MGA

Zacks Premium offers Style Scores (Value, Growth, Momentum, and VGM) that complement the Zacks Rank system to help investors identify stocks with the best probability of outperforming the market. The Zacks Rank #1 (Strong Buy) stocks have averaged +23.86% annual returns since 1988, more than double the S&P 500. Magna International (MGA) is highlighted as a stock to watch with a #3 (Hold) rank and an A VGM Score, showing strong momentum with shares up 3% over four weeks.

Magna International (MGA), a Canadian automotive supplier, is highlighted as a potential growth investment pick with a #3 (Hold) Zacks Rank and an A-rated VGM Score. The company is forecasted to achieve 23.2% year-over-year earnings growth for the current fiscal year, with recent analyst revisions increasing consensus estimates. MGA boasts a strong Growth Style Score of A and an average earnings surprise of +21.5%.

Zacks Premium offers investment research tools including the Zacks Rank and Style Scores to help investors identify stocks with strong performance potential. The Zacks Rank #1 stocks have averaged +23.86% annual returns since 1988, outperforming the S&P 500. Style Scores rate stocks on value, growth, and momentum characteristics to complement the Zacks Rank system.