On CNBC’s “Halftime Report Final Trades,” Josh Brown of Ritholtz Wealth Management hinted at the tech earnings on the horizon, highlighting Uber Technologies, Inc., Snap Inc., and PayPal Holdings, Inc. scheduled to report next week. However, he expressed particular intrigue in Uber’s results, suggesting that there’s much anticipation in store.
Bryn Talkington of Requisite Capital Management chose Diamondback Energy, Inc. as her final trade.
On Jan. 26, Susquehanna analyst Biju Perincheril maintained Diamondback Energy with a Positive outlook but adjusted the price target from $203 to $190.
Steve Weiss of Short Hills Capital Partners recommended owning Taiwan Semiconductor Manufacturing Company Limited.
Taiwan Semiconductor Manufacturing is reportedly considering a second Japanese plant in the same town as its first in Kumamoto prefecture, looking to make a formal announcement in February, as per Nikkei Asia’s report.
Sarat Sethi picked Meta Platforms Inc., which unveiled its earnings after the closing bell on Thursday.
Meta reported better-than-expected fourth-quarter financial results, initiated a quarterly dividend of 50 cents per share, and announced a $50 billion increase to its share repurchase authorization.
Price Action:
- Diamondback Energy shares fell 0.7% to close at $152.72 on Thursday.
- Shares of Taiwan Semiconductor Manufacturing gained 0.4% to close at $113.39 on Thursday.
- Meta shares gained 1.2% to settle at $394.78 during Thursday’s session.
- Uber shares gained 2.2% to close at $66.73.
- Shares of Snap fell 0.1% to settle at $15.87 on Thursday.
- PayPal shares gained 1.1% to close at $62.02 during Thursday’s session.
