The S & P 500 will wrap up the fourth quarter this week and is on track to gain about 5.5% over the three-month period from October through December, as of the close on Wednesday, Dec. 28. The positive performance represents the only quarter of gains in 2022, breaking what had been the longest losing streak since 2008. What made the fourth quarter stand out from the first three of the year? First off, equities finally found some reprieve from the strong U.S. dollar , which peaked on Sept. 27, right before the end of the third quarter. The strong dollar has been a headwind to multinationals all year because it makes revenues generated outside the U.S. smaller when converted from foreign currencies. Also helping equity valuations was the peak in Treasury yields on Oct. 24. After yet another volatile quarter in the books, we’ve reviewed how our portfolio fared in the 3 months ended Dec. 31, using the close on Dec. 28 as our reference point. Here’s a snapshot of the best and worst performers in the Investing Club’s 33-stock portfolio for the fourth quarter, starting with our top 4 performers. (Note: We’re excluding our most recent initiation, Emerson Electric (EMR), from the rankings since the stock was purchased in mid-December. Shares of this industrial automation company have gained about 30.1% in the fourth quarter.) Top performers Taking the crown was Halliburton ( HAL), with a huge gain of around 54.7% for the quarter. What a difference a quarter can make. Shares of this oil-services company were the biggest laggard in the portfolio during the third quarter . The turnaround in performance shows that Halliburton was briefly a broken stock, not a broken company. Earnings also did the trick. In late October, Halliburton delivered strong third-quarter results , including improved operating margins thanks to healthy demand for its equipment and services. The gains were even more impressive when considering that the price of a barrel of West Texas Intermediate crude oil closed a volatile quarter roughly at the same price it traded at the start of October. Second place was a tie. Wynn Resorts (WYNN) gained 27.1% in the quarter. This was the second quarter in a row that Wynn made our top 4 list. Shares of this Macao-centric casino operator gained 10.6% in the third quarter. Wynn’s strong stock performance can be attributed to China’s pivot away from its strict zero-Covid policy . Wynn shares appreciated because investors finally gained some visibility into when the world’s second-largest economy will recover. It also helped that Wynn’s properties in Las Vegas and Boston continued to perform at a high level. Honeywell (HON) also climbed 27.1% in the quarter. Usually cyclicals are the ones that get hit when recession risks are fresh on investors’ minds. But, it was actually the industrials that were among the strongest performers in the quarter. In late October, Honeywell delivered a solid earnings beat for the third quarter and management raised the low end of its full-year outlook by about 15 cents a share. With Honeywell’s strong exposure to aerospace, oil-and-gas and non-residential construction, the company isn’t tied to the industrial end-markets that are currently facing declines. Fourth place was TJX Companies (TJX), which gained about 26.7% in the quarter. This was the second quarter in a row that TJX made our top 4 list. This off-price retailer was the portfolio’s top performer in the third quarter, gaining about 11.4%. The stock briefly broke above $80 a share and hit new all-time highs in reaction to a strong third-quarter earnings report . In addition to the positive results, management had been upbeat about the buying environment and merchandise opportunities heading into the holiday season. As an off-price retailer, TJX takes advantage of inventory gluts across the retail sector by purchasing quality brands at liquidation prices. The stocks that fared the best quarter-to-quarter changed frequently throughout the year. This highlights the difficulty of predicting what sector or group of stocks will outperform from one period to the next. It’s why we always strive to stay diversified and invest in high-quality companies across different industries. Worst performers Turning to what didn’t work in the fourth quarter, the worst performer for the club was Amazon (AMZN), which fell 27.6% in the quarter. Poor earnings and a disappointing fourth-quarter outlook were the major catalysts behind this decline. From online retail to its cloud unit, the weakening macroeconomic picture and high inflation negatively impacted nearly every part of Amazon’s business. It also didn’t help that Amazon stock was richly priced during a time in which valuations across the stock market have been adjusted due to higher interest rates. It has the highest price-to-earnings (PE) multiple of mega cap tech stock. Since Amazon has a premium PE multiple, it essentially has more room to fall. Second was Meta Platforms (META), which saw its share price come down by 14.2% in the fourth quarter. Meta went through a whole host of issues this quarter, mainly centering around its third-quarter earnings report . Revenues declined year-over-year for the second quarter in a row, but that was mostly anticipated by the market. What shocked the market the most was how management completely lost control over its expenses, with many billions of dollars earmarked for the Metaverse, an expensive endeavor with no real business case yet. Fortunately, Meta started to listen to the gripes of its shareholder base a few weeks later. The company announced it would lay off 13% of its workforce and tweaked lower its 2023 total expenses outlook. The news marked a step in the right direction, but Meta must do more to protect its earnings amid a slowdown in advertising spending. Bausch Health Companies (BHC) was the third worst-performing stock for the Club in the fourth quarter, with shares of this specialty pharmaceutials company dropping 11.6% in the quarter. There wasn’t much news impacting BHC this quarter, but its investment case remains a challenged one. Investors remain concerned about Bausch’s high debt load and lack of clarity around when a key drug, Xifaxan, will lose patent protection. This is a market that wants profitable companies with strong balance sheets, along with cash returns to shareholders through dividends and buybacks. Bausch may be profitable, but its bad balance sheet in a slowing economy will keep shareholders away. On the bright side, Bausch could move to spin off Bausch + Lomb (BLCO) in 2023, an event that would unlock value for BHC shareholders. The fourth worst performer was Walt Disney (DIS), which fell 10.8% in the quarter It all unraveled for Disney after it reported a much weaker-than-expected fiscal fourth quarter in November. Margins at the theme park division contracted and the losses from its streaming services swelled well beyond expectations. We made clear that a shakeup in leadership was necessary after that disaster of a quarter, and we got it. Bob Iger is back as CEO , having replaced Bob Chapek. He’s the steady hand Disney needs to course correct and provide more thoughtful navigation of cord-cutting at the company’s media division, while positioning the streaming business toward profitable growth. The common denominator this quarter was weakness in technology stocks. This group was once lauded for its secular growth characteristics, but as we have learned the hard way this year, many have closer ties to the economic cycle than previously thought. And if you aren’t profitable, then forget about it. An additional problem facing tech is that so many companies saw their businesses boom during the height of the Covid-19 pandemic, forcing them to overinvest, overspend and, some cases, increase inventories to keep up with the rapid uptick in demand. Now, many have become overstaffed, with bloated cost structures. What may be needed for these companies to sustainably rally again is to realign expense growth with the new reality of slowing revenue. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Workers walk towards Halliburton Co. “sand castles” at an Anadarko Petroleum Corp. hydraulic fracturing (fracking) site north of Dacono, Colorado, U.S., on Tuesday, Aug. 12, 2014.
Jamie Schwaberow | Bloomberg | Getty Images
The S&P 500 will wrap up the fourth quarter this week and is on track to gain about 5.5% over the three-month period from October through December, as of the close on Wednesday, Dec. 28. The positive performance represents the only quarter of gains in 2022, breaking what had been the longest losing streak since 2008.
Forget fiddling with derailleurs and gear levers mid-commute. Instead, Bafang wants to make urban e‑biking smoother than ever with its all-new H730 hub motor, featuring its patented GVT (Gear Variable Transmission) technology. The idea is to combine the advantages of internally geared hubs with Bafang’s own hub motors to create an internally geared hub motor.
We covered Bafang’s GVT technology after seeing it first-hand on a tour of the company’s headquarters in China. Now we’re getting a look at a new 3-speed version, which takes the original 2-speed concept even further.
Launched this summer, this new hub motor packs a 3‑speed automatic gearbox that shifts gears seamlessly based solely on riding speed – no rider input needed.
The benefits are immediate: durability, simplicity, and less maintenance. Without derailleurs, cables, or external shifters cluttering the setup, the H730 boasts a clean, minimalist rear-end design, not to mention the benefits of weatherproofing the transmission to handle rain, mud, and debris.
Advertisement – scroll for more content
The 250W motor includes a torque sensor and smart controller to analyze riders’ pedal input in real time, suppressing pedal lag while delivering smooth acceleration up to 25 km/h (15.5 mph). It’s an ideal match for daily commuting, where energy efficiency and responsiveness matter. The speed limit fits European-regulation bikes, but it would make sense to see Bafang introduce a slightly faster 20 mph (32 km/h) version for the North American market.
That’s even more likely considering Bafang seems to be targeting broad compatibility, with the company highlighting how the H730 plays well with belt-drive systems and minimalist e‑bike frames.
The GVT system itself is the culmination of nearly two decades of innovation, Bafang explained. Since its introduction with the H700 motor in 2022, over 40 global e‑bike brands, covering everything from urban commuters to fat‑tire and cargo e-bikes, have adopted GVT-powered solutions.
Bafang seems to be positioning the GVT as the foundation of a platform, with the company seeing the H730 as a springboard for integration into shared‑bike fleets, folding bicycles, and e‑bike systems built to last. That’s a compelling narrative for urban mobility: fewer moving parts, smarter automation, and a ride experience tuned for simplicity and longevity.
Electrek’s Take
I love this solution because we’ve normally had to choose between an internally geared hub OR a hub motor, but not both. Getting an IGH normally meant shelling out for a more expensive mid-drive motor, but now it’s possible to get the benefits of both. An economical hub motor can keep prices more affordable, while the IGH means you don’t have the muss and fuss of a derailleur.
I wish the system also worked through the motor itself (i.e. could downshift the motor for more torque on hill climbs), but this is still great progress for the industry. And who knows, maybe Bafang has gear-shifting hub motors in development somewhere to give us the multi-ratio motors we want. Until then, this looks pretty cool.
FTC: We use income earning auto affiliate links.More.
EV charging is everywhere now, and it’s reliable, accessible, and affordable. There thousands of public chargers are already out there – and, in some places, you’ll find more plugs than pumps. But if you don’t drive electric, you’d never know it. That’s because gas stations don’t just exist, they announce themselves with giant, illuminated signs that can be seen for miles, while EV chargers tend to just sort of sit, nestled away in the back of the parking lot.
That’s why the new EV Totem from Blink Charging is such a big deal. It doesn’t just charge your car, it stands tall, lights up, and tells the world: electric fuel is here, now.
If you were on a road trip, and your tank was low, how confident would you be in your ability to find gas if you were greeted by the sight of Breezewood, PA, above? We might shake our heads at late adopters of EVs, we might dismiss the things we don’t notice ourselves, but the fact remains that my father-in-law can drive some sea-to-shining-sea of this still (relatively) great country with no plan, no map, and no app, and feel pretty secure in his ability to find gas.
Can you honestly, before spirits of Henry, Lee, God, and the DSM-V, look at that picture and believe that your parents would have similar confidence in their ability to find charging?
Advertisement – scroll for more content
Now, imagine that all those thousands of EV chargers that you and I both know are out there. Imagine they were Blink EV Totems. Twenty feet tall, fully illuminated, and proudly proclaimed that here, weary traveler, was a place that you could – if you had an EV – simply pull up and plug in. Just like the gas stations out there have been proclaiming for nearly a hundred years.
Do you think they’d feel better slipping behind the wheel of an EV then?
No need to imagine
Co-developed by Blink Charging and Universal Media, the EV Totem concept combines Blink car chargers with elevated, 55″ screens to help maximize their eye-catching visibility. It’s a clever solution, and, while we’ve seen chargers with screens before, lifting the screens up above the cars in a parking lot makes them significantly more visible.
But because it’s 2025 and everything is terrible, instead of the EV Totem’s screens simply announcing the availability of reliable EV charging nearby or educating consumers about off-peak savings and duck curves, they’re designed to serve non-stop ads while collecting data that, “provides real-time insights for brands and property partners.”
“The EV Totem is designed to transform EV charging into a smarter, connected platform — one that delivers value for drivers while unlocking new opportunities for brands, property partners, and communities,” said Todd Cohen, Co-founder and CEO of Universal Media LLC, without even the slightest hint of remorse.
Blink’s EV Totem units are available now, with the first units already in service at Mountain View Village, a retail and lifestyle destination (read: strip mall) in SLC.
Electrek’s Jo’s Take
Electrify America gets it, via Electrify America.
Visibility matters, and electric charging stations are almost totally invisible in real life. What that means for most drivers is that, unless they’re in a Tesla or using a third-party app, they might have a tough time seeing public charging stations, even if they’re relatively close as the crow flies. Even if they’re plentiful.
The reality is that all those signs advertising gasoline create confidence on a subliminal level that gas, snacks, and restrooms are everywhere. Meanwhile, the EV charging signs (where they exist at all) are just too small, too bashful to be effective. EV charging is invisible to generations of ICE drivers, and we – as EV ambassadors – need to put ourselves in those drivers’ shoes, meet them where they are, and demand that the electric fuel industry do a better job of selling that same institutional kind of confidence.
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.
The floodgates are open following a landmark $243 million ruling against Tesla in a wrongful death suit in Florida, and now that same lawyer is thirsty for more. He’s not alone, either, and America’s leading EV brand seems to be dodging court issues in California and even from its own shareholders! We’ve got all this and more on today’s ruinous episode of Quick Charge!
We’ve also got some killer deals on J.D Power award-winning 2026 BMW electric and plug-in hybrid models and a massive, 82 MW community solar project happening right here in Chicago.
Today’s episode is brought to you by Retrospec—makers of sleek, powerful e-bikes and outdoor gear built for everyday adventure. Check out Retrospec’s viral city ebike, the Beaumont Rev 2, made with a vintage-inspired frame design and modern electric features, all for just $999! Electrek listeners can get 10% off their next ride until August 14 with the exclusive code ELECTREK10 only at retrospec.com.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (most weeks, anyway). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
Got news? Let us know! Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.
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.