Connect with us

Published

on

With the major averages near record highs, many stocks look untouchable.

But a few lesser-known names that are trading at attractive valuations are on track to finish the second half with a rally, two traders told CNBC on Friday.

“I think in the second half, what you’ve really got to be looking for is those value or cyclical stocks,” Blue Line Capital founder and CEO Bill Baruch said on CNBC’s “Trading Nation.”

His under-the-radar pick was Cheniere Energy, a liquefied natural gas producer with a big presence in Texas and Louisiana.

“It’s held up really well even though energy itself has sort of taken a little breather over the past couple months,” Baruch said, adding that natural gas tends to be a “sticky” space in terms of investment.

Better yet, Cheniere’s stock is “holding really well out above that 2014 high and it’s … building a base,” typically a sign of more upside ahead, he said, pointing to the chart.

Baruch also liked Wells Fargo, saying it could be an under-the-radar winner in the intermediate term.

“They’re really getting the scandal of the account openings in the rearview mirror,” he said. “If you’re looking three to five years out, I think Wells Fargo is going to outperform. They were one of the best performers prior to all that.”

Wells Fargo has not yet recaptured its 2019 highs, though other bank stocks such as JPMorgan and Bank of America have, Baruch noted — but the right catalyst could kick-start a sustained move higher, he said.

“You are breaking a trend line … really decisively out above there now, going back to the 2018 high,” he said.

“I think we’re going to see a tail wind that moves this to ballpark $55 and then we could see maybe $60 from there,” Baruch said.

Wells Fargo shares fell by less than half of 1% to $48.68 on Monday afternoon after hitting highs not seen since January 2020. A move to $55 or $60 would be about a 13%-23% gain.

Another quiet winner could benefit from pent-up consumer demand in the second half, Chantico Global founder and CEO Gina Sanchez said in the same interview.

“The recovery has been a huge boon” for Discover Financial Services, which has managed to grow its offerings and expand to new regions while the economy came back, said Sanchez, also chief market strategist at Lido Advisors.

“We think that given what the outlook is, that they’re actually very attractively priced right now,” she said.

“Excess savings that have been burning holes in some Americans’ pockets are being unleashed in terms of consumption demand and that goes right to the credit cards. And Discover is one that is still picking up market share and is benefiting and growing,” she said.

Discover Financial Services shares fell by half of 1% to $129.40 in Monday afternoon trading.

Disclosure: Lido Advisors owns shares of Discover Financial Services.

Disclaimer

Continue Reading

Environment

MINI x Deus Ex Machina Skeg electric concept lightens the mood

Published

on

By

MINI x Deus Ex Machina Skeg electric concept lightens the mood

MINI has partnered with lifestyle brand, Deus Ex Machina, to develop this. It’s called the Skeg, and it’s a high-performance, racing-inspired electric concept car that’s sure to lighten the mood – by shedding fully 15% of its mass in the quest for speed.

One of a pair of exclusive, one-off concepts based on MINI’s John Cooper Works cars. The Deus Ex Machina Skeg celebrates MINI’s storied racing history with what the company calls, “a clean, minimal, and quiet rebellion,” that draws on materials, technologies, and philosophies from the world of surfing.

The electric MINI JCW Skeg is stripped to its essentials, with much of the steel and aluminum bits replaced with lightweight fiberglass to maximize acceleration while driving the minimalist aesthetic home. The end result weighs 15% less than the standard car – but makes the same stout 190 kW (258 hp) as the production car.

Surf’s up


MINI Skeg concept interior; via BMW.

The interior is stripped back to the barest essentials, reflecting BMW’s vision of a surf culture that prioritizes function over form. MINI claims the end result resembles a mobile surf shop, with fiberglass trays for wetsuits, specially shaped bins, neoprene seats, and other touches that “bring the surf culture into the interior.”

Advertisement – scroll for more content

For their part, the BMW and MINI styling team seems pretty proud of its minimalistic electric endeavor. “In this extraordinary collaboration … every single detail has been crafted with artisanal precision and expertise,” says Holger Hampf, Head of MINI Design. “This has resulted in unique characters that are clearly perceived as belonging together through their distinctive design language and use of graphics.”

The concept retains the production version’s 54.2 kWh li-ion battery pack, up to 250 of WLTP range with the production aero kit, sprints from 0-100 km (62 mph) in just 5.9 seconds. With 15% less mass, though, that should jump to more than 255 miles, with 0-60 times dropping below 5.5 seconds.

I dig it – but I’d skip the surf bits and just appreciate the raw composite, minimalist interior look for what it is. Take a look at the image gallery, below, then let us know what you think of MINI’s Skeg concept in the comments.


SOURCE | IMAGES: BMW MINI.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Volvo Penta teams up with e-power to equip Boels with next-gen Battery Energy Storage Systems (BESS)

Published

on

By

Volvo Penta teams up with e-power to equip Boels with next-gen Battery Energy Storage Systems (BESS)

Veteran marine and industrial power solutions company Volvo Penta has joined forces with energy solutions provider e-power to build battery energy storage systems (BESS). Volvo Penta’s battery systems for energy storage will power BESS units built by e-power that can be catered to a range of applications, most notably construction rental clients like Boels Rentals in Europe.

