Amazon, JPMorgan, and RH highlighted in CNBC’s ‘Final Trades’

On April 1, WestPark Capital analyst Curtis Shauger initiated coverage on Amazon.com, Inc. with a Buy rating and set a price target of $280. This announcement comes as Jason Snipe of Odyssey Capital Advisors noted on CNBC’s “Halftime Report Final Trades” that Amazon.com is currently trading at a level 30% lower than its 52-week high, indicating a potential opportunity for investors.

In a similar vein, Stephen L. Weiss of Short Hills Capital Partners highlighted the U.S. 2 Year Treasury as his final trade, showcasing a shift in focus towards government-backed securities as part of investment strategies.

For those considering banking stocks, Jim Lebenthal of Cerity Partners has chosen JPMorgan Chase & Co. as his top pick ahead of the upcoming first-quarter earnings release. JPMorgan is expected to discuss its financial results via a conference call on Friday, April 11. Analysts anticipate that the bank will report a significant increase in quarterly earnings, with projections suggesting $4.65 per share compared to $4.44 per share in the previous year. Moreover, revenue for the quarter is expected to reach $44.05 billion, a notable increase from the $41.93 billion reported a year earlier.

Another noteworthy pick comes from Bryn Talkington of Requisite Capital Management, who expressed a positive outlook on RH RH as a favored choice in her investment basket. However, recent earnings reports indicate that RH may have missed the mark in terms of revenue and earnings per share for the fourth quarter. Despite this, Talkington’s endorsement of the company suggests a long-term bullish perspective on its performance.

In terms of recent stock movements, JPMorgan shares closed at $210.28 after a 7.5% decrease, Amazon shares ended the session at $171.00, dropping by 4.2%, and RH shares fell 2.5% to settle at $145.66 on Friday.

In conclusion, these expert insights into stock picks and market trends offer valuable information to investors seeking opportunities in the ever-changing landscape of the stock market. Whether exploring established banking institutions like JPMorgan Chase & Co. or considering growth potential in companies like Amazon.com and RH, understanding market dynamics and expert recommendations can help investors make informed decisions in their pursuit of financial success.