Key Stock Picks from CNBC's 'Final Trades': Broadcom, Capital One, Alibaba, and Valero Energy
Broadcom, Capital One, Alibaba And An Energy Stock On CNBC's 'Final Trades'
Benzinga
Image: Benzinga
On CNBC's 'Halftime Report Final Trades,' Rob Sechan of NewEdge Wealth highlighted Broadcom Inc., while Bryn Talkington from Requisite Capital Management favored Capital One Financial. Stephen Weiss recommended Alibaba Group, and Joseph Terranova backed Valero Energy Corporation, reflecting diverse investment interests in the tech and financial sectors.
- 01Rob Sechan selected Broadcom Inc. as a top investment despite a recent decline in share price.
- 02Capital One Financial is set to report quarterly earnings, with analysts expecting a significant increase in earnings per share.
- 03Stephen Weiss highlighted Alibaba Group, which has received an Overweight rating from Barclays.
- 04Valero Energy Corporation was recommended by Joseph Terranova, supported by a price target increase from Citigroup.
- 05Overall, the trades reflect a mix of technology and energy sector investments.
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During CNBC's 'Halftime Report Final Trades,' several prominent investors shared their stock picks. Rob Sechan, CEO of NewEdge Wealth, chose Broadcom Inc. (NASDAQ: AVGO), which recently announced a strategic partnership with Meta Platforms Inc. (NASDAQ: META) to support MTIA compute chips through 2029. Bryn Talkington, managing partner at Requisite Capital Management, favored Capital One Financial Corporation (NYSE: COF), which is expected to report its first-quarter earnings on April 21. Analysts predict earnings of $4.67 per share, up from $4.06 a year ago, with revenue estimates at $15.37 billion. Stephen Weiss, chief investment officer at Short Hills Capital Partners, recommended Alibaba Group Holding Limited (NYSE: BABA), which has an Overweight rating from Barclays, although its price target was lowered from $190 to $186. Lastly, Joseph M. Terranova of Virtus Investment Partners backed Valero Energy Corporation (NYSE: VLO), which received a price target increase from Citigroup from $212 to $246. On Monday, Capital One shares fell 0.4% to $205.71, Broadcom shares declined 1.7% to $399.63, Alibaba shares slipped 0.6% to $140.17, while Valero Energy shares rose 1.2% to $226.28.
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