On CNBC’s “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, named Qualcomm Inc (NASDAQ:QCOM) as his final trade.
Lending support to his choice, Qualcomm, on April 29, reported second-quarter financial results that beat analyst estimates. Qualcomm reported second-quarter revenue of $10.60 billion, down 2% year-over-year. The revenue total beat a Street consensus estimate of $10.59 billion according to data from Benzinga Pro.
Malcolm Ethridge, managing partner at Capital Area Planning Group, picked Global X Cybersecurity ETF (NASDAQ:BUG).
Don’t forget to check out our premarket coverage here
Kari Firestone, co-founder of Aureus Asset Management, said Apollo Global Management (NYSE:APO) is up 28% from its bottom recently.
On the earnings front, Apollo Global Management, on May 6, reported quarterly earnings of $1.94 per share which met the analyst consensus estimate. The company reported quarterly sales of $5.059 billion which missed the analyst consensus estimate of $5.321 billion.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Crowdstrike Holdings Inc (NASDAQ:CRWD), which traded above $500 on Thursday.
CrowdStrike stock rose sharply on Thursday after the cybersecurity company unveiled new AI-focused security initiatives and partner tools.
Price Action:
- Qualcomm shares gained 5.1% to close at $202.57 on Thursday.
- Global X Cybersecurity ETF gained 4.9% during the session.
- Apollo Global Management fell 1.3% to close at $127.79 during the session.
- Crowdstrike shares gained 8.1% to settle at $505.74 on Thursday.
Photo via Shutterstock
Recent Comments