Adobe, Sirius XM, TSMC And An Energy Stock On CNBC's 'Final Trades'

Zinger Key Points
  • Bryn Talkington recommends Diamondback Energy for its strong free cash flow yield.
  • Stephen Weiss picks Taiwan Semiconductor, highlighting impressive monthly revenue growth.

On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management said Diamondback Energy, Inc. FANG has a 10% free cash flow yield and is "one of the best operators" in the E&P space.

Diamondback Energy recently reported better-than-expected results for its third quarter, according to data from Benzinga Pro.

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

TSMC reported a 34.8% month-over-month increase in net revenue for October.

Don’t forget to check out our premarket coverage here

Bill Baruch of Blue Line Futures picked Adobe Inc. ADBE

Adobe’s $20 billion takeover of Figma Inc will reportedly face an EU antitrust warning in the coming days.

Josh Brown of Ritholtz Wealth Management named Sirius XM Holdings Inc. SIRI.

According to a regulatory filing, Warren Buffett's Berkshire Hathaway bought 9.68 million shares of Sirius XM stock in the third quarter.

Price Action: Diamondback Energy shares fell 2.1% to close at $152.50, while Taiwan Semiconductor Manufacturing shares fell 0.3% to settle at $98.54 on Thursday. Adobe gained 1.1% to $602.06, while Sirius XM fell 1.2% to $5.13 during Thursday’s session.

Check This Out: How To Earn $500 A Month From Target Stock Following Earnings Beat

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!