Amazon, Alphabet, KLA And A Health Care Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Rob Sechan of NewEdge Wealth said Gilead Sciences, Inc. (NASDAQ:GILD) is one of the best-performing names in one of the best-performing sectors this year, still having a reasonable valuation of 14 times.

Supporting his view, JP Morgan analyst Chris Schott, on March 27, maintained Gilead Sciences with an Overweight rating and raised the price target from $120 to $130.

Bill Baruch of Blue Line Capital said Amazon.com, Inc. (NASDAQ:AMZN) is ready to rally, with or without TikTok here. It had really good volume on its up days, he added.

Amazon.com has made a surprise, last-minute bid to acquire TikTok in its entirety, just days before the popular video app faces a U.S. ban if it does not sever ties with its Chinese parent company, The New York Times reported.

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Stephen Weiss of Short Hills Capital Partners named Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL).

WestPark Capital analyst Curtis Shauger initiated coverage on Alphabet on Tuesday with a Buy rating and a price target of $210.

Joseph M. Terranova of Virtus Investment Partners picked KLA Corporation (NASDAQ:KLAC) as his final trade.

Adding support to his choice, Morgan Stanley analyst Shane Brett, on Monday, upgraded KLA from Equal-Weight to Overweight and raised the price target from $748 to $870.

Price Action:

• Gilead Sciences gained 0.6% to close at $111.89 on Wednesday.
• Amazon shares rose 2% to close at $196.01 during Wednesday's session.
• KLA shares gained 0.6% to settle at $686.19 on Wednesday.
• Alphabet shares slipped 0.01% to settle at $158.86 on Wednesday.

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