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Jim Cramer on Magna International Inc. (MGA): ‘I’m Seeing Terrible Things Going On In The Auto Industry’
When a caller asked about Magna International Inc. (NYSE:MGA), Cramer noted that the auto industry is the wrong place to be these days. “Oh, I gotta tell you, the autos are the worst place to be.
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Jim Cramer on Magna International (MGA): ‘I’m Seeing Terrible Things’ in Auto Industry
Number of Hedge Fund Investors: 15 Jim Cramer was recently asked about Canadian auto parts company Magna International Inc (NYSE:MGA). He recommended investors to stay away from the stock.