Citigroup, Deckers Outdoor, Electronic Arts And More On CNBC's 'Final Trades'
On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners named Citigroup Inc. C, which surged to a fresh 52-week high on Friday.
On Nov. 13, Citigroup announced a new collaboration with the Bank of Shanghai to launch a payment solution designed to simplify the payment experience for international travelers in China.
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Rob Sechan of NewEdge Wealth named Deckers Outdoor Corporation DECK, one of the strongest names in the retail space, as his final trade.
On Nov. 22, Needham analyst Tom Nikic initiated coverage on Deckers Outdoor with a Buy rating and announced a price target of $218.
Kevin Simpson of Capital Wealth Planning picked Electronic Arts Inc. EA having a 23% revenue growth.
On Oct. 29, Electronic Arts reported second-quarter results. The company reported net revenue of $2.025 billion, missing the consensus of $2.037 billion. EPS of $1.11 exceeded the estimate of 88 cents. Net bookings reached $2.079 billion, a second-quarter record that surpassed the top end of the guidance range of $2.05 billion.
Stephanie Link of Hightower Advisors picked iShares MSCI India ETF INDA, adding that it’s her favorite place to invest around the globe outside of the US.
Price Action:
- Deckers Outdoor shares gained 5.6% to close at $192.15 on Friday.
- Electronic Arts shares fell by 0.8% to settle at $166.67 during Friday’s session.
- Citigroup shares gained by 1.3% to close at $69.84 during Friday’s session.
- iShares MSCI India ETF gained by 2% during the session.
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