On CNBC’s “Halftime Report Final Trades,” Kari Firestone, co-founder of Aureus Asset Management, picked Amazon.com, Inc. (NASDAQ:AMZN) as her final trade.
Amazon.com has reportedly discontinued its recently introduced warehouse robot, Blue Jay, and reassigned its staff to other robotics projects. The operations of the robotic system were ceased in January, a few months after its launch in October, Business Insider reported on Tuesday.
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Odyssey Capital Advisors’ Jason Snipe likes Chevron Corporation (NYSE:CVX).
The oil company, on Monday, disclosed that it is expanding its exploration portfolio in the Mediterranean region. In particular, Chevron inked lease agreements with the Hellenic Republic for four offshore blocks in Greece, enhancing its exploration efforts in the region.
Liz Young Thomas, SoFi head of investment strategy, named State Street Financial Select Sector SPDR ETF (NYSE:XLF) as her final trade.
Joe Terranova, senior managing director for Virtus Investment Partners, recommended Baker Hughes Company (NASDAQ:BKR).
Lending support to his choice, Evercore ISI Group analyst James West, on Feb. 11, maintained Baker Hughes with an Outperform rating and raised the price target from $54 to $68.
Price Action:
- Chevron shares gained 1.8% to close at $183.87 on Wednesday.
- State Street Financial Select Sector SPDR ETF rose 0.8% during the session.
- Amazon shares gained 1.8% to settle at $204.79 on Wednesday.
- Baker Hughes shares gained 2.8% to close at $61.54 during the session.
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