Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC's “Halftime Report Final Trades,” DCLA managing partner Sarat Sethi said he likes dividend and cash flow of Chevron Corporation (NYSE:CVX).
Chevron and Exxon Mobil Corporation (NYSE:XOM), reportedly plan to file a federal lawsuit to oppose the Biden administration's efforts to cut emissions from cars and light trucks and promote electric vehicle manufacturing.
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Jenny Van Leeuwen Harrington of Gilman Hill Asset Management said FLEX LNG Ltd. (NYSE:FLNG) has a 12% dividend yield.
On May 23, Flex LNG posted better-than-expected results for its first quarter.
Jim Lebenthal of Cerity Partners said he purchased Adobe Inc. (NASDAQ:ADBE) this week on the back of last week's earnings report.
On June 13, Adobe reported second-quarter revenue of $5.31 billion, beating the consensus estimate of $5.292 billion. The company reported quarterly adjusted earnings of $4.48 per share, beating analyst estimates of $4.39 per share.
Joshua Brown of Ritholtz Wealth Management named Electronic Arts Inc. (NASDAQ:EA) as his final trade.
Electronic Arts is scheduled to host an Investor Day with institutional investors and financial analysts in New York City on Tuesday, Sept. 17.
Price Action:
- FLEX LNG shares gained 4.7% to close at $27.03 during Thursday's session.
- Adobe shares rose 0.1% to close at $522.95 on Thursday.
- Chevron gained 2.2% to close at $156.64 during Thursday's session.
- Electronic Arts fell 0.2% to close at $137.85 on Thursday.
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