Chevron, Adobe, FLEX LNG And A Video Game Publisher: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” DCLA managing partner Sarat Sethi said he likes dividend and cash flow of Chevron Corporation CVX.

Chevron and Exxon Mobil Corporation 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. 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. 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. 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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