Alphabet, Meta Platforms And An Industrial Parts Provider: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners named Alphabet Inc. GOOG GOOGL as his final trade.

Alphabet recently reported better-than-expected earnings and sales results for its third quarter, but recorded downbeat performance for its cloud computing unit.

Stephen Weiss of Short Hills Capital Partners said Meta Platforms, Inc. META is still "very cheap."

Meta recently reported better-than-expected results for its third quarter. The company said it sees fourth-quarter revenue coming in a range of $36.5 billion to $40 billion.

Benzinga's analyst data shows a consensus Buy rating on META.

Don’t forget to check out our premarket coverage here

Joseph Terranova of Virtus Investment Partners picked W.W. Grainger, Inc. GWW.

W.W. Grainger reported better-than-expected earnings for its third quarter and issued FY23 guidance.

Price Action: Alphabet shares gained 1.9% to close at $124.46, while Meta shares gained 2% to settle at $302.66 on Monday. Grainger shares climbed 2.7% to settle at $726.06 during Monday’s session.

Check This Out: Investor Fear Eases Ahead Of Fed's Decision; Dow Notches Best Day Since June

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJim LebenthalJoseph TerranovaStephen Weiss
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...