Meta, KKR, Lululemon And An Industrial Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said KKR & Co. Inc. (NYSE:KKR) is in big-time fundraising mode. The stock will go higher, she added.

As per the recent news, Torrent Pharma, on Sunday, announced plans to acquire a controlling stake in JB Chemicals from KKR at INR 25,689 Cr valuation.

Brian Belski, chief investment strategist at BMO Capital Markets, said Lululemon Athletica Inc. (NASDAQ:LULU) is quickly becoming a value stock again.

Lululemon Athletica reported a mixed shelf offering on June 26.

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Kevin Simpson, Capital Wealth Planning founder and CIO, named Meta Platforms, Inc. (NASDAQ:META) as his final trade.

Supporting his view, Piper Sandler analyst Thomas Champion, on June 27, reiterated Meta Platforms with an Overweight rating and raised the price target from $650 to $808.

Stephanie Link, chief investment strategist and portfolio manager at Hightower, picked Rockwell Automation, Inc. (NYSE:ROK) as her final trade.

Lending support to her choice, Keybanc analyst Ken Newman, on June 13, maintained Rockwell Automation with an Overweight rating and raised the price target from $345 to $360.

Price Action:

• KKR shares gained 1.8% to close at $134.29 on Friday.
• lululemon rose 1.5% to settle at $235.02 during the session.
• Meta shares gained 1% to close at $733.63 on Friday.
• Rockwell Automation shares gained 1.2% to settle at $329.95.

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