Goldman Sachs, Boeing, Marriott And A Major Chinese Tech Stock: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Amy Raskin of Chevy Chase Trust named The Goldman Sachs Group, Inc. GS as her final trade.

The bank issued earnings of $3.08 — down 60% year-over-year — missing the $3.18 Street estimate, on revenues of $10.90 billion, ahead of the $10.84 billion consensus.

Jim Lebenthal of Cerity Partners said The Boeing Company BA is readying a restart of plane deliveries in China.

Boeing recently warned of delivery delays due to a manufacturing defect.

Stephen Weiss of Short Hills Capital Partners named Alibaba Group Holding Limited BABA, saying that this is a great entry point.

Alibaba Group Holding stock traded higher Monday on par with the broader indexes iShares China Large-Cap ETF FXI and KraneShares CSI China Internet ETF KWEB as U.S. Commerce Secretary Gina Raimondo kicked off a tour of China on Monday.

Don’t forget to check out our premarket coverage here

Joseph Terranova of Virtus Investment Partners picked Marriott International, Inc. MAR.

Marriott International recently announced new appointments to its Asia Pacific (excluding China) leadership team.

Price Action: Marriott shares gained 1.4% to settle at $202.53, while Alibaba shares rose 2.7% to close at $92.24 on Monday. Boeing shares gained 1.6% to close at $227.06, while Goldman Sachs climbed 1.8% to $325.97 on Monday.

Check This Out: Fear & Greed Index Remains In 'Neutral' Zone Ahead Of Jobs Data

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsMarketsMediaTrading IdeasAmy RaskinCNBCHalftime Report Final Trades
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!