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Down almost 60% from all-time highs, Magna stock trades at a cheap valuation right now. Is the TSX stock a good buy today? Valued at a market cap of $14.3 billion, Magna International (TSX:MG) is a global automotive supplier that operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The company manufactures a range of automotive components, from body systems and chassis technologies to advanced powertrain solutions, including electric vehicle (EV) systems, batteries, and complete vehicle assembly services. Today, Magna stock is down almost 60% from its all-time highs and offers shareholders a…
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