Berkshire Hathaway, Valero Energy And A Major US Bank: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners said Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is "firing on all cylinders."

Warren Buffet's Berkshire Hathaway posted a profit $35.9 billion in the second quarter, compared to a year-ago loss of $43.6 billion.

Jason Snipe of Odyssey Capital Advisors named Morgan Stanley MS, saying, "you could own this name."

Morgan Stanley recently reported better-than-expected second-quarter financial results.

Benga's analyst ratings data shows a consensus Buy rating on Morgan Stanley's stock.

Joseph Terranova of Virtus Investment Partners named Valero Energy Corporation VLO, which is trading at around $129.

Valero Energy reported second-quarter 2023 revenues of $34.5 billion, beating the consensus of $34.37 billion.

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Price Action: Valero Energy shares gained 1.9% to settle at $129.29, while Morgan Stanley shares rose 0.3% to close at $89.08 on Monday. Berkshire Hathaway shares gained 3.6% to $362.58 on Monday.

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