On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said Robinhood Markets, Inc. HOOD would break above $50.
Supporting his view, Robinhood reported quarterly earnings of 37 cents per share on April 30, which beat the analyst consensus estimate of 32 cents. Quarterly revenue of $927 million also beat the analyst consensus estimate of $922.53 million and is up from $618 million in the same period last year.
Malcolm Ethridge, executive vice president at CIC Wealth Management, likes Zscaler, Inc. ZS. Although the stock has remained rangebound for the better part of the year, it is going to break out heading toward earnings.
On the earnings front, Zscaler reported better-than-expected second-quarter financial results on March 5 and issued third-quarter adjusted EPS guidance above estimates.
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Jason Snipe, chief investment officer of Odyssey Capital Advisors, named Palo Alto Networks, Inc. PANW as his final trade, saying the new platform strategy has been gaining momentum.
Supporting his view, Lockheed Martin posted better-than-expected results for the first quarter on April 22. The company reported a 4% year-over-year increase in net sales to $18.0 billion, beating the consensus of $17.8 billion. It clocked a GAAP EPS of $7.28, beating the consensus of $6.32.
Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management, LLC, said Realty Income Corporation O has a 5.7% dividend yield.
Lending support to his choice, Realty Income reported quarterly sales of $1.38 billion on May 5, which beat the analyst consensus estimate of $1.31 billion.
Price Action:
- Robinhood shares climbed 1.3% to close at $48.69 on Tuesday.
- Zscaler shares rose 0.1% to settle at $233.10 during Tuesday’s session.
- Palo Alto shares gained 0.3% to close at $188.69 on Tuesday.
- Realty Income shares fell 0.3% to settle at $56.79.
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