better to stick with long-term winners when it comes to investing. And the great news is that Canada has many such fundamentally strong companies that not only have solid roots but are also constantly growing and expanding. In this article, I'll talk about three such Canadian stocks and tell you why they deserve a permanent place in your portfolio. Magna International stock One Canadian stock that truly fits the long-term Foolish investing approach is Magna International TSX:MG ). Being a top auto parts maker, it manufactures everything from car seats and chassis to complete vehicle assemblies. After rallying by over 50% in the last six months, MG stock currently trades at $69.01 per share. At this market price, it has a market cap of $19.4 billion and a quarterly dividend yield of 3.9%. The recent rebound in Magna stock is mainly driven by a broader recovery in the auto sector and its improving earnings momentum. In its third quarter, the company posted nearly Show less Read more
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