Magneton - better than Electabuzz and Raichu?

I've noticed a few days ago that someone mentioned magneton for prestige due to its resistance. I went to its page and yes, magneton has a lot of resistances. I guess that is one of the reasons he has better marks.

I tried a lot to prestige with him but jolteon is way better. Didnt try with raichu or electabuzz much but i think they are better thanks to better attacks.
Magneton deals with damages quite well but having no good charged move hurts a lot

Lack of HP means you need to dodge but he copes well against a lot of basic moves. I've taken down Dragonites 1000cp higher just dodging charge moves...
A glass cannon but a handy Poke at times.

Also it may be good at countering lapras resistance wise, stat wise not so much. Haven't been able to try it myself.

It's really too bad about its stam, has a ton of potential.

It's the charge moves.

The extra resistence that Steel Dual Type brings against many fighters isn't worth using the Weaker Charge Moves (Flash Cannon/Discharge are both weaker than Thunderbolt/Thunder)

I think you may be looking at it that way because it has access to Spark, which is the far better although rarer option for quick moves on Electric types compared to Thunder Shock (which is absolutely terrible at 11 DPS). Being the only steel type right now it does have a load of resistances but they're more viable on attack since it's crippled by ground and fire which are very common attackers too. Charge move wise Raichu, Electabuzz and Jolteon can have access to Thunder which is the hardest hitting electric charge move (with TBolt being more versatile in dodging for Raichu and Jolteon too) but Magneton gets the worst only option with Discharge. So overall Magneton is nice, but still in need of a better charge move pool.

A Jolteon with Discharge is a better electric attacker than any of the lot, just because he's got that many more stats than the others.

Magneton isn't brilliant as your primary Electric attacker because his only Electric Charge Move is Discharge. However he has other niches that he can do that Jolteon and others struggle with.

Notably... he resists literally everything that Lapras, and Dragonite can throw at him and almost everything Snorlax can throw at him.

And now I kind of want to buddy with and level up my 1242 TS/FC Magneton. Should probably keep him where he is for Prestiging though.

From my experience, Magneton's HP is just too low and his movesets aren't strong enough. If I miss any dodges or try to use a charge move, then I lose a big chunk of life. His types line up nicely against Lapras, but he just can't last long enough.

My main electric mons are Raichu. I have quite a selection from CP1100-1600 that could easily take Gyarados at any CP with ease. Sometimes I use my 100%IV Electabuzz just for the sake of being 100%IV but still prefer Raichu.

I also have lots of Magneton, but I don't really a fan of them (same with Jolteon).