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Qualcomm, Taiwan Semiconductor, Diamondback Energy And More On CNBC's 'Final Trades'

Published 27/12/2023, 14:07
© Reuters.  Qualcomm, Taiwan Semiconductor, Diamondback Energy And More On CNBC's 'Final Trades'

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management named Pacer US Small Cap Cash Cows 100 ETF (OTC: CALF), which has a 12.8% free cash flow yield.

Jim Lebenthal of Cerity Partners picked QUALCOMM Incorporated (NASDAQ: QCOM).

Alphabet Inc's Google, Meta Platforms Inc, Qualcomm, and seven other technology companies have formed the Coalition for Open Digital Ecosystems (CODE) in response to new EU technology regulations.

Don’t forget to check out our premarket coverage here

Stephen Weiss of Short Hills Capital Partners named Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) as his final trade.

Mark Liu, Chairman of Taiwan Semiconductor Manufacturing, is set to retire next year. Having been with the company since 1993, Liu assumed the role of chairman following the retirement of founder Morris Chang in June 2018.

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Joseph Terranova of Virtus Investment Partners picked Diamondback Energy, Inc. (NASDAQ: FANG), saying momentum is "strong in energy right now."

Raymond James analyst John Freeman, last week, maintained Diamondback Energy with a Strong Buy and lowered the price target from $214 to $190.

Price Action: QUALCOMM shares gained 1.4% to close at $145.46, while Taiwan Semiconductor Manufacturing Company gained 1.3% to $104.45 on Tuesday. Diamondback Energy gained 1.7% to $159.00, while Pacer US Small Cap Cash Cows 100 ETF gained 1.1% during Tuesday’s session.

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

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