Alibaba, NextEra Energy, Transocean And A Real Estate Stock On CNBC’s ‘Final Trades’

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On CNBC’s “Halftime Report Final Trades,” Brian Belski, founder, CEO and chief investment officer at Humilis Investment Strategies, named NextEra Energy, Inc. (NYSE:NEE) as his final trade.

As per the recent news, NextEra Energy, on May 18, entered into a definitive agreement to combine with Dominion Energy. As per the terms, Dominion shareholders will receive 0.8138 NextEra shares per Dominion share. This implies an ownership split of approximately 74.5% for NextEra and 25.5% for Dominion shareholders in the combined entity.

Jim Lebenthal, partner at Cerity Partners, picked Transocean Ltd. (NYSE:RIG).

Supporting his view, Barclays analyst Eddie Kim, on May …

Full story available on Benzinga.com

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