Down 16% in a Year, Is Magna Stock a Buy, Hold, or Sell?

News Snapshot:

Magna (TSX:MG) stock has fallen 16% in the last year but has started to climb recently. So, is it time to buy, or is more volatility ahead? Magna International (TSX:MG) shares have been slowly recovering over the last few months. However, it’s important that investors look back a bit to see that shares are still down from 52-week highs, which occurred in January of 2023. Today, with shares still down 16% from those highs, is the company a buy? Or should investors consider selling it as shares climb higher, in case volatility comes our way again? Let’s take a look....