Meta, Delta Air Lines, TJX And A Financial Stock On CNBC's 'Final Trades'

Zinger Key Points

On CNBC's “Halftime Report Final Trades,” Stephanie Link of Hightower Advisors named Meta Platforms, Inc. META as her final trade.

Meta, on April 30, reported first-quarter revenue of $42.31 billion, beating analyst estimates of $41.39 billion. The company reported first-quarter earnings of $6.43 per share, easily beating analyst estimates of $5.21 per share.

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Rob Sechan, CEO of NewEdge Wealth, picked Blackstone Inc. BX as his final trade.

Supporting his view, Blackstone, on April 17, reported first-quarter fiscal year segment revenues of $2.763 billion, up 8% year over year (Y/Y), beating the consensus of $2.689 billion. Distributable earnings (DE) rose 11% Y/Y to $1.41 billion. Fee-related earnings increased 9% Y/Y to $1.26 billion.

Sarat Sethi, Managing Partner at DCLA, said Delta Air Lines, Inc. DAL just announced a $1 billion stock buyback plan, and it has a huge amount of free cash flow.

On the earnings front, Delta Air Lines, on April 9, posted better-than-expected first-quarter financial results.

Kevin Simpson, Capital Wealth Planning CIO, said The TJX Companies, Inc. TJX is going to benefit from tariffs.

Supporting his view, Citigroup analyst Paul Lejuez upgraded TJX Companies from Neutral to Buy on April 3 and raised the price target from $128 to $140.

Price Action:

  • Blackstone shares climbed 3% to close at $137.42 on Friday.
  • Delta Air Lines gained 6.5% to close at $44.20 during Friday's session.
  • TJX shares gained 1.2% to close at $129.21 on Friday.
  • Meta Platforms shares rose 4.3% to settle at $597.02.

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