On CNBC’s ‘Halftime Report Final Trades,’ a panel of financial experts shared their insights on select companies. Rob Sechan of NewEdge Wealth favored Salesforce, Inc. (CRM) as his final trade. Salesforce recently reported strong second-quarter earnings, exceeding analysts’ expectations on both revenue and earnings per share. The company’s revenue reached $9.33 billion, beating the consensus estimate of $9.23 billion, while adjusted earnings per share came in at $2.56, surpassing the projected $2.36.
Jim Lebenthal of Cerity Partners selected Wynn Resorts, Limited (WYNN) as his pick. Wynn Resorts’ recent quarterly earnings, however, fell short of analyst forecasts. The company reported earnings per share of $1.12 on revenue of $1.733 billion, both figures missing analysts’ consensus estimates.
Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC, highlighted The Charles Schwab Corporation (SCHW), noting its attractive valuation. Analyst Kyle Voigt of Keefe, Bruyette & Woods maintained an ‘Outperform’ rating on Charles Schwab with a price target of $80, emphasizing the company’s strong financial position.
Karen Firestone of Aureus Asset Management chose EPAM Systems, Inc. (EPAM) as her final trade. EPAM Systems recently announced an acquisition of NEORIS, a strategic move that could enhance its market presence and future growth prospects.
In terms of recent stock performance, Salesforce shares closed down 0.2% at $247.68 on Wednesday. Wynn Resorts shares gained 1.6% to settle at $77.04. Charles Schwab shares dipped 1.4% to close at $63.90. EPAM Systems shares experienced a 2.6% increase, ending the day at $200.50.
