Experts Pick Amazon, Check Point, Micron, and Apple for Final Trades
Several prominent financial experts shared their final trades on CNBC's 'Halftime Report Final Trades' segment. Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, chose Amazon.com Inc. (NASDAQ:AMZN) after the company struck a multibillion-dollar generator supply deal with Generac Holdings Inc (NYSE:GNRC). This significant partnership could boost Amazon's sales and revenue.
Brian Belski, founder, CEO & chief investment officer at Humilis Investment Strategies, picked Check Point Software Technologies Ltd. (NASDAQ:CHKP) despite its mixed second-quarter results and below-estimate third-quarter guidance. The company reported quarterly earnings of $2.55 per share, beating the analyst consensus estimate of $2.45 per share, but missed sales expectations.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended Micron Technology, Inc. (NASDAQ:MU), citing an Outperform rating from RBC Capital analyst Srini Pajjuri with a price target of $1,500. This bullish call could propel Micron's shares upward.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, chose Apple Inc. (NASDAQ:AAPL), which has been making headlines with recent product releases, including the new Mac mini and Mac Studio powered by the M6 and M5 Pro chips.