On CNBC’s “Halftime Report Final Trades,” Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners picked Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG).
Lending support to his choice, Rosenblatt analyst Scott Devitt assumed coverage of Alphabet on Aug. 20 with a Buy rating and set a price target of $410.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, named Oracle Corporation (NYSE:ORCL) as his final trade.
Oracle will release its first-quarter fiscal year 2027 results after the closing bell on Thursday, Sept. 10. Analysts expect the company to report quarterly earnings of $1.74 per share on revenue of $19.13 billion.
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Liz Thomas, SoFi head of investment strategy, recommended iShares Gold Trust (NYSE:IAU).
Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked Valero Energy Corporation (NYSE:VLO).
Supporting his view, Wells Fargo analyst Sam Margolin maintained Valero Energy with an Overweight rating on Tuesday and raised the price target from $356 to $389.
Price Action
- Alphabet shares gained 0.6% to close at $337.12 on Wednesday.
- Oracle shares rose 3.1% to settle at $145.75 during the session.
- iShares Gold Trust gained 1.5% on Wednesday.
- Valero Energy shares rose 1.1% to settle at $366.09.
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