AbbVie, Deere And A Major Chipmaker Set To Win In AI: CNBC’s ‘Final Trades’

On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management said AbbVie Inc.

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said AbbVie Inc. (NYSE:ABBV) has a 4.5% yield and high free cash flow yield.

AbbVie reported reimbursement for VRAYLAR for the treatment of schizophrenia under Non-Insured Health Benefits (NIHB) Program.

Stephen Weiss of Short Hills Capital Partners said Deere & Company (NYSE:DE) may go back to over $400 level.

BMO Capital analyst John Joyner, last week, maintained Deere with a Market Perform and lowered the price target from $450 to $425.

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Joseph Terranova of Virtus Investment Partners said Broadcom Inc. (NASDAQ:AVGO) is going to be a winner in AI.

Shares of Broadcom gained on Monday on reports suggesting EU Antitrust Regulators are set to approve Broadcom’s acquisition of VMware.

Price Action: Broadcom shares rose 6.4% to settle at $855.36, while Deere shares rose 2.2% to close at $387.13 on Monday. AbbVie shares fell 0.3% to close at $137.73 during the Monday’s session.

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