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CNBC's Final Trades: Canadian Natural Resources, Ericsson Telefon, Duke Energy And This Tech Stock

Published 04/04/2022, 13:31
Updated 04/04/2022, 14:10
© Reuters.  CNBC's Final Trades: Canadian Natural Resources, Ericsson Telefon, Duke Energy And This Tech Stock

On CNBC’s “Halftime Report Final Trades,” Richard Saperstein of HighTower Treasury Partners said Canadian Natural Resources Ltd (NYSE: CNQ) had 11% free cash flows and 3.8% dividend yield. The stock is a “great hedge against current environment,” he added.

Pete Najarian chose Ericsson (BS:ERICAs) as his pick. Referring to the options market performance of Swedish telecom major Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Najarian said, “They’re buying April 10s again, twice now in the last three days.”

Stephen Weiss of Short Hills Capital Partners recommended going long on Duke Energy Corp (NYSE: NYSE:DUK) but said he was staying in cash for now. Check out energy stocks making big moves in the premarket.

Shannon Saccocia of Boston Private named Intuitive Surgical, Inc (NASDAQ: NASDAQ:ISRG) as her final trade. Shares of Intuitive Surgical have lost more than 15% year to date.

Also Read: CNBC's Final Trades: Carlyle Group (NASDAQ:CG), Oracle (NYSE:ORCL), Kinder Morgan (NYSE:KMI) And This Defensive Play

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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