Volvo Penta is a provider of sustainable power solutions that currently serves land and sea applications under the Volvo Group umbrella. As more and more of the world goes all-electric, the global manufacturer has also adapted, sharing cultural values with Volvo Group to engineer new and innovative sustainable power solutions.

Nearly 100 years later, Volvo Penta remains an industry leader in marine propulsion systems and industrial engines. As more and more of the world goes all-electric, the Swedish manufacturer has also adapted, sharing cultural values with Volvo Group to engineer new and innovative sustainable power solutions.

For example, all Volvo Penta diesel engines now run on hydro-treated vegetable oil (HVO), reducing well-to-wheel emissions by up to 90% across the marine and industrial power industries. On the zero-emissions side, Volvo Penta has expressed its dedication to fossil-free power solutions, including battery electric components to serve heavy-duty applications such as terminal tractors, forklifts, drill rigs, and feed mixers, to name a few.

Advertisement – scroll for more content

To leverage its battery electric value chain, Volvo Penta has also ventured into battery systems for energy storage (or BESS subsystems). These energy-dense, purpose-built BESS subsystems can provide portable, sustainable energy for all-electric charging and reduce grid dependency.

Volvo battery
Source: Volvo Penta

Volvo Penta to deploy battery systems for energy storage

Volvo Penta recently announced a strategic partnership with e-power, a Belgian power solutions provider. Together, Volvo Penta and e-power will develop a scalable Battery Energy Storage System (BESS) for Boels Rental.

The collaboration continues a long-standing partnership between all three companies. Boels – one of the largest construction rental companies is a long-time customer of e-power generators that utilize Volvo Penta engines. As the company shifts toward electrification and sustainability, it will again turn to those companies to deliver reliable performance.

Volvo Penta’s BESS subsystem comprises battery packs, a Battery Management System (BMS), DC/DC converters, and thermal management, combining to offer a compact, high-density, and transport-friendly solution optimized for rental operations. The company shared that this BESS design is integration-ready, enabling other OEMs like e-power to adapt and scale systems to customer-specific needs. Per e-power business support director, Jens Fets:

We’ve built our reputation on reliability and efficient power systems. Working again with Volvo Penta, this time on battery energy storage, allows us to meet the growing demand for energy in a silent, low-emissions, compact and mobile design—especially in rental applications.

The deployment of these new battery energy storage systems will help Boels cater to its customers’ growing demand for clean, silent, and mobile energy solutions in construction and other industrial applications. 

Aside from being more quickly adaptable to customer needs, Volvo Penta says its BESS architecture marks an overall shift in rental power systems. This is welcome news for all who support a cleaner, more sustainable future across all industries.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

2026 Mercedes-Benz GLC EV exterior leaks ahead of schedule

Published

on

By

2026 Mercedes-Benz GLC EV exterior leaks ahead of schedule

That didn’t take long! Just a few hours after Mercedes revealed the screen-heavy interior of its upcoming 2026 GLC EV, photos of the new crossover’s exterior – and that controversial grille! – leaked on Instagram and Reddit. We’ve got them here.

Two days ahead of the GLC EV’s officially schedule global debut, images that reportedly show the new 2026 Mercedes undisguised have leaked on Instagram and Reddit. They show the blocky new light-up grille on the nose of a very smooth, jellybean-like crossover shape that, despite Mercedes’ insistence that it’s moving away from the EQ series’ design language, looks an awful lot like an EQ Mercedes.

Check out the leaked images from kindleauto’s Instagram account, below, and see if you agree with that assessment.

If you need to see more before you feel comfortable commenting on the new SUV’s looks, there’s a few more angles over on the r/mercedes_benz subreddit.

Advertisement – scroll for more content

Leaked exterior pictures of the upcoming GLC EV
byu/Quick_Coyote_7649 inmercedes_benz

As with everything else on the internet, take those unofficial images with a grain of salt and maybe wait until the GLC EV’s official reveal in a few days’ time before casting your final vote on the new look – but there’s very little reason to believe the new Mercedes will look terribly different from what you see here.

Will the new grille and tech-forward interior with its massive, 39″ screen and MB.OS software be enough to turn the tide for Mercedes-Benz, enabling it to finally gain some traction in the electric crossover market? That remains to be seen, but the recently updated Tesla Model Y and crisply-styled new BMW iX3 with its 500 miles of range will make it an uphill battle, for sure.

We got a sneak peek at the new GLC back in July, when Mercedes-Benz Group CEO, Ola Källenius said that, “We’re not just introducing a new model – we’re electrifying our top seller.” Back then, we learned that the new GLC EV would have a wheelbase 3.1″ longer than the current ICE-powered model, as well as more head- and leg-room for its occupants and an extra 4.5 cubic feet (for 61.4 total) of cargo space.

Källenius also promised an innovative new 800V electric architecture and the latest battery tech, which will enable the electric GLC to add around 260 km (~160 miles) of WLTP range in just ten minutes thanks to more than 300 kW of charging capability.

SOURCES | IMAGES: kindleauto; Quick_Coyote_7649.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending