Energy

Under-the-radar, cheap stocks that may be worth buying for second half

0


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…



Source cnbc.com

0 0 votes
Article Rating

Bud Light, Corona flex brand strength to stand out among hard seltzers

Previous article

AMC Entertainment (AMC) Q2 2021 earnings beat

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Energy