Three out-of-the-box methods to commerce the rise of electrical automobiles in 2022

Investors should possibly be looking under the radar for electric vehicle games in the coming year, say two traders.

With popular stocks like Tesla and Nikola “We’re trying to play around the edges,” Nancy Tengler of Laffer Tengler Investments told CNBC “Trading nation” on Thursday.

“There are two ways for investors to nibble on the sides of the electric vehicle market,” said the company’s chief investment officer. “One is Borgwarner. “

Borgwarner, a $ 10.5 billion auto parts maker, is well on its way to delivering around 30% of powertrains or electric motors to the electric vehicle industry by 2023, Tengler said. It has also lagged the market this year, up less than 13% and trading at a relatively cheap price-to-earnings-ratio of 11, she said.

“The second way is copper, maybe a name like Freeport-McMoRan, some of the miners who will be supplying the EV manufacturers, “said Tengler.

A third tangential market could see a big reversal in 2022, said Quint Tatro, chief investment officer of Joule Financial, in the same interview.

Charging station stocks flash and Charging point could make a huge profit from President Joe Biden’s infrastructure plan of roughly $ 7.5 billion allocated to the industry, Tatro said.

Blink and ChargePoint stocks are down 33% and 52%, respectively, since the start of the year.

“These are stocks that we believe will experience some tax losses in the New Year, and I think these will be interesting trading opportunities early in January,” said Tatro.

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Ford to spend $610 million to recall three million autos

A visitor walks past a Ford Escape Titanium at a car show last April.

Greg Baker | AFP | Getty Images

DETROIT – Ford engine will recall 3 million older vehicles due to possible problems with their airbag inflators, estimated to cost the automaker $ 610 million.

The company confirmed the cost in a petition filed with the Securities and Exchange Commission Thursday after the closing bell. Ford stock fell into the red during after-business trading, down about 2%. The stock rose 6.2% on Thursday to $ 11.53 per share – the share highest close since June 2018. Ford’s market capitalization is more than $ 45 billion.

In the filing, Ford said the expense will be treated as a special item as part of its earnings for the fourth quarter on February 4th. This means he has no impact on Ford’s adjusted earnings before interest and taxes or adjusted earnings per share – closely watched items from Wall Street.

The National Highway Traffic Safety Administration turned down a 2017 petition from Ford on Tuesday to avoid recalling the vehicles carrying the potentially dangerous airbags made by auto supplier Takata.

The affected vehicles range from model years 2006 to 2012. These include Ford Ranger (2007-2011), Fusion (2006-2012), Edge (2007-2010), Lincoln MKZ / Zephyr (2006-2012), MKX (2007-2010 )) and Mercury Milan (2006-2011) vehicles.

The recall will affect approximately 2.7 million vehicles in the U.S. and approximately 300,000 in Canada and other locations, the company said.

Takata airbag inflators have been a constant issue for automakers for years. The failure can cause airbag inflators to burst and potentially deadly metal objects to fly inside the vehicle. The problem has been linked to the deaths of at least 27 people worldwide and 18 in the US, according to Reuters. The more than 67 million inflators problem is the largest automobile recall in US history