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Top Stock Picks From CNBC's Final Trades: Palo Alto, Capital One, IDEXX and More

MarketDash Editorial Team
3 days ago
Financial pros shared their top picks on CNBC's Halftime Report, highlighting Palo Alto Networks, Capital One Financial, IDEXX Laboratories, and a materials sector ETF as Wednesday trading wrapped up.

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CNBC's "Halftime Report Final Trades" brought out some interesting picks on Wednesday, with market pros laying their cards on the table.

Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, went with Palo Alto Networks, Inc. (PANW) as his final trade. The cybersecurity company has been catching analyst attention lately. Guggenheim analyst John Difucci upgraded Palo Alto from Sell to Neutral on Monday, while Piper Sandler analyst Rob Owens maintained his Overweight rating and bumped the price target from $230 to $265.

SoFi's Liz Young Thomas picked the State Street Materials Select Sector SPDR ETF (XLB) as her final trade, signaling a play on the materials sector.

Stephanie Link, chief investment officer at Hightower, named Capital One Financial Corporation (COF). Her pick also has recent analyst backing. Barclays analyst Terry Ma maintained Capital One with an Overweight rating on Tuesday and raised the price target from $271 to $294.

Joe Terranova, senior managing director for Virtus Investment Partners, chose IDEXX Laboratories, Inc. (IDXX) as his final trade. The veterinary diagnostics company got a vote of confidence when Barclays analyst Glen Santangelo initiated coverage on December 9 with an Overweight rating and an $850 price target.

How The Stocks Moved

The market had mixed feelings about these picks on Wednesday. Palo Alto shares climbed 4.3% to close at $193.90, while IDEXX Laboratories gained 1.1% to finish at $714.55. On the flip side, Capital One Financial dropped 1.8% to settle at $253.25, and the State Street Materials Select Sector SPDR ETF fell 1.7% during the session.

Top Stock Picks From CNBC's Final Trades: Palo Alto, Capital One, IDEXX and More

MarketDash Editorial Team
3 days ago
Financial pros shared their top picks on CNBC's Halftime Report, highlighting Palo Alto Networks, Capital One Financial, IDEXX Laboratories, and a materials sector ETF as Wednesday trading wrapped up.

Get Capital One Financial Alerts

Weekly insights + SMS alerts

CNBC's "Halftime Report Final Trades" brought out some interesting picks on Wednesday, with market pros laying their cards on the table.

Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, went with Palo Alto Networks, Inc. (PANW) as his final trade. The cybersecurity company has been catching analyst attention lately. Guggenheim analyst John Difucci upgraded Palo Alto from Sell to Neutral on Monday, while Piper Sandler analyst Rob Owens maintained his Overweight rating and bumped the price target from $230 to $265.

SoFi's Liz Young Thomas picked the State Street Materials Select Sector SPDR ETF (XLB) as her final trade, signaling a play on the materials sector.

Stephanie Link, chief investment officer at Hightower, named Capital One Financial Corporation (COF). Her pick also has recent analyst backing. Barclays analyst Terry Ma maintained Capital One with an Overweight rating on Tuesday and raised the price target from $271 to $294.

Joe Terranova, senior managing director for Virtus Investment Partners, chose IDEXX Laboratories, Inc. (IDXX) as his final trade. The veterinary diagnostics company got a vote of confidence when Barclays analyst Glen Santangelo initiated coverage on December 9 with an Overweight rating and an $850 price target.

How The Stocks Moved

The market had mixed feelings about these picks on Wednesday. Palo Alto shares climbed 4.3% to close at $193.90, while IDEXX Laboratories gained 1.1% to finish at $714.55. On the flip side, Capital One Financial dropped 1.8% to settle at $253.25, and the State Street Materials Select Sector SPDR ETF fell 1.7% during the session.