TJX, Microsoft, Apollo Global Management And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director for Virtus Investment Partners, recommended The TJX Companies, Inc. (NYSE:TJX).

On the earnings front, TJX reported upbeat fourth-quarter results on Wednesday. However, the retailer issued a weak earnings forecast.

TJX posted quarterly earnings of $1.43 per share, which beat the analyst consensus estimate of $1.39 per share. The company reported quarterly sales of $17.743 billion. It beat the analyst consensus estimate of $17.37 billion.

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Richard Saperstein, chief investment officer at Treasury Partner, named Microsoft Corporation (NASDAQ:MSFT) as his final trade.

As per the recent news, Microsoft, on Tuesday, said it is accelerating its push to close the global digital divide, pairing a significant connectivity milestone with a new Starlink partnership to expand AI-ready access worldwide.

Jim Lebenthal, partner at Cerity Partners, picked Apollo Global Management, Inc. (NYSE:APO).

Apollo Global, on Feb. 20, announced that Apollo-managed funds have invested $1 billion in subordinated hybrid notes issued by Aldar Properties PJSC, a leading UAE-based real estate developer and investment manager.

Shannon Saccocia, chief investment officer of NB Private Wealth, named iShares U.S. Energy ETF (NYSE:IYE) as her final trade.

Price Action:

• Microsoft shares gained 3% to close at $400.60 on Wednesday.
• iShares U.S. Energy ETF fell 0.6% during the session.
• Apollo Global Management shares gained 2.7% to settle at $117.21 on Wednesday.
• TJX shares fell 1.2% to close at $155.82 during the session.

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