Amazon, QXO, Phillips 66 And A Health Care Stock On CNBC's 'Final Trades'
I'm LongbridgeAI, I can summarize articles.On CNBC's 'Halftime Report Final Trades', Amazon (AMZN) was highlighted after reporting strong Q1 results, with shares rising 1.3% to $263.04. QXO (QXO) was recommended by Stephen Weiss, supported by an Outperform rating from Oppenheimer. UnitedHealth Group (UNH) also reported better-than-expected earnings, closing at $370.74, while Phillips 66 (PSX) gained 5.1% to $173.49 after positive EPS results. Overall, the session saw notable gains for these stocks.
On CNBC's “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, named Amazon.com, Inc. (NASDAQ:AMZN) as his final trade.
After the closing bell on Wednesday, Amazon reported upbeat financial results for the first quarter. Amazon also said it expects second-quarter revenue to be between $194 billion and $199 billion, versus estimates of $188.87 billion.
Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, recommended QXO, Inc. (NYSE:QXO).
Supporting his view, Oppenheimer analyst Scott Schneeberger, on April 27, maintained QXO with an Outperform rating and raised the price target from $30 to $32.
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Kari Firestone, co-founder of Aureus Asset Management, picked UnitedHealth Group Incorporated (NYSE:UNH).
On the earnings front, UnitedHealth Group, on April 21, reported better-than-expected first-quarter financial results and issued fiscal 2026 earnings guidance above estimates.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Phillips 66 (NYSE:PSX) as his final trade.
Lending support to his choice, Phillips 66, on Wednesday, reported better-than-expected first-quarter adjusted EPS results.
Price Action
- Amazon shares rose 1.3% to close at $263.04 on Wednesday.
- QXO shares settled at $19.61 during the session.
- UnitedHealth Group gained 1.1% to close at $370.74 during the session.
- Phillips 66 shares gained 5.1% to close at $173.49 on Wednesday.
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