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. (NYSE: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 (NYSE: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. (NASDAQ: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 (CBOE: 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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Posted-In: CNBC Halftime Report Final TradesLong Ideas News Top Stories Markets Media Trading Ideas
