On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, picked Snowflake Inc. (NYSE:SNOW).
Lending support to his choice, Evercore ISI Group analyst Kirk Materne, on Monday, maintained Snowflake with an Outperform rating and raised the price target from $280 to $360.
Rob Sechan, CEO of NewEdge Wealth, named KLA Corporation (NASDAQ:KLAC) as his final trade.
On the earnings front, KLA, on July 28, reported fourth-quarter earnings of $1.05 per share, which beat the analyst consensus estimate of $1. Quarterly revenue came in at $3.66 billion, which beat the Street estimate of $3.6 billion.
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Brian Belski, founder, CEO & chief investment officer at Humilis Investment Strategies, recommended Gilead Sciences, Inc. (NASDAQ:GILD)
Gilead Sciences, on Aug. 4, reported quarterly losses of $6.75 per share which beat the analyst consensus estimate of losses of $7.24 per share. The company reported quarterly sales of $7.803 billion which beat the analyst consensus estimate of $7.400 billion.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked Airbnb, Inc. (NASDAQ:ABNB).
Supporting his view, Airbnb, on Aug. 6, reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.
Price Action:
- Snowflake shares fell 0.2% to close at $334.14 on Tuesday.
- KLA shares gained 4% to settle at $200.47 during the session.
- Gilead Sciences shares rose 2% to close at $135.77 on Tuesday.
- Airbnb shares gained 0.2% to settle at $184.98.
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