On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal, partner at Cerity Partners, named Cisco Systems, Inc. (NASDAQ:CSCO) as his final trade.
Supporting his view, J.P. Morgan analyst Samik Chatterjee, on April 16, maintained Cisco with an Overweight rating and raised the price target from $95 to $96.
Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said Hercules Capital, Inc. (NYSE:HTGC) has a 12% yield and is down 18% year-to-date.
On the earnings front, Hercules Capital, on Feb. 12, reported fourth-quarter earnings of 48 cents per share which missed the analyst consensus estimate of 49 cents per share. The company reported quarterly sales of $137.430 million which missed the analyst consensus estimate of $138.892 million.
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Kevin Simpson, the founder and chief investment officer of Capital Wealth Planning, LLC, picked Amazon.com, Inc. (NASDAQ:AMZN), which is expected to report quarterly earnings on Wednesday, April 29.
Analysts expect the company to report quarterly earnings at $1.65 per share, up from $1.59 per share in the year-ago period. The consensus estimate for AMZN’s quarterly revenue is $177.17 billion (it reported $155.67 billion last year), according to Benzinga Pro.
Price Action:
- Cisco shares rose 0.5% to close at $89.01 on Friday.
- Hercules Capital gained 1% to close at $15.51 during the session.
- Amazon shares gained 3.5% to close at $263.99 on Friday.
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