QXO, Apollo Global, Thermo Fisher Scientific And More On CNBC's 'Final Trades'
Apollo Global Management Inc APO | 120.00 | +4.51% |
QXO, Inc. QXO | 23.13 | -0.90% |
Thermo Fisher Scientific Inc. TMO | 528.32 | +0.21% |
iShares U.S. Consumer Discretionary ETF IYC | 103.05 | +0.63% |
On CNBC's “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named QXO, Inc. (NYSE:QXO) as his final trade.
As per the recent news, QXO, on Feb. 11, agreed to acquire Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion.
Amy Raskin, chief investment officer at Chevy Chase Trust, picked Thermo Fisher Scientific Inc. (NYSE:TMO).
Lending support to his choice, Thermo Fisher Scientific, on Jan. 29, posted better-than-expected results for the latest quarter. The company reported fourth-quarter 2025 adjusted earnings of $6.57 per share, beating the street view of $6.45. Quarterly sales of $12.22 billion increased 7% year-over-year, beating the analyst consensus estimate of $11.95 billion.
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Jim Lebenthal, partner at Cerity Partners, named Apollo Global Management, Inc. (NYSE:APO) as his final trade.
On the earnings front, Apollo Global Management posted better-than-expected fourth-quarter results on Feb. 9.
Shannon Saccocia, chief investment officer of NB Private Wealth, picked iShares US Consumer Discretionary ETF (NYSE:IYC).
Price Action:
- QXO shares gained 4.4% to close at $27.07 on Friday.
- Thermo Fisher Scientific shares fell 1% to close at $504.82 during the session.
- Apollo Global shares declined 0.2% to settle at $125.07 on Friday.
- iShares US Consumer Discretionary ETF gained 0.4% during the session.
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