On CNBC's “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, named Amazon.com, Inc. (NASDAQ:AMZN) as his final trade.
After the closing bell on Wednesday, Amazon reported upbeat financial results for the first quarter. Amazon also said it expects second-quarter revenue to be between $194 billion and $199 billion, versus estimates of $188.87 billion.
Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, recommended QXO, Inc. (NYSE:QXO).
Supporting his view, Oppenheimer analyst Scott Schneeberger, on April 27, maintained QXO with an Outperform rating and raised the price target from $30 to $32.
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Kari Firestone, co-founder of Aureus Asset Management, picked UnitedHealth Group Incorporated (NYSE:UNH).
On the earnings front, UnitedHealth Group, on April 21, reported better-than-expected first-quarter financial results and issued fiscal 2026 earnings guidance above estimates.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Phillips 66 (NYSE:PSX) as his final trade.
Lending support to his choice, Phillips 66, on Wednesday, reported better-than-expected first-quarter adjusted EPS results.
Price Action
- Amazon shares rose 1.3% to close at $263.04 on Wednesday.
- QXO shares settled at $19.61 during the session.
- UnitedHealth Group gained 1.1% to close at $370.74 during the session.
- Phillips 66 shares gained 5.1% to close at $173.49 on Wednesday.
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