Spotify, American Express, Linde And An Energy Stock: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Capital Area Planning Group’s Malcolm Ethridge named Spotify Technology S.A. (NYSE:SPOT), which reported better-than-expected fourth-quarter earnings.

The music and podcast streaming service also boasts subscriber growth and a strong first-quarter MAU outlook. Monthly active users (MAUs) rose by 11% Y/Y to 751 million, adding a record 38 million subscribers in the last quarter, outperforming company expectations by 6 million.

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Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, said he likes American Express Company (NYSE:AXP), which has been focusing on Gen Z and millennials.

On the earnings front, the company, on Jan. 30, reported quarterly revenue (net of interest expense) growth of 10% year-over-year to $18.98 billion, topping the analyst consensus estimate of $18.92 billion.

Kari Firestone, co-founder of Aureus Asset Management, picked Linde plc (NASDAQ:LIN), an industrial gas company from Europe

Supporting her view, Linde, on Feb. 5, reported quarterly earnings of $4.20 per share, which beat the analyst consensus estimate of $4.18. The company reported quarterly sales of $8.764 billion. It beat the analyst consensus estimate of $8.644 billion.

Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he likes Devon Energy Corporation (NYSE:DVN).

Barclays analyst Betty Jiang, on Feb. 4, upgraded Devon Energy from Equal-Weight to Overweight and raised the price target from $42 to $50.

Price Action:

• American Express shares fell 3.1% to close at $342.88 on Thursday.
• Spotify shares dipped 8.5% to close at $445.79 during the session.
• Linde shares gained 1.1% to settle at $472.86 on Thursday.
• Devon Energy shares fell 2.2% to settle at $43.96 during the session.

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