Exxon Mobil, Chemed, Las Vegas Sands And More On CNBC's 'Final Trades'
Exxon Mobil is a big company that sells oil. They want to sell some of their things in Nigeria, and the leader of Nigeria said they might approve the deal very soon. Some people on TV said they liked Exxon Mobil and think it could go up in price.
Chemed is another company, and they have a report coming out soon. They will tell people how much money they made and other things.
Las Vegas Sands is a company that makes money from casinos. A person who works at a bank said they think this company could do well, too.
Read from source...
"Exxon Mobil, Chemed, Las Vegas Sands And More On CNBC's 'Final Trades'" by Avi Kapoor, Benzinga Staff Writer October 2, 2024 8:59 AM | 1 min read | Make a CommentZinger Key PointsExxon Mobil's asset sale deal with Seplat Energy in Nigeria could be approved in a few days. Chemed will release financial results for the third quarter ended Sept. 30 on Tuesday, Oct. 29.
1. "On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management picked iShares U.S. Oil & Gas Exploration & Production ETF IEO saying oil stocks are his hedge against escalating conflict with Iran." - Neutral (oil stocks are mentioned in a bullish context)
2. "Jim Lebenthal of Cerity Partners said Exxon Mobil Corporation XOM is having a great year and is 3% away from its all-time high." - Bullish (positive statement about Exxon Mobil)
3. "Exxon Mobil’s asset sale deal with Seplat Energy in Nigeria could be approved soon." - Neutral (event is neutral, but the possibility of approval could be seen as bullish)
4. "On Tuesday, Nigeria's President, Bola Ahmed Tinubu, said, "As such, the ExxonMobil Seplat divestment will receive ministerial approval in a matter of days, having been concluded by the regulator, NUPRC, in line with the Petroleum Industry Act, PIA."" - Neutral (event is neutral, but the possibility of approval could be seen as bullish)
5. "Don't forget to check out our premarket coverage here" - Neutral (general statement, no sentiment attached)
6. "Kari Firestone of Aureus Asset Management named Chemed Corporation CHE as her final trade." - Neutral (event is neutral, no sentiment attached)
7. "Chemed will release financial results for the third quarter ended Sept. 30 on Tuesday, Oct. 29, after the closing bell on the New York Stock Exchange." - Neutral (event is neutral, no sentiment attached)
8. "Stephanie Link of Hightower picked Las Vegas Sands Corp. LVS, a China play." - Neutral (event is neutral, no sentiment attached)
9. "On Oct. 1, Wells Fargo analyst AIiel Politzer maintained Las Vegas Sands with an Overweight rating and raised the price target from $53 to $60." - Neutral (event is neutral, no sentiment attached)
10. "Price Action:" - Neutral (general statement, no sentiment attached)
11. "iShares U.S. Oil & Gas Exploration & Production ETF gained 2.2% during Tuesday's session." - Positive (price increase mentioned)
12. "Exxon Mobil shares gained 2.3% to settle at $119.93 on Tuesday." - Positive (price increase mentioned)
13.
1. iShares U.S. Oil & Gas Exploration & Production ETF (IEO):
- Investment Rationale: The ETF focuses on investing in the oil and gas exploration and production sector, which may benefit from a potential escalation in conflict with Iran. The ETF offers a diversified exposure to the sector, reducing the risk associated with investing in a single company.
- Risks: The ETF is subject to market risk and the performance of the underlying assets. Additionally, investing in the oil and gas exploration and production sector may be affected by geopolitical events, environmental concerns, and changes in regulatory policies.
2. Exxon Mobil Corporation (XOM):
- Investment Rationale: Exxon Mobil is having a great year and is close to its all-time high. The company's asset sale deal with Seplat Energy in Nigeria could receive approval soon, which may boost its stock price.
- Risks: Exxon Mobil's stock price may be affected by fluctuations in oil prices, regulatory policies, and geopolitical events. Additionally, investing in the company involves the risk of industry-specific challenges, such as environmental concerns and competition from renewable energy sources.
3. Chemed Corporation (CHE):
- Investment Rationale: Chemed Corporation is expected to release its financial results for the third quarter ended Sept. 30 on Tuesday, Oct. 29. This may provide investors with an opportunity to assess the company's performance and future prospects.
- Risks: Investing in Chemed Corporation involves the risk of market fluctuations, as well as company-specific risks, such as changes in regulatory policies, competition, and economic conditions.
4. Las Vegas Sands Corp. (LVS):
- Investment Rationale: Las Vegas Sands Corp. is a play on the potential for Chinese stimulus, which may boost its stock price. Additionally, the company has a strong presence in the Chinese market, which may provide it with a competitive advantage.
- Risks: Investing in Las Vegas Sands Corp. involves the risk of market fluctuations, as well as company-specific risks, such as changes in regulatory policies, competition, and economic conditions. Furthermore, the company's performance may be affected by the Chinese government's policies and geopolitical events.
5. In Summary:
- The investments in the iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Exxon Mobil Corporation (XOM), Chemed Corporation (CHE), and Las Vegas Sands Corp. (LVS) all involve varying levels of market and company-specific risks. It is essential to consider one's risk tolerance, investment goals, and