I am buying Magna right now (NYSE:MGA), slight miss of analyst expectations = 12% drop in price, insane. Was around $56 last week, currently $50. Analysts lowered price targets but still publishing price targets in $65 and up range. Dividend coming up and increased indicating mgmt confidence in company. Manufacturing capacity being expanded.
Any good stock pick suggestions??
- Thread starter Apple15
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LOL, people went nuts on this sucka after "Frankie discount" was history and more importantly 2:1 split.
That being said, MGA is attractive around $45 or below and it's better trade than the real sucker like GM.
I have been watching AZD in Toronto Exchange....it is around 30 cents...I wonder if this company making electric motor bus. I think they shoul have great potential in today's high oil price. Anyone has any ideas to share ?
Pure speculation IMHO. Bus manufacturer like this one would use hybrid technology developed by MIC to power their fleets, not electric motor.
Hey all looking at this thread decade later wish I had listened to more if the advice in here. Just wanted to revive tgis thread and get opinions on crypto and if anyone has any good picks. Also been looking at starting to do options as the premiums look good on Tesla. Any thoughts welcome and appreciated. Thanks in advance.
Take a look at Los Andes Copper (LA.V). Share price has moved from $7 a few months ago to an all time high of $12+ . Drill results expected any day during January per CEO who has also been buying shares on the open market. Analysts suggest the company could be a ripe takeout candidate this year, so there could be 2-3x upside from current levels.
CEO interview
CEO interview Have a look at Romeo Power they have a hand in the production of batteries for EV.
RMO.
I also jumped on General Motors a little while back . They want to jump into the ring for EV. Now they won't be the next tesla but they may be a legit north American partner. GM- i grabbed it at $45 and its at $61 right now.
RMO.
I also jumped on General Motors a little while back . They want to jump into the ring for EV. Now they won't be the next tesla but they may be a legit north American partner. GM- i grabbed it at $45 and its at $61 right now.
Los Andes Copper (LA.V/LSANF) is up 50% since my last post and plenty more upside, as remains undervalued vs peers. Here is a clip from the BMO conference recently that tells the story.Take a look at Los Andes Copper (LA.V). Share price has moved from $7 a few months ago to an all time high of $12+ . Drill results expected any day during January per CEO who has also been buying shares on the open market. Analysts suggest the company could be a ripe takeout candidate this year, so there could be 2-3x upside from current levels.
I bought some at the beginning of February, I sold it, the easy money has been made.
Suggestions :
Dream Unlimited Corp. (DRM.TO)
Titanium Corporation Inc. (TIC.V)
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You’re welcome.
FWIW- this isn’t a quick flip for me. In fact I averaged up and added more these past few weeks. With continued positive drill results coupled to more institutional and retail awareness, should break into $20s in near term (April).
From a valuation perspective, LA.V is trading at 0.15x nav vs peers who are closer to 0.50x nav. In due course, this gap will begin to close.
Everyone has their own trading style. I detected a slowing in the price gain of LA.V so I exited the stock for better choices. Is it not better to get your slice of the cake off the top?
Broader markets are looking ripe for a correction. Wouldn’t be surprised with a 5-10% pullback this month; but once that’s done, new highs coming and as you said, FAANG stocks and other growth stocks will do well (split or no split).
