Magna International: Stock To Go Higher On Margin Expansion And Earnings Growth

Magna International has rebounded from its multi-year sell-off, with valuation now at attractive levels. Q1 2026 results showed 3% sales growth to $10.4B, outperforming a 7% global light vehicle production decline. Earnings growth is the key driver, with EBIT up 58% and adjusted EPS up 77% year-over-year, fueled by margin expansion.