On CNBC's “Halftime Report Final Trades,” Brian Belski, founder, CEO and chief investment officer at Humilis Investment Strategies, named NextEra Energy, Inc. (NYSE:NEE) as his final trade.
As per the recent news, NextEra Energy, on May 18, entered into a definitive agreement to combine with Dominion Energy. As per the terms, Dominion shareholders will receive 0.8138 NextEra shares per Dominion share. This implies an ownership split of approximately 74.5% for NextEra and 25.5% for Dominion shareholders in the combined entity.
Jim Lebenthal, partner at Cerity Partners, picked Transocean Ltd. (NYSE:RIG).
Supporting his view, Barclays analyst Eddie Kim, on May 7, upgraded Transocean from Equal-Weight to Overweight and raised the price target from $6 to $8.
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Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, recommended Alibaba Group Holding Limited (NYSE:BABA).
On the earnings front, Alibaba, on May 13, reported mixed fiscal fourth-quarter 2026 results. The company reported quarterly revenue of $35.28 billion, up 3% from a year earlier and slightly ahead of analyst estimates of $35.23 billion. Excluding the divested Sun Art and Intime businesses, revenue increased 11% on a like-for-like basis.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Welltower Inc. (NYSE:WELL) as his final trade.
Lending support to his choice, Welltower, on April 28, posted better-than-expected results for the first quarter and raised its FY2026 FFO guidance.
Price Action:
- NextEra Energy shares gained 1.2% to close at $90.06 on Tuesday.
- Transocean fell 1.7% to settle at $7.45 during the session.
- Alibaba shares gained 1.8% to close at $135.64 on Tuesday.
- Welltower shares rose 2.5% to close at $218.00.
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