This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Stocks Driving the Economy in 2012

Magna International (MGA - Get Report)

Company Profile: Magna International is a diversified global auto supplier that designs, develops and manufactures high-tech auto systems, assemblies, modules and components, and engineers and assembles vehicles, mainly for sale to cars and light truck original equipment manufacturers.

Share Price: $40.77 (Jan. 18 Close)

Year-to-Date Increase: About 25%

TheStreet Ratings Grade: Buy. Magna's third-quarter gross profit margin decreased from the same period last year, but sales increased. The company now has a quick ratio of 1.06, says TheStreet Ratings team, which shows that this company has the ability to cover short-term cash needs.

Standard & Poor's View: Although auto analyst Efraim Levy points to the potential that Magna could be hurt by currency fluctuations and slower-than-expected demand for vehicles in general, and vehicles with high Magna content, "we believe Magna's valuation should be higher than most peers."

Levy's view is driven by Magna's strengthening balance sheet, strong manufacturing capabilities and the company's implementation of several shareholder-friendly actions, such as a 2-for-1 stock split, a share buyback program and increased cash dividend payout. Magna also recently eliminated a dual-class structure that gave the former chairman, Frank Stronach, and three of his family members greater voting rights than other shareholders.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player
4 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AA $11.17 0.00%
FCX $14.00 0.00%
MGA $42.02 0.00%
MAS $30.71 0.00%
SHLD $16.38 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs