Quanta Services, Apple And Alphabet On CNBC's 'Final Trades'

On CNBC’s “Halftime Report Final Trades,” Brenda Vingiello of Sand Hill Global Advisors picked Quanta Services, Inc. PWR as her final trade.

Lending support to her choice, Piper Sandler analyst Kashy Harrison, on May 27, maintained Quanta Services with an Overweight rating and raised the price target from $360 to $370.

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Malcolm Ethridge, Executive Vice President at CIC Wealth Management, said this is the time to buy Apple Inc. AAPL.

Supporting his view:

• Morgan Stanley analyst Erik Woodring, on Tuesday, reiterated Apple with an Overweight rating and maintained a $235 price target
• Wedbush analyst Daniel Ives reiterated the stock with an Outperform rating and maintained a $270 price target.
• BofA Securities analyst Wamsi Mohan also reiterated Apple with a Buy and maintained a $235 price target.

Alex Kantrowitz named Alphabet Inc. GOOGL GOOG, as his final trade.

Alphabet’s Google on Tuesday offered buyouts to U.S.-based employees in multiple departments, including the search ads unit. The company extended the voluntary exit program to workers in several divisions, according to CNBC.

Impacted teams include knowledge and information (K&I), central engineering, marketing, research and communications.

Price Action:

• Apple shares gained 0.6% to close at $202.67 on Tuesday.
• Alphabet rose 1.4% to close at $178.60 on Tuesday.
• Quanta Services shares fell 1.9% to settle at $348.76 during the session.

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