Final Trade: NOC, VIX, AVGO, GM
By CNBC Television
Key Concepts:
- Final Trade (end-of-day stock picks)
- Short-term momentum
- News-driven trading
- Tuneup (potentially referring to adjusting a portfolio or position)
- Worst-performing stock
Final Trade Picks:
- Kitty: Northrop Grumman (NOC). The rationale is that the defense sector company has "very good momentum short term."
- Chairwoman: Not explicitly stated, but the comment implies a trade based on knowing "exactly what to do" when news is expected.
- Tuneup: The speaker wants to start doing this on the worst-performing stock, specifically mentioning "AVG L."
Analysis and Implications:
The segment focuses on quick, end-of-day stock picks. Kitty's pick is based on technical analysis (short-term momentum). The Chairwoman's comment suggests a strategy of trading based on anticipated news events, implying a degree of insider knowledge or at least a strong expectation of market reaction. The "tuneup" concept is vague but seems to involve re-evaluating or adjusting positions in underperforming stocks, potentially using "AVG L" as a metric. The segment is very brief and lacks detailed explanations of the reasoning behind each pick.
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