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First Republic Bank, NXP Semiconductors, Ulta Beauty And This ETF Are CNBC's 'Final Trades'

Published 19/01/2023, 15:11
Updated 19/01/2023, 16:40
© Reuters.  First Republic Bank, NXP Semiconductors, Ulta Beauty And This ETF Are CNBC's 'Final Trades'

Benzinga - On CNBC’s "Halftime Report Final Trades," Karen Firestone of Aureus Asset Management named First Republic Bank (NYSE: FRC), which moved down from its peak in November 2021. It’s starting to recover and sells at 14 times next year’s earnings. The company’s wealth management business is also growing and it’s on the "uptrend," she added.

Rob Sechan of New Edge Capital Group named Materials Select Sector SPDR Fund (NYSE: XLB) as his final trade amid weakening dollar, reopening in China and better near-term economic growth.

Don’t forget to check out our premarket coverage here.

Jim Lebenthal of Cerity Partners named NXP Semiconductors N.V. (NASDAQ: NXPI), saying there has been some strength in semiconductors this year and NXP is the "relatively safe way to play it."

Joseph Terranova of Virtus Investment Partners named Ulta Beauty, Inc. (NASDAQ: ULTA), which surged to an all-time high on Wednesday.

Check This Out: Nomura Sees India's Central Bank Hiking Rates By This Much In February

Photo via Pixabay.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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