On CNBC’s “Halftime Report Final Trades,” Ritholtz Wealth Management CEO Joshua Brown reiterated his buy action on Toast, Inc. (NYSE:TOST), adding that he likes the price action on Tuesday.
Oppenheimer analyst Rayna Kumar, on Jan. 12, maintained Toast with an Outperform rating and lowered the price target from $49 to $48.
Humilis Investment Strategies CEO Brian Belski named The Southern Company (NYSE:SO), a utility stock, as his final trade.
On the earnings front, Southern Company is scheduled to report fourth-quarter results on Thursday, Feb. 19. Analysts expect the company to report earnings of 57 cents per share on revenue of $6.41 billion.
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Liz Thomas, SoFi’s head of investment strategy, picked iShares Expanded Tech-Software Sector ETF (NYSE:IGV), saying this selloff is undue, and software has a chance this year.
Joe Terranova, senior managing director for Virtus Investment Partners, named ProShares UltraShort 20+ Year Treasury (NYSE:TBT)
Price Action:
- Toast shares fell 2.3% to close at $32.76 on Tuesday.
- Southern fell 0.1% to settle at $88.82 during the session.
- iShares Expanded Tech-Software Sector ETF fell 2.4% on Tuesday.
- ProShares UltraShort 20+ Year Treasury gained 2.6% during the session.
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