Exxon Mobil, Visa And A Fast Food Giant Up Over 9% YTD: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners said Exxon Mobil Corporation XOM trades at 12 times earnings and has a 3.3% dividend yield.

Exxon Mobil reported second-quarter revenues of $82.91 billion, beating the consensus of $80.19 billion. The company reported adjusted earnings of $7.9 billion, lower than $17.6 billion a year ago.

Analysts have a consensus Buy rating on Exxon Mobil, according to Benzinga's analyst ratings data.

Stephanie Link of Hightower said McDonald's Corporation MCD reported a great quarter.

McDonald's reported second-quarter FY23 sales growth of 13.6% year-on-year to $6.50 billion, beating the analyst consensus of $6.29 billion. Global comparable sales rose 11.7%, reflecting strong double-digit growth across each segment.

Joseph Terranova of Virtus Investment Partners named Visa Inc. V as his final trade.

Visa posted better-than-expected earnings for its third quarter.

Don’t forget to check out our premarket coverage here

Price Action: Visa shares gained 1.2% to settle at $242.90, while McDonald's shares gained 0.1% to close at $288.81 on Monday. Exxon Mobil shares gained 0.1% to settle at $111.92 on Monday.

Check This Out: Home Depot, Agilent Technologies And 3 Stocks To Watch Heading Into Tuesday

Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasNewsMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJim LebenthalJoseph TerranovaStephanie Link
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...