Robinhood, Charles Schwab, State Street And More On CNBC's 'Final Trades'
Robinhood HOOD | 0.00 | |
Charles Schwab Corp SCHW | 0.00 | |
State Street Corporation STT | 0.00 | |
iShares U.S. Industrials ETF IYJ | 0.00 |
On CNBC's “Halftime Report Final Trades,” NB Private Wealth’s Shannon Saccocia named iShares U.S. Industrials ETF (NYSE:IYJ) as her final trade.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Robinhood Markets, Inc. (NASDAQ:HOOD).
Lending support to his choice, Needham analyst John Todaro maintained Robinhood at Buy on June 11 and raised the price target from $85 to $97.
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Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, picked The Charles Schwab Corporation (NYSE:SCHW).
According to recent news, Charles Schwab reported total client assets of $13.14 trillion at the end of May, up 27% year over year on June 12.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named State Street Corporation (NYSE:STT), a financial stock.
On the earnings front, State Street said it will announce its second-quarter financial results on Thursday, July 16. Analysts expect the company to report quarterly earnings at $3.15 per share on revenue of $3.77 billion.
Price Action:
- Robinhood shares fell 1.4% to close at $96.71 on Tuesday.
- iShares U.S. Industrials ETF rose 0.9% during the session.
- Charles Schwab shares climbed 3% to close at $93.67 on Tuesday.
- State Street shares gained 2.3% to settle at $171.29.
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