Vistra, Generac, Rockwell Automation And A Basic Material Stock: CNBC’s ‘Final Trades’
Avi Kapoor 4 months ago
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On CNBC's Halftime Report Final Trades, Vistra Corp. (NYSE: VST) was named as the final trade by Rob Sechan, while CRH plc (NYSE: CRH) announced a big acquisition. Rockwell Automation, Inc. (NYSE: ROK) and Generac Holdings Inc (NYSE: GNRC) were also recommended by experts. Vistra and Generac saw gains in their share prices.
On CNBC’s “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, named Vistra Corp. (NYSE:VST) as his final trade.
On the earnings front, Vistra posted first-quarter sales of $5.640 billion on May 7, compared with market estimates of $5.650 billion.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, said CRH plc (NYSE:CRH) announced a big acquisition on Monday.
CRH agreed to acquire 100% of Arcosa in an all-cash transaction for $150 per share.
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Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, picked Rockwell Automation, Inc. (NYSE:ROK).
According to recent news, Rockwell Automation announced on June 9 a $1 billion common stock repurchase and declared a quarterly dividend of $1.38 per share.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, recommended Generac Holdings Inc. (NYSE:GNRC), an industrial name.
On June 15, the company acquired a new facility to expand its packaging capacity for large-MW generators.
Price Action:
- Vistra shares gained 2.3% to close at $167.26 on Monday.
- CRH rose 0.01% to settle at $111.25 during the session.
- Rockwell Automation shares gained 0.9% to close at $478.08 on Monday.
- Generac shares jumped 5.9% to settle at $295.54.
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