On CNBC’s “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, picked Hewlett Packard Enterprise Company (NYSE:HPE).
Supporting his choice, Hewlett Packard posted better-than-expected fiscal 2026 third-quarter results on Sept. 2 and raised its fiscal-year guidance.
Hewlett Packard Enterprise reported quarterly earnings of $1.11 per share, which beat the consensus estimate of 93 cents by 19.35%, per Benzinga Pro data. Quarterly revenue clocked in at $12.21 billion, beating the Street estimate of $11.91 billion and up from $9.14 billion in the same period last year.
Kevin Simpson, founder and CEO of Capital Wealth Planning, named Natera, Inc. (NASDAQ:NTRA) as his final trade.
Supporting his view, RBC Capital analyst Dan Leonard, on Friday, maintained Natera with an Outperform rating and raised the price target from $350 to $460.
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Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, recommended UnitedHealth Group Incorporated (NYSE:UNH).
On the earnings front, UnitedHealth Group said it will release its third-quarter financial results on Tuesday, Oct. 13, before the opening bell. Analysts expect the company to report quarterly earnings at $4.14 per share on revenue of $111.49 billion.
Price Action
- Hewlett Packard Enterprise shares fell 0.9% to close at $62.94 on Friday.
- Natera shares rose 0.9% to settle at $412.56 on Friday.
- UnitedHealth Group shares gained 0.4% to close at $376.59 on Friday.
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