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TJX Companies, Qualcomm And Bitcoin ETF On CNBC's 'Final Trades'

Benzinga·05/20/2025 12:40:26
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On CNBC's “Halftime Report Final Trades,” Jason Snipe, chief investment officer of Odyssey Capital Advisors, said he likes QUALCOMM Incorporated (NASDAQ:QCOM) here, adding that he likes the new deal with Nvidia Corp. (NASDAQ:NVDA) to build CPU chips.

Qualcomm revealed its intentions to manufacture custom data center CPUs, potentially facilitating communication with Nvidia’s graphics processors (GPUs), a vital part of its AI chip portfolio. Qualcomm's future chips will incorporate Nvidia's technology, facilitating rapid communication with Nvidia's graphics processors (GPUs), a vital part of its AI chip portfolio.

Joseph M. Terranova, Senior Managing Director for Virtus Investment Partners, picked The TJX Companies, Inc. (NYSE:TJX) as his final trade.

Supporting his view, JPMorgan analyst Matthew Boss, on Monday, maintained TJX with an Overweight rating and raised the price target from $127 to $130. TJX, meanwhile, is expected to release its first quarter fiscal 2026 sales and earnings results on Wednesday, May 21.

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Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named iShares Bitcoin Trust ETF (NASDAQ:IBIT), saying the momentum continues with the Trump family getting more steeped into the crypto business.

At the time of writing, Bitcoin prices jumped around 1.6% over the past 24 hours to trade past the $105,000 mark.

Price Action:

  • QUALCOMM shares gained 0.8% to close at $153.70 on Monday.
  • iShares Bitcoin Trust ETF gained 1.3% during Monday's session.
  • TJX shares rose 1.3% to close at $135.03 on Monday.

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