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ITT to Unveil Electric Vehicle Charging Solutions in EVS 30
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ITT Inc.’s (ITT - Free Report) Cannon brand is slated to unveil a comprehensive portfolio of premium electric vehicle (EV) charging solutions in EVS 30 -- the Electric Vehicle Symposium and Exhibition -- slated to be held this October at Stuttgart, Germany. The move is in sync with the company’s motto to link the future of e-mobility with state-of-the-art EV charging solutions.
Over the last month, ITT Inc.’s shares yielded a return of 12.3%, outperforming 3.6% growth recorded by the industry.
Notably, the company’s earnings are predicted to grow nearly 15% in the next three to five years. This Zacks Rank #3 (Hold) stock is poised to grow on the back of stronger innovation and greater operational efficacy. However, on the other side, sluggish oil & gas industry, as well as the aerospace and defense business might partially dent its near-term performance.
Inside the Headlines
Currently, prolonged charging periods is primarily limiting the rapid adaptation of electric vehicles. In EVS 30, ITT Inc.’s Cannon brand will roll out its new advanced liquid cooled, Direct Current (DC) High Power Charging system (HPC). It will charge vehicles with a speed of 60 mile/100kilometres in just minutes. The system will include a cable, connector and a cooling unit.
Moreover, the company will unveil a wide portfolio of Alternative Current (AC) charging solutions in the exhibition. These solutions will comprise amperage range of 10A-80A. The company noted that this solution will enable charging of up to 500 amperage (A) at 1,000 Volt (V), potentially offering a 60-mile charge within almost three to five minutes.
Stocks to Consider
Better-ranked stocks in the industry are listed below:
Danaher Corporation (DHR - Free Report) carries a Zacks Rank #2 (Buy). The company’s earnings are projected to grow 12.4% in the next three to five years.
Barloworld Ltd. (BRRAY - Free Report) also holds a Zacks Rank #2, at present. The company’s earnings are anticipated to climb 17.3% during the same time frame.
4 Stocks to Watch after the Massive Equifax Hack
Cybersecurity stocks spiked on recent news of a data breach affecting 143 million Americans. But which stocks are the best buy candidates right now? And what does the future hold for the cybersecurity industry?
Equifax is just the most recent victim. Computer hacking and identity theft are more common than ever. Zacks has just released Cybersecurity! An Investor’s Guide to inform Zacks.com readers about this $170 billion/year space. More importantly, it highlights 4 cybersecurity picks with strong profit potential.
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ITT to Unveil Electric Vehicle Charging Solutions in EVS 30
ITT Inc.’s (ITT - Free Report) Cannon brand is slated to unveil a comprehensive portfolio of premium electric vehicle (EV) charging solutions in EVS 30 -- the Electric Vehicle Symposium and Exhibition -- slated to be held this October at Stuttgart, Germany. The move is in sync with the company’s motto to link the future of e-mobility with state-of-the-art EV charging solutions.
Over the last month, ITT Inc.’s shares yielded a return of 12.3%, outperforming 3.6% growth recorded by the industry.
Notably, the company’s earnings are predicted to grow nearly 15% in the next three to five years. This Zacks Rank #3 (Hold) stock is poised to grow on the back of stronger innovation and greater operational efficacy. However, on the other side, sluggish oil & gas industry, as well as the aerospace and defense business might partially dent its near-term performance.
Inside the Headlines
Currently, prolonged charging periods is primarily limiting the rapid adaptation of electric vehicles.
In EVS 30, ITT Inc.’s Cannon brand will roll out its new advanced liquid cooled, Direct Current (DC) High Power Charging system (HPC). It will charge vehicles with a speed of 60 mile/100kilometres in just minutes. The system will include a cable, connector and a cooling unit.
Moreover, the company will unveil a wide portfolio of Alternative Current (AC) charging solutions in the exhibition. These solutions will comprise amperage range of 10A-80A. The company noted that this solution will enable charging of up to 500 amperage (A) at 1,000 Volt (V), potentially offering a 60-mile charge within almost three to five minutes.
Stocks to Consider
Better-ranked stocks in the industry are listed below:
Bunzl PLC (BZLFY - Free Report) sports a Zacks Rank #1 (Strong Buy). In the next three to five years, the company’s earnings are estimated to be up 3.2%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Danaher Corporation (DHR - Free Report) carries a Zacks Rank #2 (Buy). The company’s earnings are projected to grow 12.4% in the next three to five years.
Barloworld Ltd. (BRRAY - Free Report) also holds a Zacks Rank #2, at present. The company’s earnings are anticipated to climb 17.3% during the same time frame.
4 Stocks to Watch after the Massive Equifax Hack
Cybersecurity stocks spiked on recent news of a data breach affecting 143 million Americans. But which stocks are the best buy candidates right now? And what does the future hold for the cybersecurity industry?
Equifax is just the most recent victim. Computer hacking and identity theft are more common than ever. Zacks has just released Cybersecurity! An Investor’s Guide to inform Zacks.com readers about this $170 billion/year space. More importantly, it highlights 4 cybersecurity picks with strong profit potential.
Get the new Investing Guide now>>