Bitcoin Trust, Cheniere Energy And More On CNBC's 'Final Trades'

Zinger Key Points
  • Shannon Saccocia names iShares U.S. Real Estate ETF as her final trade.
  • Bill Baruch of Blue Line Capital likes Cheniere Energy.

On CNBC's “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners named iShares Bitcoin Trust ETF IBIT as his final trade.

Bill Baruch of Blue Line Capital said he likes Cheniere Energy, Inc. LNG.

On Oct. 31, Cheniere Energy reported better-than-expected third-quarter financial results and raised its fiscal year 2024 adjusted EBITDA guidance.

Cheniere Energy reported quarterly earnings of $3.93 per share which beat the analyst consensus estimate of $1.87 per share. The company reported quarterly sales of $3.763 billion which beat the analyst consensus estimate of $3.729 billion.

Wells Fargo analyst Michael Blum maintained Cheniere Energy with an Overweight and raised the price target from $213 to $235 on Wednesday.

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Shannon Saccocia of NB Private Wealth picked iShares U.S. Real Estate ETF IYR.

Joseph M. Terranova of Virtus Investment Partners named iShares MSCI Israel ETF EIS as his final trade.

Price Action:

  • Cheniere Energy shares fell by 1.9% to close at $206.65 on Wednesday.
  • iShares Bitcoin Trust ETF fell 5.9% during Wednesday's session.
  • iShares U.S. Real Estate ETF fell by 4.1% on Wednesday.
  • iShares MSCI Israel ETF declined by 2% during Wednesday's session.

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