Robinhood, Zscaler, Palo Alto And A Real Estate Stock On CNBC’s ‘Final Trades’
On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said Robinhood Markets, Inc. (NASDAQ: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. (NASDAQ: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. (NASDAQ: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 (NYSE: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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