Broadcom, Cleveland-Cliffs And A Major Industrial Stock Down 12% This Year: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Rob Sechan named Broadcom Inc. (NASDAQ:AVGO) as his final trade.

Broadcom posted upbeat earnings for its third quarter, but issued a weak forecast for the current quarter.

Jim Lebenthal of Cerity Partners picked Cleveland-Cliffs Inc. (NYSE:CLF).

Cleveland-Cliffs inked a tentative pact with the United Steelworkers (USW) on a new three-year labor agreement regarding operations at the Northshore Mine in Minnesota.

Stephanie Link of Hightower named 3M Company (NYSE:MMM).

3M confirmed reaching an agreement with the court-appointed negotiating plaintiffs' counsel to resolve the Combat Arms Earplug litigation against it and Aearo Technologies.

Benzinga's analyst ratings data shows a consensus rating of Neutral on 3M.

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Price Action: 3M shares gained 0.3% to settle at $106.95, while Cleveland-Cliffs shares rose 1.4% to close at $15.51 on Friday. Broadcom shares fell 5.5% to close at $872.52 on Friday.

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