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Visa, Transocean, Jacobs Solutions And More: CNBC's 'Final Trades'

Author: Lisa Levin | July 03, 2023 08:30am

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named Jacobs Solutions Inc. (NYSE:J), saying that it’s a "long-term trade."

Jacobs Solutions inked an Engineering Partnering Agreement (EPA) with Fortescue Future Industries (FFI) to aid its global ammonia, green hydrogen and renewable energy project targets.

Bryn Talkington of Requisite Capital Management named Visa Inc. (NYSE:V), saying people will continue to swipe. Earnings for financial stocks will kick off in the next two weeks and will continue to rally over the next two weeks, she said. 

Visa announced the acquisition of Pismo. The acquisition of Pismo will strategically position Visa to offer clients core banking and issuer processing capabilities across debit, prepaid, credit and commercial cards by leveraging cloud-native APIs.

Don’t forget to check out our premarket coverage here.

Jim Lebenthal of Cerity Partners named Transocean Ltd. (NYSE:RIG) as his final trade.

Transocean announced a $184-million award for its harsh environment semisubmersible services.

Liz Young of BNY Mellon Investment Management picked iShares Core S&P Small-Cap ETF (NYSE:IJR).

Price Action: Transocean shares rose 9.2% to settle at $7.01, while Visa shares rose 1.4% to close at $237.48 on Friday. Jacobs shares rose 0.5% to close at $118.89 during the Friday’s session.
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Photo via Pixabay. 

Posted In: IJR J RIG V