Robinhood, Meta, Yum China And A Financial Stock On CNBC's 'Final Trades'
On CNBC's “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management named Robinhood Markets, Inc. (NASDAQ:HOOD) as her final trade.
Supporting his view, Compass Point analyst Ed Engel, on March 19, initiated coverage on Robinhood Markets with a Buy rating and announced a price target of $61.
Joshua Brown of Ritholtz Wealth Management said Kinsale Capital Group, Inc. (NYSE:KNSL) goes up like every day and it's “crazy.”
As per the recent earnings news, Kinsale Cap reported quarterly earnings of $4.62 per share on Feb. 13, beating the analyst consensus estimate of $4.34 per share. The company reported quarterly sales of $412.123, missing the analyst consensus estimate of $416.708 million.
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Stephen Weiss of Short Hills Capital Partners said Meta Platforms, Inc (NASDAQ:META) has bottomed and it looks pretty cheap right now.
Last week, Meta Platforms CEO Mark Zuckerberg announced that the company's AI model family, ‘Llama', has reached a milestone of 1 billion downloads. On March 18, he posted a meme stating: “Me finding out Llama hit 1 Billion downloads.”
Joseph M. Terranova of Virtus Investment Partners picked Yum China Holdings, Inc. (NYSE:YUMC) as his final trade.
On Feb. 6, Yum China reported better-than-expected fourth-quarter adjusted earnings results. Additionally, the company raised its quarterly dividend by 50% and introduced a $360 million share buyback program.
Price Action:
- Robinhood shares gained 1.6% to close at $44.36 on Friday.
- Kinsale Capital rose 2.4% to settle at $470.04 during Friday's session.
- Meta shares gained 1.8% to close at $596.25 on Friday.
- Yum China shares rose 0.1% to settle at $52.28 during the session.
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Posted-In: Bryn Talkington CNBC Halftime Report Final TradesNews Top Stories Markets Media Trading Ideas