By Avi Kapoor
Publication Date: 2025-12-10 12:51:00
On CNBC’s “Halftime Report Final Trades,” on Tuesday, Stephanie Link, chief investment strategist, head of investment solutions and portfolio manager at Hightower Advisors, said she loves the acquisition by International Business Machines Corporation (NYSE:IBM).
IBM, on Monday, agreed to acquire Confluent, Inc. (NASDAQ:CFLT) for $31 per share, giving the data streaming pioneer an enterprise value of $11 billion. The deal brings Confluent’s real-time, open-source data streaming platform into IBM’s portfolio, enabling enterprises to connect, process, and govern reliable data and events in real time, a foundation for deploying AI at scale.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, picked Toast, Inc. (NYSE:TOST) as his final trade.
Lending support to his choice, JP Morgan analyst Tien-Tsin Huang, on Dec. 4, upgraded Toast from Neutral to Overweight and maintained the price target of $43.
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Brian Belski, founder,…
