Author: Yarhow_Finance Online News

3 Industrial Stocks With Decent Dividend Yield to Bank On

The Zacks Industrial Products sector is benefiting from strength across several end-markets, thanks to an increase in industrial production. Per data released by the Federal Reserve, total industrial production increased 0.6% in July, with manufacturing output rising 0.7%. The July index was 3.9% higher than the year-ago level, supported primarily by a 6.6% rise in… Continue reading 3 Industrial Stocks With Decent Dividend Yield to Bank On

Volkswagen (VWAGY) to Proceed With Porsche IPO Amid Market Woes

Volkswagen AG VWAGY, on Sep 5, announced that it would float its celebrated sports car maker, Porsche Automobil Holding SE POAHY, in what could be one of Europe’s largest initial public offering (IPO). The IPO marks a further step in the occasionally fraught relationship the two auto leaders share. Volkswagen intends to plan the IPO… Continue reading Volkswagen (VWAGY) to Proceed With Porsche IPO Amid Market Woes

Ford’s (F) August U.S. Sales Up Year Over Year on EV Growth

Ford Motor Co. F has witnessed an increase of 27.3% year over year in its August U.S. sales. The automaker reported sales of 158,088 new vehicles for the month. This includes Ford sales of 151,695 vehicles, up 27.5% and Lincoln sales of 6,393 vehicles, up 24%. The Ford brand has become America’s best-selling brand for… Continue reading Ford’s (F) August U.S. Sales Up Year Over Year on EV Growth

Tesla Stock Vs. BYD Stock: EV Giant Sets Huge Goal As Sales Soar, Plans Thai Factory

Reuters SK Hynix to invest $11 billion in new South Korea chip plant SEOUL (Reuters) -SK Hynix Inc, the world’s second-largest memory chip maker, said on Tuesday it will invest 15 trillion won ($10.9 billion) over the next five years to build a new chip plant in South Korea. Construction of the facility, called M15X,… Continue reading Tesla Stock Vs. BYD Stock: EV Giant Sets Huge Goal As Sales Soar, Plans Thai Factory

China’s BYD Jumps to No. 2 in Global Electric-Car Battery Market

(Bloomberg) — BYD Co. jumped to second place in global electric-car battery rankings in July, overtaking LG Energy Solution Ltd. as China’s demand for clean cars surges. Most Read from Bloomberg The Chinese car and battery maker supplied 6.4 gigawatt-hours of batteries in July, behind only giant Contemporary Amperex Technology Co. with 13.3 GWh. LG… Continue reading China’s BYD Jumps to No. 2 in Global Electric-Car Battery Market

5 Low Price-to-Book Stocks to Buy in September

Price to earnings (P/E) and price to sales (P/S) are the first ratios that come to an investor’s mind for narrowing down a list of undervalued stocks. However, the price-to-book ratio (P/B ratio), though underrated, is also an easy-to-use valuation tool for identifying low-priced stocks with high-growth prospects. The P/B ratio is calculated as below:… Continue reading 5 Low Price-to-Book Stocks to Buy in September

EV Roundup: NKLA’s Equity Offering, Tesla’s Plan for Driverless Cars & More

Last week, China-based electric vehicle (EV) stars NIO Inc. NIO, Li Auto LI and XPeng Inc. XPEV announced their delivery updates for August. While NIO recorded a rise in deliveries from July levels, XPeng and Li Auto witnessed a month-over-month fall in sales. A slowdown in the Chinese economy, along with supply chain snarls induced… Continue reading EV Roundup: NKLA’s Equity Offering, Tesla’s Plan for Driverless Cars & More

BYD Sinks as Buffett Trims Stake, Daiwa Predicts Full Exit

(Bloomberg) — Traders offloaded more shares of BYD Co. on Monday after a second filing showed Warren Buffett’s Berkshire Hathaway Inc. had further trimmed its stake in the company. Most Read from Bloomberg The Chinese automaker’s stock dropped as much as 6.8% to the lowest level since May 10 in Hong Kong. The selloff extended… Continue reading BYD Sinks as Buffett Trims Stake, Daiwa Predicts Full Exit

BorgWarner (BWA) Down 2.6% Since Last Earnings Report: Can It Rebound?

It has been about a month since the last earnings report for BorgWarner (BWA). Shares have lost about 2.6% in that time frame, outperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is BorgWarner due for a breakout? Before we dive into how investors and analysts… Continue reading BorgWarner (BWA) Down 2.6% Since Last Earnings Report: Can It Rebound?