Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Steve Weiss of Short Hills Capital Partners said Leidos Holdings, Inc. (NYSE: LDOS) is still cheap. "I buy it here," he added.
Leidos reported better-than-expected fourth-quarter financial results on Feb 13. The company reported fourth-quarter FY23 revenue growth of 8% year-over-year to $3.98 billion, beating the consensus of $3.80 billion. It clocked an adjusted EPS of $1.99, up 9% year-over-year, beating the consensus of $1.74, according to data from Benzinga Pro.
Jim Lebenthal of Cerity Partners named General Motors Company (NYSE: GM) as his final trade.
GM has reportedly issued a stop sale order on all its 2024 Chevrolet Colorado and GMC Canyon midsize trucks owing to software quality issues.
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Anastasia Amoroso of iCapital picked Amplify Cybersecurity ETF (NYSE: HACK), which fell 5% on Wednesday.
Joe Terranova of Virtus Investment Partners named CME Group Inc. (NASDAQ: CME).
CME Group reported better-than-expected fourth-quarter financial results on Feb. 14. The company posted quarterly adjusted earnings of $2.37 per share, beating market estimates of $2.28 per share. The company’s sales came in at $1.44 billion versus expectations of $1.43 billion.
Price Action:
- Leidos shares gained 0.4% to close at $123.95 on Wednesday.
- General Motors shares gained 1.2% to $39.49 during Wednesday’s session.
- Amplify Cybersecurity ETF fell 5% on Wednesday.
- CME Group shares gained 1.9% to close at $215.00.
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