NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

CNBC's Final Trades: Corteva, Palo Alto Networks, And This Energy Play

Published 14/09/2022, 13:14
© Shutterstock CNBC's Final Trades: Corteva, Palo Alto Networks, And This Energy Play
PANW
-
CTVA
-
ENRY
-

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said that Corteva Inc (NYSE: CTVA) increased its buyback to $2 billion at their Investor Day on Tuesday. “They just increased their buyback a month ago to $1 billion. So, now you’ve got $3 billion,” Link mentioned. “You have pricing power, you gave crop protection exposure and just a great management team,” she added.

Jason Snipe of Odyssey Capital Advisors said he likes Palo Alto Networks Inc (NASDAQ: NASDAQ:PANW) here. “As you shift through the carnage, I think Palo Alto with 25% of revenue growth ahead… I think it still continues to be an opportunity,” he mentioned.

Check out this energy ETF making moves in the premarket.

Josh Brown of Ritholtz Wealth Management said, “The most buyable dips there are in this market are in energy.” iShares US Oil & Gas Exploration & Production ETF (BATS: IEO) is “where you wanna be this year,” he added.

Also Read: CPI Data Throws The SPY (NYSE:SPY), Stock Market Into Chaos: What's Going On?

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.