Zinger Key Points
- Stephen Weiss says Meta Platforms looks pretty cheap right now.
- Joshua Brown says Kinsale Capital Group goes up like every day.
- How to Spot the Market Bottom: Matt Maley has navigated every major market turn in the last 35 years, and on Wednesday, March 26, at 6 PM ET, he’s revealing how to recognize when the worst is over, the trades to make before the next bull market takes off, and the stocks and sectors that will lead the recovery.
On CNBC's “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management named Robinhood Markets, Inc. 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. 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 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. 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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