Palo Alto, Capital One Financial, IDEXX Laboratories And Others: CNBC's 'Closing Trades'

Key Stock Picks from CNBC's Halftime Report

During a recent segment of CNBC's Halftime Report Final Trades, several investment professionals shared their top stock selections.

Palo Alto Networks (NASDAQ: PANW)

Jason Snipe, who leads Odyssey Capital Advisors as founder and chief investment officer, highlighted Palo Alto Networks as his preferred trade. His recommendation was bolstered by Guggenheim analyst John Difucci, who upgraded the stock from a Sell to a Neutral rating on Monday. Additionally, Piper Sandler’s Rob Owens reaffirmed an Overweight rating and increased the price target from $230 to $265.

State Street Materials Select Sector SPDR ETF (NYSE: XLB)

Liz Young Thomas from SoFi selected the State Street Materials Select Sector SPDR ETF as her final trade idea.

Capital One Financial Corporation (NYSE: COF)

Stephanie Link, chief investment officer at Hightower, chose Capital One Financial as her top pick. Supporting her outlook, Barclays analyst Terry Ma maintained an Overweight rating on the stock and raised the price target from $271 to $294 on Tuesday.

IDEXX Laboratories, Inc. (NASDAQ: IDXX)

Joe Terranova, senior managing director at Virtus Investment Partners, named IDEXX Laboratories as his final trade. Barclays analyst Glen Santangelo initiated coverage on the company with an Overweight rating and set a price target of $850 on December 9.

Recent Stock Performance

• Palo Alto Networks shares climbed 4.3%, closing at $193.90 on Wednesday.
• Capital One Financial saw its stock decline by 1.8%, ending the session at $253.25.
• IDEXX Laboratories gained 1.1%, finishing at $714.55 on Wednesday.
• State Street Materials Select Sector SPDR ETF dropped 1.7% during the session.

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Stock Snapshot

• COF (Capital One Financial Corp)
  Price: $252.43
  Change: -0.32%
• IDXX (IDEXX Laboratories Inc)
  Price: $714.55
  Change: N/A
• PANW (Palo Alto Networks Inc)
  Price: $193.45
  Change: -0.23%
• XLB (State Street Materials Select Sector SPDR ETF)
  Price: $46.48
  Change: -0.43%