I tend not to trade in auto makers primarily as their industry can be filled with pitfalls. But I do follow the industry and once in a while I will place a trade. One Canadian company I follow is the big auto parts maker, Magna International. It has had a checkered past over the many decades of its operation.
This year I have done 4 trades in Magna International and while that may not seem like much, it has returned 11 percent to my portfolio this year. Magna International Stock has also been a stock that has stood out while much of the Toronto Stock Exchange has been plummeting.
This is the latest update to the trades done in 2015 in Magna International Stock on the Toronto Stock Exchange. Active trades are highlighted.
Magna International Stock Trades for 2015 Update – Sep 29 2015
FullyInformed Canada Members can read this Magna International Stock (MG) trade update directly through this link or Canada Members can sign in to the full members site here. Non-members can join here.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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