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Microsoft, Morgan Stanley And A Basic Materials Stock On CNBC's 'Final Trades'

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Microsoft, Morgan Stanley And A Basic Materials Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners said Microsoft Corporation (NASDAQ:MSFT) is worth buying.

NVIDIA Corporation (NASDAQ:NVDA) teamed up with Microsoft on March 6 to introduce neural shading support in the Microsoft DirectX preview for April. Notably, Neural shading is a groundbreaking advancement in graphics programming, merging AI with traditional rendering techniques. This innovation significantly improves frame rates, enhances image quality and reduces system resource consumption.

DA Davidson analyst Gil Luria also upgraded Microsoft from Neutral to Buy and raised the price target from $425 to $450.

Sarat Sethi of DCLA named Morgan Stanley (NYSE:MS) his final trade.

On Wednesday, Goldman Sachs analyst Richard Ramsden maintained a Neutral on Morgan Stanley and lowered the price target from $144 to $126.

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Jim Lebenthal of Cerity Partners picked CRH plc (NYSE:CRH), a materials company.

On the earnings front, CRH reported worse-than-expected fourth-quarter financial results on Feb. 26. CRH reported quarterly earnings of $1.02 per share, which missed the analyst consensus estimate of $1.46 per share. The company reported quarterly sales of $8.900 billion, which missed the analyst consensus estimate of $9.015 billion.

Price Action:

  • Microsoft shares gained 1.1% to close at $387.82 on Wednesday.
  • Morgan Stanley rose 1.5% to settle at $119.85 during Wednesday's session.
  • CRH shares gained 2.7% to close at $98.76 on Wednesday.

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Posted-In: CNBC Halftime Report Final Trades Jim Lebenthal Sarat SethiNews Markets Media Trading Ideas

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