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CNBC's Final Trades: Cadence Design Systems, Amazon, Guess And This Brick-And-Mortar Retail Giant

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CNBC's Final Trades: Cadence Design Systems, Amazon, Guess And This Brick-And-Mortar Retail Giant

On CNBC’s “Halftime Report Final Trades,” Degas Wright of Decatur Capital Management chose Cadence Design Systems Inc (NASDAQ: CDNS), saying the company “makes design tools to develop microchips and has a 20% earnings growth rate.”

Joseph Terranova of Virtus Investment Partners said that Amazon.com, Inc. (NASDAQ: AMZN) is “not a matter of if, it’s a matter of when I will get into this stock.” Amazon’s stock “has the most potential for upside of the FAANGs obviously,” he added. Referring to Amazon’s 20-for-1 stock split by the end of the quarter, Terranova mentioned that the stock is “about to retake the 20-day moving average, which it hasn’t been above since the early days of January.” Check other stocks making big moves in the premarket.

Jon Najarian named Guess?, Inc. (NYSE: GES), saying it's an “accelerated stock.”

Shannon Saccocia of Boston Private chose Costco Wholesale Corporation (NASDAQ: COST) as her final trade, saying that none of its customers would go away in the inflationary environment.

 

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