Microsoft, Salesforce, Target And More On CNBC's 'Final Trades'

Zinger Key Points
  • Bill Baruch of Blue Line Capital names Microsoft as his final trade.
  • Stephanie Link expects a solid quarter from Target.

On CNBC's “Halftime Report Final Trades,” Bill Baruch of Blue Line Capital picked Microsoft Corporation MSFT, expecting it to outperform the Nasdaq between now and the end of the year.

On Oct. 30, Microsoft reported first-quarter revenue of $65.60 billion, up 16% year-over-year. The total beat a Street consensus estimate of $64.51 billion according to data from Benzinga Pro. The company reported first-quarter earnings per share of $3.30, beating a Street consensus estimate of $3.09 per share.

Don't forget to check out our premarket coverage here

Bryn Talkington of NewEdge Wealth named Invesco S&P 500 Equal Weight ETF RSP as her final trade.

Rob Sechan of NewEdge Wealth picked Salesforce, Inc. CRM.

Salesforce will release its third quarter fiscal year 2025 results, after the closing bell on Tuesday, Dec. 3. Analysts expect the company to report quarterly earnings at $2.44 per share, up from $1.96 per share in the year-ago period. The company projects to report quarterly revenue of $9.34 billion.

Stephanie Link of Hightower said she expects a solid quarter from Target Corporation TGT.

On Oct. 22, Bernstein analyst Dean Rosenblum initiated coverage on Target with a Market Perform rating and announced a price target of $168.

Price Action:

  • Invesco S&P 500 Equal Weight ETF fell 0.8% during Tuesday's session.
  • Salesforce shares fell 0.2% to settle at $341.15 during Tuesday's session.
  • Microsoft gained 1.6% during Tuesday's session.
  • Target shares gained 1.6% to close at $155.65 on Tuesday.

Check This Out:

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasBill BaruchBryn TalkingtonCNBCHalftime Report Final TradesRob SechanStephanie Link
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!