On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said Diamondback Energy, Inc. (NASDAQ: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 (NYSE:TSM) as his final trade.
TSMC reported a 34.8% month-over-month increase in net revenue for October.
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Bill Baruch of Blue Line Futures picked Adobe Inc. (NASDAQ: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. (NASDAQ: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.
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