share_log

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

Benzinga ·  Dec 19 21:41

On CNBC's "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named iShares Bitcoin Trust ETF (NASDAQ:IBIT) as his final trade.

Bill Baruch of Blue Line Capital said he likes Cheniere Energy, Inc. (NYSE: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.

Don't forget to check out our premarket coverage here

Shannon Saccocia of NB Private Wealth picked iShares U.S. Real Estate ETF (NYSE:IYR).

Joseph M. Terranova of Virtus Investment Partners named iShares MSCI Israel ETF (NYSE: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.
  • Top 3 Tech And Telecom Stocks That May Crash This Month

Image: Shutterstock

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment