On CNBC’s “Halftime Report Final Trades,” financial experts shared their top stock picks for the week. Rob Sechan, CEO of NewEdge Wealth, recommended Devon Energy Corporation (NYSE:DVN), which recently sold its Eagle Ford assets to Crescent Energy (NYSE:CRGY) for $4.2 billion in cash. The deal, disclosed on Oct. 8, contributed to Devon Energy’s shares gaining 4.5% to close at $51.39 on Friday.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, named Lockheed Martin Corporation (NYSE:LMT) as his final trade. His choice was backed by Lockheed Martin’s strong third-quarter financial results, reported on Oct. 22. The company beat earnings estimates with $7.97 per share, up from $6.95 a year earlier, and revenue increased 11% year over year to $20.711 billion. Lockheed Martin shares rose 2.4% to close at $604.18 on Friday.
Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, recommended The Goldman Sachs Group, Inc. (NYSE:GS). Goldman Sachs reported upbeat third-quarter earnings on Oct. 13, posting $17.01 per share, which exceeded analyst estimates. Despite the positive earnings, Goldman Sachs shares fell 1.8% to settle at $875.68 on Friday.
Stephanie Link, chief investment strategist at Hightower Advisors, picked International Business Machines Corporation (NYSE:IBM). IBM reported better-than-expected third-quarter results on Oct. 21 and issued FY26 sales guidance with its midpoint above estimates. IBM shares gained 0.6% to close at $253.56 on Friday.