03-15-2015, 01:00 PM
Thanks for the mention, rapid.
Magna is a great international company and is a great investment. Its severely undervalued - which I think is because of the international operations, exposure to the EU market and the fact that they report their financials in US$. But still...for the long run, its great to invest and would be a good idea to average in. They just announced a dividend raise and a stock split earlier this month.
Another company that fits this bill in my portfolio is Agrium (AGU) - again, international operations (most of which are in US), financials are in US$.
cheers
R2R
Magna is a great international company and is a great investment. Its severely undervalued - which I think is because of the international operations, exposure to the EU market and the fact that they report their financials in US$. But still...for the long run, its great to invest and would be a good idea to average in. They just announced a dividend raise and a stock split earlier this month.
Another company that fits this bill in my portfolio is Agrium (AGU) - again, international operations (most of which are in US), financials are in US$.
cheers
R2R