Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Shannon Saccocia of NB Private Wealth named iShares S&P GSCI Commodity-Indexed Trust (NYSE: GSG), saying that China is expected to become "much more important later this year and it is a colossal consumer of commodities."
Stephen Weiss of Short Hills Capital Partners named Leidos Holdings, Inc. (NYSE: LDOS) as his final trade.
On March 7, Leidos said it was awarded $158 million U.S. Air Force command and control emergency management contract.
Don’t forget to check out our premarket coverage here
Jason Snipe of Odyssey Capital Advisors picked CrowdStrike Holdings, Inc. (NASDAQ: CRWD), saying cybersecurity will continue to grow.
In a strategic move to enhance its cybersecurity capabilities, CrowdStrike has joined forces with NVIDIA Corp (NASDAQ: NVDA). The collaboration will leverage Nvidia’s advanced artificial intelligence technology to fortify CrowdStrike’s cybersecurity solutions.
Joseph M. Terranova of Virtus Investment Partners named PACCAR Inc (NASDAQ: PCAR), which is an industrial stock.
On March 15, UBS analyst Steven Fisher upgraded PACCAR from Neutral to Buy and raised the price target from $104 to $136. Truist Securities analyst Jamie Cook initiated coverage on the stock with a Hold rating and a price target of $117 on March 14.
Price Action
- PACCAR shares gained 1.7% to settle at $120.34 on Monday.
- iShares S&P GSCI Commodity-Indexed Trust gained 1.3% on Monday.
- Leidos Holdings fell 1.2% to settle at $126.35 during Monday’s session.
- CrowdStrike shares rose 1.7% to settle at $321.06 on Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Is PCAR truely undervalued?
With PCAR making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed PCAR alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? PCAR wasn't at the top of the list.
Unlock ProPicks AI