More stocks to consider
Alternative stocks to Magna (TSX:MG)
These are the alternatives to Magna that fall within the same industry, Auto Parts & Equipment, or region, Canada.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
See Magna Performance
Magna stock research in summary
magna.com
Magna shares are less expensive than other comparable stocks. While they are good value, they are riskily financed, and show below average growth. We recommend evaluating whether the future of the company Magna is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.
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Country |
Canada |
Industry |
Auto Parts & Equipment |
Index |
|
Size class |
Medium |
Large companies - similar industry as Magna
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Lithia Motors (XL, US) Automotive Retail
|
1. Lithia Motors (XL, US) Automotive Retail
|
100
|
|
91
|
|
70
|
|
100
|
|
2. McDonald's (XXL, US) Restaurants
|
2. McDonald's (XXL, US) Restaurants
|
65
|
|
75
|
|
79
|
|
98
|
|
3. Expedia (XL, US) Hotels, Resorts & Cruise Lines
|
3. Expedia (XL, US) Hotels, Resorts & Cruise Lines
|
35
|
|
91
|
|
64
|
|
96
|
|
4. D.R. Horton (XL, US) Homebuilding
|
4. D.R. Horton (XL, US) Homebuilding
|
59
|
|
53
|
|
88
|
|
82
|
|
5. MGM Resorts (XL, US) Casinos & Gaming
|
5. MGM Resorts (XL, US) Casinos & Gaming
|
63
|
|
13
|
|
98
|
|
81
|
|
6. Dollar General (XL, US) General Merchandise Stores
|
6. Dollar General (XL, US) General Merchandise Stores
|
87
|
|
63
|
|
27
|
|
78
|
|
7. Best Buy (XL, US) Electronics Retail
|
7. Best Buy (XL, US) Electronics Retail
|
83
|
|
29
|
|
75
|
|
72
|
|
8. Chipotle (XL, US) Restaurants
|
8. Chipotle (XL, US) Restaurants
|
3
|
|
83
|
|
80
|
|
72
|
|
9. General Motors (XXL, US) Automobile Manufacturers
|
9. General Motors (XXL, US) Automobile Manufacturers
|
94
|
|
19
|
|
55
|
|
70
|
|
10. TJX Companies (XL, US) Apparel Retail
|
10. TJX Companies (XL, US) Apparel Retail
|
21
|
|
89
|
|
67
|
|
69
|
|
July 24, 2025
Why popular stocks have low ratings
It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.
Large companies - similar region as Magna
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. CGI (XL, CA) IT Consulting & oth. Services
|
1. CGI (XL, CA) IT Consulting & oth. Services
|
92
|
|
55
|
|
63
|
|
91
|
|
2. Suncor (XL, CA) Oil & Gas Integrated
|
2. Suncor (XL, CA) Oil & Gas Integrated
|
79
|
|
19
|
|
89
|
|
83
|
|
3. Cenovus (XL, CA) Oil & Gas Integrated
|
3. Cenovus (XL, CA) Oil & Gas Integrated
|
87
|
|
5
|
|
89
|
|
71
|
|
4. Imperial (XL, CA) Oil & Gas Integrated
|
4. Imperial (XL, CA) Oil & Gas Integrated
|
15
|
|
73
|
|
95
|
|
69
|
|
5. Canadian Natural Resources (XL, CA) Oil & Gas Production
|
5. Canadian Natural Resources (XL, CA) Oil & Gas Production
|
65
|
|
22
|
|
69
|
|
57
|
|
6. Canadian Pacific Railway (XL, CA) Railroads
|
6. Canadian Pacific Railway (XL, CA) Railroads
|
24
|
|
58
|
|
85
|
|
52
|
|
7. Restaurant Brands International (XL, CA) Restaurants
|
7. Restaurant Brands International (XL, CA) Restaurants
|
53
|
|
39
|
|
68
|
|
51
|
|
