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Search resuls for: "Tengler Investments"


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CNBC's "Trading Nation" asked two of its traders which of the most beaten-down stocks could be setting up to rebound in the new year. Nancy Tengler, CEO and chief investment officer at Laffer Tengler Investments, highlighted payments company Block , the company formerly known as Square. Joule Financial president Quint Tatro instead is focusing on casino stock Las Vegas Sands, which is down more than 35% this year. "Las Vegas Sands has really experienced a double whammy this year. Las Vegas Sands generates nearly half of its revenue from Macao, a gambling destination off the coast of mainland China.
Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, "we're trying to play around the edges," Laffer Tengler Investments' Nancy Tengler told CNBC's "Trading Nation" on Thursday. "There's two ways for investors to nibble around the sides of the EV market," the firm's chief investment officer said. A $10.5 billion auto-parts manufacturer, Borgwarner is on track to supply around 30% of powertrains, or electric motors, to the EV industry by 2023, Tengler said. A third tangential market could see a big reversal in 2022, Joule Financial Chief Investment Officer Quint Tatro said in the same interview.
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