On CNBC’s “Halftime Report Final Trades,” Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, picked ServiceNow, Inc. (NYSE:NOW).
Lending support to his choice, ServiceNow, on July 23, reported strong second-quarter earnings. Adjusted EPS of 90 cents beat the Street estimate of 85 cents, according to Benzinga Pro data. Revenue clocked in at $3.99 billion, which beat the analyst consensus estimate of $3.93 billion.
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Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named Meta Platforms, Inc. (NASDAQ:META) as his final trade.
Meta will release earnings results for the second quarter after the closing bell on Wednesday, July 29. Analysts expect the company to report quarterly earnings of $7.22 per share on revenue of $60.26 billion.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Incyte Corporation (NASDAQ:INCY) ahead of quarterly earnings.
Incyte will release earnings for the second quarter before the opening bell today. Analysts expect the company to post quarterly earnings at $2.15 per share, up from $1.57 per share in the year-ago period.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended eBay Inc. (NASDAQ:EBAY).
Baird analyst Colin Sebastian, on July 15, maintained eBay with an Outperform rating and raised the price target from $117 to $125.
Price Action
- Meta shares fell 0.2% to close at $593.87 on Monday.
- ServiceNow shares rose 6.9% to settle at $105.56 during the session.
- eBay shares gained 3.5% to close at $113.21 on Monday.
- Incyte shares rose 1% to close at $118.87 during the session.
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