META

Meta, Delta Air Lines, TJX And A Financial Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Stephanie Link of Hightower Advisors named Meta Platforms, Inc. (NASDAQ:META) as her final trade.

Meta, on April 30, reported first-quarter revenue of $42.31 billion, beating analyst estimates of $41.39 billion. The company reported first-quarter earnings of $6.43 per share, easily beating analyst estimates of $5.21 per share.

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Rob Sechan, CEO of NewEdge Wealth, picked Blackstone Inc. (NYSE:BX) as his final trade.

Supporting his view, Blackstone, on April 17, reported first-quarter fiscal year segment revenues of $2.763 billion, up 8% year over year (Y/Y), beating the consensus of $2.689 billion. Distributable earnings (DE) rose 11% Y/Y to $1.41 billion. Fee-related earnings increased 9% Y/Y to $1.26 billion.

Sarat Sethi, Managing Partner at DCLA, said Delta Air Lines, Inc. (NYSE:DAL) just announced a $1 billion stock buyback plan, and it has a huge amount of free cash flow.

On the earnings front, Delta Air Lines, on April 9, posted better-than-expected first-quarter financial results.

Kevin Simpson, Capital Wealth Planning CIO, said The TJX Companies, Inc. (NYSE:TJX) is going to benefit from tariffs.

Supporting his view, Citigroup analyst Paul Lejuez upgraded TJX Companies from Neutral to Buy on April 3 and raised the price target from $128 to $140.

Price Action:

  • Blackstone shares climbed 3% to close at $137.42 on Friday.
  • Delta Air Lines gained 6.5% to close at $44.20 during Friday's session.
  • TJX shares gained 1.2% to close at $129.21 on Friday.
  • Meta Platforms shares rose 4.3% to settle at $597.02.

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