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News

NXP Semiconductors, Alphabet And More: CNBC's 'Final Trades'

Author: Lisa Levin | October 27, 2023 08:51am

On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management named iShares US Oil & Gas Exploration & Production ETF (BATS:IEO) as his final trade.

Jim Lebenthal of Cerity Partners picked NXP Semiconductors N.V. (NASDAQ:NXPI). "I really like this, particularly if it looks like the UAW strike is coming to a close," he added.

Susquehanna analyst Christopher Rolland recently maintained NXP Semiconductors with a Neutral and lowered the price target from $200 to $190.

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Shannon Saccocia of Boston Private named the Health Care Select Sector SPDR Fund (NYSE:XLV).

Bill Baruch picked Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL).

Sundar Pichai, the head of Alphabet, is scheduled to testify in a major U.S. antitrust trial on Monday. The trial revolves around allegations of Google’s dominant position in the search and search advertising sectors, reported Reuters. Alphabet recently said third-quarter revenue increased 11% year-over-year to $76.69 billion, which beat the consensus estimate of $75.94 billion.

Price Action: Alphabet shares fell 2.6% to close at $123.44, while NXP Semiconductors shares gained 2.1% to settle at $179.56 on Thursday. iShares U.S. Oil & Gas Exploration & Production ETF fell 0.8%, while the Health Care Select Sector SPDR Fund lost 1% during Thursday’s session.

Check This Out: Amazon, Chevron And 3 Stocks To Watch Heading Into Friday

Photo: Shutterstock

Posted In: GOOG GOOGL IEO NXPI XLV