Apple, Alphabet, JB Hunt And Howmet Aerospace: CNBC’s ‘Final Trades’
On CNBC’s “ Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he is still long on Apple Inc. (NASDAQ: AAPL ) despite the recent decline in the stock following third-quarter earnings. On July 30, Apple reported better-than-expected financial results. Still, the iPhone manufacturer issued Q4 sales guidance below estimates. Apple’s fiscal Q3 revenue was $109.42 billion. It beat analyst estimates of $108.65 billion. The Cupertino, California-based company reported earnings of $2.02 per share for the quarter, beating estimates of $1.89 per share, according to Pro. Don’t forget to check out our premarket coverage here Rob Sechan, CEO of NewEdge Wealth, named Howmet Aerospace Inc. (NYSE: HWM ), an industrial stock that, as of July 27, has an Outperform rating from RBC Capital. Ken Herbert, an analyst at the firm, raised the...
On CNBC’s “ Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he is still long on Apple Inc. (NASDAQ: AAPL ) despite the recent decline in the stock following third-quarter earnings. On July 30, Apple reported better-than-expected financial results. Still, the iPhone manufacturer issued Q4 sales guidance below estimates.
Apple’s fiscal Q3 revenue was $109.42 billion. It beat analyst estimates of $108.65 billion. The Cupertino, California-based company reported earnings of $2.02 per share for the quarter, beating estimates of $1.89 per share, according to Pro. Don’t forget to check out our premarket coverage here Rob Sechan, CEO of NewEdge Wealth, named Howmet Aerospace Inc.
(NYSE: HWM ), an industrial stock that, as of July 27, has an Outperform rating from RBC Capital. Ken Herbert, an analyst at the firm, raised the price target from $300 to $325. Jim Lebenthal, partner and chief market strategist at Cerity Partners, picked Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ).
Alphabet, on July 22, posted Q2 revenue of approximately $119.8 billion, beating analyst estimates of $116.82 billion, according to Pro. The Google parent company reported Q2 earnings of $9.11 per share, which may not compare to estimates. Earnings are up 294% year-over-year, the company reported. Joseph M.
Terranova, senior managing director for Virtus Investment Partners, recommended J B Hunt Transport Services Inc (NASDAQ: JBHT ). Supporting his view, J.B. Hunt Transport posted its second-quarter results on July 15, beating analyst estimates on the top and bottom lines. Price Action Apple shares gained 2% to close at $309.38 on Tuesday.
Howmet Aerospace shares gained 0.7% to close at $288.20 during the session. Alphabet shares gained 0.8% to close at $375.35 on Tuesday. J B Hunt shares rose 2.8% to settle at $274.48 during the session. Read Also: Stock Market Today: S&P 500, Dow Futures Gain After Scott Bessent Signals Strait of Hormuz Deal With Iran in Sight Photo via Shutterstock