On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Exxon Mobil Corporation (NYSE:XOM) hit a new 52-week high on Tuesday.
Supporting his view, TD Cowen analyst Jason Gabelman, on Tuesday, maintained Exxon Mobil with a Buy and raised the price target from $135 to $145, while Barclays analyst Betty Jiang maintained the stock with an Overweight rating and boosted the price target from $140 to $145.
Shannon Saccocia, chief investment officer of NB Private Wealth, named iShares Russell 2000 ETF (NYSE:IWM) as her final trade.
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Stephanie Link, chief investment strategist, head of investment solutions and portfolio manager at Hightower Advisors, picked Rockwell Automation, Inc. (NYSE:ROK) ahead of quarterly earnings.
Rockwell Automation is scheduled to report its first quarter fiscal 2026 results on Thursday, Feb. 5, before the opening bell. Analysts expect the company to report quarterly earnings at $2.48 per share on revenue of $2.09 billion.
Joe Terranova, senior managing director for Virtus Investment Partners, recommended Hubbell Incorporated (NYSE:HUBB).
Lending support to his choice, Hubbell, on Tuesday, posted better-than-expected results for the fourth quarter. The company reported quarterly earnings of $4.73 per share which beat the analyst consensus estimate of $4.71 per share. The company reported quarterly sales of $1.492 billion which beat the analyst consensus estimate of $1.489 billion.
Price Action:
- Exxon Mobil shares gained 3.9% to close at $143.73 on Tuesday.
- iShares Russell 2000 ETF gained 0.2% during the session.
- Rockwell Automation shares rose 0.3% to close at $430.31 on Tuesday.
- Hubbell shares gained 1.7% to settle at $503.86 during the session.
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