On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, picked Amazon.com Inc (NASDAQ:AMZN).
Amazon.com expanded its data center partnership with 3M Co. (NYSE:MMM) and received a warrant to buy about $521.4 million of 3M stock, with vesting tied to the hyperscaler’s purchases of data center products.
Kevin Simpson, founder and CEO of Capital Wealth Planning, named UnitedHealth Group Inc (NYSE:UNH) as his final trade.
Lending support to his choice, UnitedHealth, on Oct. 13, posted upbeat third-quarter results. UnitedHealth Group reported quarterly earnings of $4.69 per share which beat the analyst consensus estimate of $4.15 per share. The company reported quarterly sales of $112.694 billion which beat the analyst consensus estimate of $111.403 billion.
Don’t forget to check out our premarket coverage here
Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended eBay Inc (NASDAQ:EBAY).
Supporting his view, Morgan Stanley analyst Nathan Feather, on Oct. 12, maintained eBay with an Overweight rating and raised the price target from $127 to $132.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked Twilio Inc (NYSE:TWLO).
BTIG analyst Nick Altmann, on Oct. 16, maintained Twilio with a Buy and raised the price target from $285 to $315.
Price Action:
- Amazon shares gained 0.1% to close at $262.63 on Tuesday.
- Twilio shares rose 0.5% to close at $258.69.
- UnitedHealth shares gained 3% to settle at $419.26 on Tuesday.
- eBay shares climbed 0.6% to close at $121.19 during the session.
Photo via Shutterstock