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Benzinga
Benzinga
Business
Avi Kapoor

Teradyne, BlackRock, Victoria's Secret And More On CNBC's 'Final Trades'

BlackRock CNBC Teradyne Jim Lebenthal BLK Cerity Partners Victoria Secret
Side,View,Of,Concentrated,Crypto,Trader,Sitting,In,Front,Of

On CNBC's “Halftime Report Final Trades,” on Wednesday, Jim Lebenthal, partner at Cerity Partners, named BlackRock, Inc. (NYSE:BLK) as his final trade.

Supporting his view, BlackRock reported strong third-quarter results on Tuesday, with CEO Larry Fink saying the cryptocurrency market will grow “rapidly” as the firm builds proprietary tokenization technology to move traditional assets on-chain. BlackRock reported diluted EPS of $8.43, or $11.55 on an adjusted basis, with assets under management climbing to $13.5 trillion, up 17% year-over-year.

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