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CNBC's Final Trades: Nvidia, Consumer Discretionary And These 3 Energy Plays

On CNBC’s “Halftime Report Final Trades,” Degas Wright of Decatur Capital Management said Enterprise Products Partners L.P.

Benzinga · 07/28/2022 08:05

On CNBC’s “Halftime Report Final Trades,” Degas Wright of Decatur Capital Management said Enterprise Products Partners L.P. (NYSE:EPD) has 50,000 miles of pipelines transporting natural gas and diesel. The company offers a 7% dividend yield, he added.

Stephen Weiss of Short Hills Capital Partners chose Devon Energy Corp (NYSE:DVN), saying the company is 50-50 natural gas and oil.

“Management is phenomenal” and natural gas will “continue to go up in price,” he said. 

Check out other energy stocks making moves in the premarket.

Joseph Terranova of Virtus Investment Partners said there is momentum in Nvidia Corporation (NASDAQ:NVDA) and it’s not a time to sell shares.

Jim Lebenthal of Cerity Partners named Exxon Mobil Corp (NYSE:XOM) as his final trade.

Liz Young of BNY Mellon Investment Management chose iShares US Consumer Discretionary ETF (BMV:IYC). Young said she expects the growth sector to “lead us out of this bear market.”