SLB, Target, Transocean And A Tech Stock Stock On CNBC’s ‘Final Trades’

On CNBC’s “ Halftime Report Final Trades,” Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, named Target Corporation (NYSE: TGT ) as her final trade.

Lending support to her choice, Wells Fargo analyst Edward Kelly, on July 30, maintained Target with an Overweight rating and raised the price target from $140 to $165.

Rob Sechan, CEO of NewEdge Wealth, picked Monolithic Power Systems, Inc. (NASDAQ: MPWR ).

Monolithic Power, on Thursday, reported better-than-expected second-quarter financial results and issued strong third-quarter sales guidance.

Monolithic Power reported quarterly earnings of $6.50 per share, which beat the analyst consensus estimate of $5.87 per share.

The company reported quarterly sales of $980.642 million, which beat the analyst consensus estimate of $902.496 million.

Don’t forget to check out our premarket coverage her e Amy Raskin, chief investment officer at Chevy Chase Trust, recommended SLB N.V. (NYSE: SLB ), an energy stock.

Supporting her view, SLB, on July 24, reported better-than-expected second-quarter financial results.

Jim Lebenthal, partner and chief market strategist at Cerity Partners, picked Transocean Ltd. (NYSE: RIG ) ahead of quarterly earnings.

Transocean will report earnings for the second quarter on Wednesday, Aug.

5, after the closing bell.

Analysts expect the company to report quarterly earnings at 1 cent per share on revenue of $962.88 million.

Price Action: Target shares slipped 0.01% to close at $144.49 on Friday.

Monolithic Power shares gained 8.4% to close at $1,426.03 during the session.

SLB shares gained 1.4% to close at $49.59 on Friday.

Transocean shares rose 4.7% to settle at $5.32 during the session.

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