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Citigroup, Berkshire Hathaway, Stanley Black & Decker And More On CNBC's 'Final Trades'

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Citigroup, Berkshire Hathaway, Stanley Black & Decker And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management said he remains long on Toast, Inc. (NYSE:TOST) as an investor, and not a trader.

Supporting his view, Wells Fargo analyst Jeff Cantwell upgraded Toast from Underweight to Overweight on April 10 and raised the price target from $30 to $39.

Bill Baruch of Blue Line Capital named Berkshire Hathaway Inc. (NYSE:BRK) as his final trade ahead of its upcoming earnings report next month.

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Jim Lebenthal of Cerity Partners said Citigroup Inc. (NYSE:C) reported positive earnings last week. The company is trading at nine times earnings estimates and has a 3.6% dividend yield, he added.

On April 15, Citigroup reported quarterly earnings of $1.96 per share which beat the analyst consensus estimate of $1.84 per share. The company reported quarterly sales of $21.60 billion which beat the analyst consensus estimate of $21.29 billion.

Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC picked Stanley Black & Decker, Inc. (NYSE:SWK) as her final trade.

On the earnings front, Stanley Black & Decker will broadcast its first quarter earnings webcast on Wednesday, April 30. Analysts expect the company to report quarterly earnings at 66 cents per share on revenue of $3.72 billion.

Price Action:

  • Toast shares closed at $34.29 on Thursday.
  • Berkshire Hathaway gained 0.3% to close at $518.21 during Thursday's session.
  • Citigroup shares rose 1.9% to close at $63.25 on Thursday.
  • Stanley Black & Decker shares rose 0.7% to settle at $57.21 on Thursday.

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Posted-In: Bill Baruch Halftime Report Final Trades Jenny Van Leeuwen Harrington Jim LebenthalNews Markets Media Trading Ideas

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