Freeport-McMoRan, State Street, Deckers Outdoor And More On CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, picked Freeport-McMoRan Inc. (NYSE:FCX).

Lending support to her choice, Freeport-McMoRan reported, on Oct. 27, better-than-expected third-quarter earnings. The metals and mining company reported adjusted earnings of 88 cents per share, topping analysts’ consensus estimate of 79 cents. Revenue of $7.546 billion also exceeded expectations of $7.424 billion.

Kari Firestone, co-founder of Aureus Asset Management, named Deckers Outdoor Corporation (NYSE:DECK) as her final trade.

On the earnings front, Deckers Outdoor reported mixed second-quarter results on Oct. 22 and cut its FY27 sales guidance below estimates.

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Bryn Talkington, managing partner of Requisite Capital Management, recommended Invesco S&P 500 Equal Weight ETF (NYSE:RSP).

Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked State Street Corporation (NYSE:STT).

Supporting his view, JP Morgan analyst Vivek Juneja, on Oct. 30, maintained State Street with a Neutral and raised the price target from $187.5 to $192.5.

Price Action

• Freeport-McMoRan shares gained 4.9% to close at $62.33 on Monday.
• Deckers Outdoor shares rose 4.3% to close at $90.43.
• Invesco S&P 500 Equal Weight ETF gained 2.3% on Monday.
• State Street shares rose 3.2% to settle at $170.88 during the session.

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