Yes - absolutely - though usually you'll need to ensure that the particular magazine that you're interested in is available as not all are. There are a couple of 'universal' magazine reading apps - such as Zinio - and, alternatively, many of the magazines have their own dedicated apps in order to best show off the content.
If you let us know the particular magazines you're interested in, we could tell you in an app was available or whether it was compatible with one of the 'universal' magazine reading apps.
Tim