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Alphabet, Meta Platforms And An Industrial Parts Provider: CNBC's 'Final Trades'

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Alphabet, Meta Platforms And An Industrial Parts Provider: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners named Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) as his final trade.

Alphabet recently reported better-than-expected earnings and sales results for its third quarter, but recorded downbeat performance for its cloud computing unit.

Stephen Weiss of Short Hills Capital Partners said Meta Platforms, Inc. (NASDAQ: META) is still "very cheap."

Meta recently reported better-than-expected results for its third quarter. The company said it sees fourth-quarter revenue coming in a range of $36.5 billion to $40 billion.

Benzinga's analyst data shows a consensus Buy rating on META.

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Joseph Terranova of Virtus Investment Partners picked W.W. Grainger, Inc. (NYSE: GWW).

W.W. Grainger reported better-than-expected earnings for its third quarter and issued FY23 guidance.

Price Action: Alphabet shares gained 1.9% to close at $124.46, while Meta shares gained 2% to settle at $302.66 on Monday. Grainger shares climbed 2.7% to settle at $726.06 during Monday’s session.

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Photo: Shutterstock

 

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Posted-In: CNBC Halftime Report Final Trades Jim LebenthalLong Ideas News Markets Media Trading Ideas Best of Benzinga

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