On CNBC's "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners said momentum in Apple Inc. (NASDAQ:AAPL) shares will continue.
Cupertino, California-based Apple is reportedly planning to launch a "significantly skinnier" iPhone 17 as part of a broader strategy to make its devices thinner. This move is in line with the company's recent focus on thinness, which was evident in the design of the OLED iPad Pro.
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Jim Lebenthal of Cerity Partners said Citigroup Inc. (NYSE:C) is breaking out of its consolidation phase.
On June 17, RBC Capital analyst Gerard Cassidy maintained Citigroup with an Outperform and raised the price target from $63 to $66.
Anastasia Amoroso of iCapital named Amplify Mobile Payments ETF (NYSE:IPAY) as her final trade.
Joseph M. Terranova of Virtus Investment Partners picked Palantir Technologies Inc. (NYSE:PLTR).
On Monday, Argus Research analyst Joseph Bonner initiated coverage on the stock with a Buy rating and a price target of $29. Bonner noted that Palantir has expanded into the commercial sector with data management and analytics platforms and expects the commercial segment to continue to be its future growth driver.
Price Action:
- Citigroup shares gained 1.2% to close at $60.06 during Monday's session.
- Apple shares rose 2% to close at $216.67 on Monday.
- Amplify Mobile Payments ETF gained 0.4% during Monday's session.
- Palantir Technologies gained 6.2% to close at $25.02 on Monday.