Benzinga - by Priya Nigam, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Amy Raskin of Chevy Chase Trust named The Goldman Sachs Group, Inc. (NYSE: GS) as her final trade.
The bank issued earnings of $3.08 — down 60% year-over-year — missing the $3.18 Street estimate, on revenues of $10.90 billion, ahead of the $10.84 billion consensus.
Jim Lebenthal of Cerity Partners said The Boeing Company (NYSE: BA) is readying a restart of plane deliveries in China.
Boeing recently warned of delivery delays due to a manufacturing defect.
Stephen Weiss of Short Hills Capital Partners named Alibaba Group Holding Limited (NYSE: BABA), saying that this is a great entry point.
Alibaba Group Holding stock traded higher Monday on par with the broader indexes iShares China Large-Cap ETF (ARCA:FXI) and KraneShares CSI China Internet ETF (ARCA: KWEB) as U.S. Commerce Secretary Gina Raimondo kicked off a tour of China on Monday.
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Joseph Terranova of Virtus Investment Partners picked Marriott International, Inc. (NASDAQ: MAR).
Marriott International recently announced new appointments to its Asia Pacific (excluding China) leadership team.
Price Action: Marriott shares gained 1.4% to settle at $202.53, while Alibaba shares rose 2.7% to close at $92.24 on Monday. Boeing shares gained 1.6% to close at $227.06, while Goldman Sachs climbed 1.8% to $325.97 on Monday.
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