Morgan Stanley, Chubb and CF Industries: CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” DCLA managing partner Sarat Sethi picked Morgan Stanley (NYSE:MS).

Earlier this week, UBS analyst Erika Najarian maintained a Buy rating on Morgan Stanley and raised the price target from $236 to $240. The investment bank’s stock price closed Thursday at around $182.44, down nearly 6%.

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Rob Sechan, founder and managing partner of NewEdge Capital Group, said CF Industries Holdings, Inc. (NYSE:CF) reported a great quarter.

On the earnings front, CF Industries reported better-than-expected third-quarter financial results on Wednesday. Also, the company noted that 2026 ammonia capacity in Europe and Trinidad is severely curtailed.

Malcolm Ethridge, managing partner at Capital Area Planning Group, named Chubb Limited (NYSE:CB) as his final trade.

Chubb, on Oct. 20, reported third-quarter earnings of $7.66 per share. It beat the analyst consensus estimate of $6.81 per share. The company reported quarterly sales of $13.183 billion, which missed the analyst consensus estimate of $13.452 billion.

Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended ConocoPhillips (NYSE:COP).

Supporting his view, ConocoPhillips reported better-than-expected third-quarter results on Thursday and raised its quarterly dividend by 11% to 93 cents per share.

Adjusted EPS came in at $3.27, beating the analyst estimate of $2.97. Revenue reached $20.06 billion, surpassing the $18.18 billion consensus estimate.

Price Action

• CF shares gained 6.2% to close at $118.57 on Thursday.
• Morgan Stanley shares dipped 5.9% to close at $182.44.
• Chubb shares slipped 0.7% to settle at $371.63 on Thursday.
• ConocoPhillips shares declined 1.1% to settle at $135.46 during the session.

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