Citigroup, Bank of America, Berkshire Hathaway And A Cybersecurity Stock On CNBC's 'Final Trades'

Zinger Key Points
  • Joshua Brown names Berkshire Hathaway as his final trade.
  • Bill Baruch of Blue Line Capital picks CrowdStrike Holdings.

On CNBC's “Halftime Report Final Trades,” Stephanie Link of Hightower said Bank of America Corporation BAC is trading at 1.2 times book value.

Bank of America reported better-than-expected earnings for its first quarter on April 16. The Charlotte, North Carolina-based bank posted quarterly adjusted net income of $7.2 billion and adjusted EPS of 83 cents, beating the consensus of 77 cents.

Jim Lebenthal of Cerity Partners named Citigroup Inc. C as his final trade.

On April 12, Citigroup posted better-than-expected earnings for its first quarter. The bank reported a first-quarter fiscal 2024 revenue decline of 2% year-over-year to $21.10 billion, beating the consensus of $20.39 billion.

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Bill Baruch of Blue Line Capital named CrowdStrike Holdings, Inc. CRWD, saying the cloud is under attack and CrowdStrike is setting a record high.

On April 9, CrowdStrike announced an expanded partnership with Google Cloud to stop breaches across multi-cloud and multi-vendor environments..

Joshua Brown of Ritholtz Wealth Management picked Berkshire Hathaway Inc. BRK.

Price Action:

  • Bank of America shares rose 0.8% to close at $39.22 on Thursday.
  • Citigroup fell 0.2% to settle at $64.14 during Thursday's session.
  • CrowdStrike shares fell 1.2% to settle at $339.06 on Thursday.
  • Berkshire Hathaway shares rose 0.1% to close at $413.12 on Thursday.

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Posted In: Long IdeasNewsMarketsMediaTrading IdeasBill BaruchCNBCHalftime Report Final TradesJim LebenthalJoshua BrownStephanie Link
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