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Stock impact report

Magna International (TSE:MG) shareholders notch a 20% return over 1 year, yet earnings have been shrinking [Yahoo! Finance]

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
Company Research Source: Yahoo! Finance
Over the last year the Magna International Inc. TSE:MG ) share price is up 15%, but that's less than the broader market return. Unfortunately the longer term returns are not so good, with the stock falling 8.3% in the last three years. Since the stock has added CA$843m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Over the last twelve months, M Show less Read more
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