Lockheed Martin, Exxon Mobil And More: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners picked Lockheed Martin Corporation LMT as his final trade.

Lockheed Martin and Alphabet Inc. GOOG GOOGL, which owns Google Public Sector, announced on Thursday a strategic partnership to integrate Google's advanced generative artificial intelligence (AI) into Lockheed Martin's AI Factory ecosystem. The initiative aims to enhance the development, deployment, and maintenance of AI-driven solutions for national security, aerospace, and scientific fields.

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Shannon Saccocia of NB Private Wealth said iShares U.S. Industrials ETF IYJ is down a little bit this year and offers some opportunity in a cyclical rebound.

Stephen Weiss of Short Hills Capital Partners named U.S. 2 Year Treasury, saying it's a good place to hide.

Joseph M. Terranova of Virtus Investment Partners said energy prices are going to be higher for the year and Exxon Mobil Corporation XOM gets you the energy exposure that you need.

On Thursday, Morgan Stanley analyst Devin McDermott maintained Exxon Mobil with an Overweight rating but slashed the price target from $141 to $138.

Price Action:

• iShares U.S. Industrials ETF gained 0.8% on Monday.
• Lockheed Martin shares rose 1.2% to close at $446.71 during Monday's session.
• Exxon Mobil shares gained 1% to settle at $118.93 on Monday.

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