Advertisement

Zoom, NextEra Energy And An Energy Stock: CNBC's 'Final Trades'

Avi Kapoor 8 months ago

Long IdeasNewsMarketsMediaTrading Ideas

Flex LNG has a 10% yield, NextEra Energy is a top pick by Aureus Asset Management, and Zoom Communications is named as final trade by Requisite Capital Mgmt.

On CNBC's “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said FLEX LNG Ltd. (NYSE:FLNG) has a 10% yield.

On the earnings front, Flex LNG, on Feb. 11, reported fourth-quarter earnings of 43 cents per share which missed the analyst consensus estimate of 46 cents per share. The company reported quarterly sales of $87.537 million which beat the analyst consensus estimate of $85.460 million.

Kari Firestone, executive chairman Aureus Asset Management, picked NextEra Energy, Inc. (NYSE:NEE), a utility stock.

Supporting her view, UBS analyst William Appicelli maintained NextEra Energy with a Buy rating and raised the price target from $91 to $104 on Thursday.

Don't forget to check out our premarket coverage here

Bryn Talkington, managing partner of Requisite Capital Management, named Zoom Communications, Inc. (NASDAQ:ZM) as her final trade.

Zoom Communications, on Feb. 26, posted mixed fourth-quarter results. Adjusted earnings per share of $1.44 missed the $1.49 consensus estimate, while revenue of $1.247 billion edged past the $1.232 billion forecast, according to Benzinga Pro data.

Price Action:

  • FLEX LNG shares rose 0.5% to close at $29.62 on Thursday.
  • NextEra Energy shares fell 1.6% to close at $91.13 during the session.
  • Zoom shares declined 0.9% to settle at $77.33 on Thursday.

Photo via Shutterstock

Read the original

Advertisement