Uber, Meta, NRG Energy And A Basic Materials Stock On CNBC's 'Final Trades'

On CNBC’s “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management said Uber Technologies, Inc. UBER is sitting right on top of its 200-day and its 50-day moving averages.

Supporting his view, Truist Securities analyst Youssef Squali, on March 6, maintained Uber Technologies with a Buy rating and raised the price target from $90 to $92.

Rob Sechan of NewEdge Wealth named NRG Energy, Inc. NRG as his final trade.

NRG Energy, on March 12, entered into a definitive agreement to acquire six power generation facilities from Rockland Capital, LLC for $560 million.

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Amy Raskin of Chevy Chase Trust picked Franco-Nevada Corporation FNV.

On the earnings front, Franco-Nevada, on March 10, reported fourth-quarter results. Revenue rose 6% year over year (+30% Y/Y excluding Cobre Panama) to $321.0 million, beating the consensus of $305.85 million. The company saw strong production from Candelaria, new assets, and benefiting from record gold prices.

Stephen Weiss of Short Hills Capital Partners named Meta Platforms, Inc. META as his final trade.

President Donald Trump has indicated that Meta Platforms could invest up to $60 billion in the United States by the end of the year.

Price Action:

• Uber shares gained 2.9% to close at $71.55 on Friday.
• NRG Energy rose 4.9% to settle at $95.39 during Friday’s session.
• Franco-Nevada rose 2.1% to close at $153.35 on Friday.
• Meta shares gained 3% to close at $607.60 on Friday.

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