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CrowdStrike, Fortive And This Energy Giant: CNBC's 'Final Trades'

Published 06/10/2023, 13:55
Updated 06/10/2023, 15:10
© Reuters.  CrowdStrike, Fortive And This Energy Giant: CNBC's 'Final Trades'
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Benzinga - by Priya Nigam, Benzinga Staff Writer.

On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners said ExxonMobil Corporation (NYSE: XOM) has a 3.2% dividend yield and is buying back shares

ExxonMobil is reportedly on the brink of acquiring Pioneer Natural Resources Co. (NYSE: PXD). The deal is worth approximately $60 billion and could transform the U.S. oil landscape.

Karen Firestone of Aureus Asset Management named Fortive Corporation (NYSE: FTV) as her final trade.

Fortive reported second-quarter sales growth of 4.3% year-over-year to $1.53 billion, beating the consensus of $1.51 billion.

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Joshua Brown of Ritholtz Wealth Management picked CrowdStrike Holdings, Inc. (NASDAQ: CRWD). The company’s stock has gained sharply year-to-date.

CrowdStrike announced the launch of cybersecurity's first zero-code application development platform.

Price Action: CrowdStrike shares gained 0.8% to close at $165.29, while Fortive gained 0.9% to settle at $74.60 on Thursday. Exxon Mobil shares fell 2.3% to settle at $108.99 on Thursday.

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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