Skip to main content

Market Overview

CME Group, Chubb, Berkshire Hathaway And More On CNBC's 'Final Trades'

Share:
CME Group, Chubb, Berkshire Hathaway And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Kevin Simpson of Capital Wealth Planning said CME Group Inc. (NASDAQ:CME) yields a 4.5% dividend and trades at a forward PE of 21, which is pretty low. The company has a free cash flow of $3.5 billion.

On Aug. 2, CME Group reported its July market statistics set a new July average daily volume (ADV) record of 24.8 million contracts, up 24% from the year-ago month.

Bill Baruch of Blue Line Capital said Chubb Limited (NYSE:CB) is the best in breed. Warren Buffett is a big fan of that stock.

On July 23, Chubb posted better-than-expected second-quarter earnings. The company reported quarterly earnings of $5.38 per share which beat the analyst consensus estimate of $5.15. The company reported quarterly sales of $11.780 billion which beat the analyst consensus estimate of $11.642 billion.

Don't forget to check out our premarket coverage here

Joshua Brown of Ritholtz Wealth Management said Berkshire Hathaway Inc. (NYSE:BRK) continues to move higher.

On July 22, TD Cowen analyst Andrew Kilgerman initiated coverage on Berkshire Hathaway with a Hold rating and announced a price target of $465.

Liz Young of SoFi named iShares U.S. Medical Devices ETF (NYSE:IHI) as her final trade.

Price Action:

  • CME Group shares fell 0.5% to close at $214.10 during Thursday's session.
  • Chubb shares gained 1.2% to settle at $281.98 during Thursday's session.
  • Berkshire Hathaway shares gained 0.8% to settle at $468.37 on Thursday.
  • iShares U.S. Medical Devices ETF rose 0.5% during Thursday's session.

Check This Out:

 

Related Articles (CME)

View Comments and Join the Discussion!

Posted-In: Bill Baruch CNBCLong Ideas News Top Stories Markets Media Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com