Skip to main content

Market Overview

Fastenal, Rocket Companies, Toll Brothers And More On CNBC's 'Final Trades'

Share:
Fastenal, Rocket Companies, Toll Brothers And More On CNBC's 'Final Trades'

Can a strategic stake increase in Rocket Companies, Inc. (NYSE:RKT) signal a seismic shift in investor sentiment, or is it merely a blip on the financial radar? As industry heavyweights weigh in with their final trades, the market braces for potential surprises ahead.

On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Rocket Companies, saying ValueAct Capital has just raised its stake to 8.9% of all shares outstanding.

On the earnings front, Rocket Companies will issue its second-quarter earnings on July 31, 2025. Analysts expect the company to report quarterly earnings of 3 cents per share on revenue of $1.28 billion.

Kate Rogers picked CBOE Volatility Index, saying tariff threats are not over.

Don't forget to check out our premarket coverage here

Stephanie Link, chief investment strategist, head of Investment Solutions and portfolio manager at Hightower Advisors, named Toll Brothers, Inc. (NYSE:TOL) as her final trade.

Lending support to her choice, Wells Fargo analyst Sam Reid maintained Toll Brothers with an Overweight rating on June 27, raising the price target from $125 to $130.

Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked Fastenal Company (NASDAQ:FAST) as his final trade.

Supporting his view, Fastenal, on July 14, reported stronger-than-expected second-quarter 2025 results. The industrial supplies distributor posted revenue of $2.08 billion, up 8.6% from a year ago and topping the $2.07 billion consensus estimate.

Price Action:

  • Rocket Companies shares gained 6.4% to close at $16.00 on Tuesday.
  • Toll Brothers shares gained 8.5% to close at $126.59 during the session.
  • Fastenal shares gained 2.3% to settle at $47.08 on Tuesday.

Check This Out:

Photo: Shutterstock

 

Related Articles (FAST + RKT)

View Comments and Join the Discussion!

Posted-In: Kate RogersLong Ideas News Markets Media Trading Ideas

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