In the ever-evolving world of finance, staying ahead of the curve requires expert insights and informed decision-making. CNBC’s popular segment, ‘Halftime Report Final Trades,’ offers a glimpse into the minds of seasoned investors as they reveal their top picks for the upcoming quarter.
Bill Baruch, a prominent figure in the financial arena from Blue Line Capital, has his sights set on Microsoft (MSFT). He believes the tech giant is poised to outperform the Nasdaq in the coming months. Microsoft recently announced impressive first-quarter results, reporting a 16% year-over-year revenue increase to $65.60 billion, surpassing analyst expectations.
Bryn Talkington of NewEdge Wealth takes a different approach, recommending Invesco S&P 500 Equal Weight ETF (RSP) as her final trade. This ETF offers exposure to the S&P 500, but with equal weighting for each constituent company, potentially mitigating the influence of large-cap stocks.
Joining Talkington at NewEdge Wealth, Rob Sechan also casts his vote for a tech giant, choosing Salesforce (CRM). Salesforce is scheduled to release its third-quarter fiscal year 2025 results on Tuesday, December 3rd. Analysts anticipate strong earnings, projecting a quarterly profit of $2.44 per share, a significant jump from the year-ago period.
Rounding out the expert picks, Stephanie Link of Hightower expresses her confidence in Target Corporation (TGT). Link anticipates a robust quarter for the retailer, following Bernstein analyst Dean Rosenblum’s initiation of coverage with a Market Perform rating and a price target of $168.
While the expert opinions are diverse, they offer valuable insights into potential market movers for the upcoming quarter. As investors navigate the complexities of the financial landscape, these ‘Final Trades’ can serve as a compass, guiding their strategies and decisions.
