Zinger Key Points
- Joshua Brown names Chevron as his final trade.
- Jason Snipe of Odyssey Capital Advisors likes Fiserv.
- Pelosi’s latest AI pick skyrocketed 169% in just one month. Click here to discover the next stock our government trade tracker is spotlighting—before it takes off.
On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management named Chevron Corporation CVX his final trade.
On Feb. 12, Chevron announced plans to slash its workforce by up to 20% and intends to commence major layoffs this year, aiming to complete the majority by the end of 2026. The move is part of a broader cost-cutting plan, with the company targeting a reduction of $2 billion to $3 billion by the end of 2026, reported CNBC
Jason Snipe of Odyssey Capital Advisors said he likes Fiserv, Inc. FI. On March 19, Fiserv announced that it had acquired CCV, a payment solutions provider in the Netherlands, Belgium and Germany, to drive growth in the European market.
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Jim Lebenthal of Cerity Partners picked UnitedHealth Group Incorporated UNH as his final trade.
On Thursday, UnitedHealth Group's Optum Rx will align payment models more closely to the costs pharmacies may face due to manufacturer pricing actions. The company plans a full implementation by January 2028.
Price Action:
- Chevron shares gained 0.4% to close at $164.77 on Thursday.
- Fiserv rose 0.7% to settle at $221.79 during Thursday's session.
- UnitedHealth Group shares gained 1.6% to close at $511.30 on Thursday.
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