On CNBC’s “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, named Microsoft Corporation (NASDAQ:MSFT) as his final trade.
Stifel analyst Brad Reback, on Feb. 5, downgraded Microsoft from Buy to Hold and lowered the price target from $540 to $392.
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Bryn Talkington, managing partner of Requisite Capital Management, said State Street Industrial Select Sector SPDR ETF (NYSE:XLI) continues to go higher.
Stephanie Link, chief investment strategist, head of investment solutions and portfolio manager at Hightower Advisors, picked Quanta Services, Inc. (NYSE:PWR).
Supporting her view, Quanta Services, on Thursday, reported better-than-expected fourth-quarter financial results and issued FY26 adjusted EPS and sales guidance above estimates. Quanta Services reported quarterly earnings of $3.16 per share which beat the analyst consensus estimate of $3.02 per share. The company reported quarterly sales of $7.842 billion which beat the analyst consensus estimate of $7.368 billion.
Joe Terranova, senior managing director for Virtus Investment Partners, recommended Edison International (NYSE:EIX).
Lending support to his choice, Edison Intl, on Wednesday, reported quarterly earnings of $1.86 per share which beat the analyst consensus estimate of $1.48 per share. The company reported quarterly sales of $5.213 billion which beat the analyst consensus estimate of $4.354 billion.
Price Action:
- Microsoft shares fell 0.3% to close at $398.46 on Thursday.
- State Street Industrial Select Sector SPDR ETF rose 0.7% during the session.
- Quanta Services shares gained 6.7% to settle at $554.00 on Thursday.
- Edison International shares gained 4.3% to close at $72.66 during the session.
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