Morgan Stanley, JPMorgan, Invesco and a Key Tech Stock on CNBC’s ‘Final Trades’

Jpmorgan Chase
NVIDIA Corporation
Morgan Stanley
Invesco Ltd.

Jpmorgan Chase

JPM

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NVIDIA Corporation

NVDA

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Morgan Stanley

MS

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Invesco Ltd.

IVZ

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On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named JPMorgan Chase & Co. (NYSE:JPM) as his final trade.

Lending support to his choice, the bank, on Tuesday, reported second-quarter adjusted earnings of $6.14 per share, topping the consensus estimate of $5.79. Managed revenue rose to $58.02 billion, ahead of analysts’ expectations of $50.20 billion.

Rob Sechan, CEO of NewEdge Wealth, picked Morgan Stanley (NYSE:MS) ahead of quarterly earnings.

Wall Street expects Morgan Stanley to post quarterly earnings of $2.94 per share on revenue of $19.64 billion before the opening bell today.

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Brian Belski, founder, CEO & chief investment officer at Humilis Investment Strategies, recommended Invesco Ltd. (NYSE:IVZ), a financial stock.

Invesco will release its second quarter results on Tuesday, July 28. Analysts expect the company to report quarterly earnings at 65 cents per share on revenue of $1.33 billion.

Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked NVIDIA Corporation (NASDAQ:NVDA).

Nvidia shares closed higher on Tuesday after reports suggesting that the U.S. government-approved shipments of its H200 chips to China have started.

Price Action:

  • JPMorgan shares rose 2.5% to close at $342.89 on Tuesday.
  • Morgan Stanley shares gained 3% to settle at $227.67 during the session.
  • Invesco shares gained 1.2% to close at $28.73 on Tuesday.
  • Nvidia shares rose 4.1% to settle at $211.80 during the session.

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