Skip to main content

Market Overview

AbbVie, Deere And A Major Chipmaker Set To Win In AI: CNBC's 'Final Trades'

Share:
AbbVie, Deere And A Major Chipmaker Set To Win In AI: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management said AbbVie Inc. (NYSE: ABBV) has a 4.5% yield and high free cash flow yield.

AbbVie reported reimbursement for VRAYLAR for the treatment of schizophrenia under Non-Insured Health Benefits (NIHB) Program.

Stephen Weiss of Short Hills Capital Partners said Deere & Company (NYSE: DE) may go back to over $400 level.

BMO Capital analyst John Joyner, last week, maintained Deere with a Market Perform and lowered the price target from $450 to $425.

Don’t forget to check out our premarket coverage here

Joseph Terranova of Virtus Investment Partners said Broadcom Inc. (NASDAQ: AVGO) is going to be a winner in AI.

Shares of Broadcom gained on Monday on reports suggesting EU Antitrust Regulators are set to approve Broadcom's acquisition of VMware.

Price Action: Broadcom shares rose 6.4% to settle at $855.36, while Deere shares rose 2.2% to close at $387.13 on Monday. AbbVie shares fell 0.3% to close at $137.73 during the Monday’s session.

Check This Out: Top 5 Industrials Stocks That May Rocket Higher This Month

Photo: Shutterstock

 

Related Articles (AVGO + ABBV)

View Comments and Join the Discussion!

Posted-In: Bryn Talkington CNBC Halftime Report Final TradesLong Ideas News Markets Media Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com