8. Brookfield Corp (XXL, CA) Asset Management & Custody
|
8. Brookfield Corp (XXL, CA) Asset Management & Custody
|
26
|
|
63
|
|
53
|
|
45
|
|
9. Canadian National Railway (XL, CA) Railroads
|
9. Canadian National Railway (XL, CA) Railroads
|
44
|
|
40
|
|
62
|
|
39
|
|
10. WSP Global (XL, CA) Construction & Engineering
|
10. WSP Global (XL, CA) Construction & Engineering
|
43
|
|
75
|
|
28
|
|
37
|
|
July 24, 2025
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Mid sized companies - similar industry as Magna
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Linamar (L, CA) Auto Parts & Equipment
|
1. Linamar (L, CA) Auto Parts & Equipment
|
86
|
|
45
|
|
92
|
|
96
|
|
2. BorgWarner (L, US) Auto Parts & Equipment
|
2. BorgWarner (L, US) Auto Parts & Equipment
|
80
|
|
45
|
|
84
|
|
92
|
|
3. LCI Industries (M, US) Auto Parts & Equipment
|
3. LCI Industries (M, US) Auto Parts & Equipment
|
64
|
|
83
|
|
57
|
|
84
|
|
4. Martinrea (M, CA) Auto Parts & Equipment
|
4. Martinrea (M, CA) Auto Parts & Equipment
|
100
|
|
69
|
|
29
|
|
77
|
|
5. Dana (L, US) Auto Parts & Equipment
|
5. Dana (L, US) Auto Parts & Equipment
|
78
|
|
61
|
|
23
|
|
66
|
|
6. Lear (L, US) Auto Parts & Equipment
|
6. Lear (L, US) Auto Parts & Equipment
|
87
|
|
7
|
|
63
|
|
56
|
|
7. Dorman (M, US) Auto Parts & Equipment
|
7. Dorman (M, US) Auto Parts & Equipment
|
12
|
|
61
|
|
70
|
|
42
|
|
8. Modine (M, US) Auto Parts & Equipment
|
8. Modine (M, US) Auto Parts & Equipment
|
12
|
|
57
|
|
73
|
|
42
|
|
9. Visteon (M, US) Auto Parts & Equipment
|
9. Visteon (M, US) Auto Parts & Equipment
|
29
|
|
21
|
|
90
|
|
37
|
|
10. Patrick (M, US) Auto Parts & Equipment
|
10. Patrick (M, US) Auto Parts & Equipment
|
26
|
|
83
|
|
22
|
|
29
|
|
July 24, 2025
Mid sized companies - similar region as Magna
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Russel Metals (M, CA) Trading & Distribution
|
1. Russel Metals (M, CA) Trading & Distribution
|
85
|
|
95
|
|
93
|
|
100
|
|
2. Methanex (M, CA) Commodity Chemicals
|
2. Methanex (M, CA) Commodity Chemicals
|
98
|
|
59
|
|
84
|
|
100
|
|
3. West Fraser (L, CA) Forest Products
|
3. West Fraser (L, CA) Forest Products
|
78
|
|
100
|
|
92
|
|
100
|
|
4. Canadian Utilities (M, CA) Multi-Utilities
|
4. Canadian Utilities (M, CA) Multi-Utilities
|
85
|
|
100
|
|
47
|
|
97
|
|
5. Fairfax (L, CA) Property & Casualty Insurance
|
5. Fairfax (L, CA) Property & Casualty Insurance
|
57
|
|
57
|
|
65
|
|
96
|
|
6. Linamar (L, CA) Auto Parts & Equipment
|
6. Linamar (L, CA) Auto Parts & Equipment
|
86
|
|
45
|
|
92
|
|
96
|
|
7. The North West (M, CA) Food Retail
|
7. The North West (M, CA) Food Retail
|
77
|
|
75
|
|
76
|
|
96
|
|
8. Whitecap Resources (M, CA) Oil & Gas Production
|
8. Whitecap Resources (M, CA) Oil & Gas Production
|
61
|
|
97
|
|
67
|
|
95
|
|
9. ATCO (M, CA) Multi-Utilities
|
9. ATCO (M, CA) Multi-Utilities
|
97
|
|
53
|
|
81
|
|
95
|
|
10. Tourmaline Oil (M, CA) Oil & Gas Production
|
10. Tourmaline Oil (M, CA) Oil & Gas Production
|
53
|
|
77
|
|
78
|
|
93
|
|
July 24, 2025
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