Toast, Southern And More On CNBC's 'Final Trades'
Avi Kapoor 9 months ago
Long IdeasNewsMarketsMediaTrading Ideas
Ritholtz Wealth Management CEO Joshua Brown reiterated his buy action on Toast, adding that he likes the price action on Tuesday.
On CNBC's “Halftime Report Final Trades,” Ritholtz Wealth Management CEO Joshua Brown reiterated his buy action on Toast, Inc. (NYSE:TOST), adding that he likes the price action on Tuesday.
Oppenheimer analyst Rayna Kumar, on Jan. 12, maintained Toast with an Outperform rating and lowered the price target from $49 to $48.
Humilis Investment Strategies CEO Brian Belski named The Southern Company (NYSE:SO), a utility stock, as his final trade.
On the earnings front, Southern Company is scheduled to report fourth-quarter results on Thursday, Feb. 19. Analysts expect the company to report earnings of 57 cents per share on revenue of $6.41 billion.
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Liz Thomas, SoFi’s head of investment strategy, picked iShares Expanded Tech-Software Sector ETF (NYSE:IGV), saying this selloff is undue, and software has a chance this year.
Joe Terranova, senior managing director for Virtus Investment Partners, named ProShares UltraShort 20+ Year Treasury (NYSE:TBT)
Price Action:
- Toast shares fell 2.3% to close at $32.76 on Tuesday.
- Southern fell 0.1% to settle at $88.82 during the session.
- iShares Expanded Tech-Software Sector ETF fell 2.4% on Tuesday.
- ProShares UltraShort 20+ Year Treasury gained 2.6% during the session.
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