ExxonMobil, Leidos, eBay and More: CNBC’s ‘Final Trades’
Avi Kapoor 3 days ago
MarketsTrading IdeasLong IdeasNews
CNBC traders picked Leidos, ExxonMobil, DTCR and eBay; Leidos won a $95M contract, while Exxon and eBay earnings loom.
On CNBC’s “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, picked Leidos Holdings, Inc. (NYSE:LDOS).
Leidos, on Oct. 22, announced that it has received a five-year, $95 million Defense Logistics Agency contract to support the Enterprise Logistics Management System.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, said ExxonMobil Holdings Corp. (NYSE:XOM) will report quarterly earnings on Friday. The company has made a lot of money and is expected to continue to do so, he added.
Analysts expect the company to report quarterly earnings of $4.03 per share on revenue of $106.02 billion.
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Anastasia Amoroso, managing director and chief investment strategist at Partners Group, named Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) as her final trade.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, recommended eBay Inc. (NASDAQ:EBAY) ahead of quarterly earnings.
eBay will release third-quarter results after the closing bell on Wednesday, Oct. 28. Analysts expect the company to report quarterly earnings of $1.41 per share on revenue of $3.11 billion.
Price Action:
- Leidos shares gained 2.8% to close at $139.86 on Monday.
- ExxonMobil shares rose 0.7% to close at $184.54.
- Global X Data Center & Digital Infrastructure ETF gained 1% on Monday.
- eBay shares fell 2.3% to close at $118.62.
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