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Freeport-McMoRan, FLEETCOR Technologies And More: CNBC's 'Final Trades'

Published 24/08/2023, 14:06
© Reuters.  Freeport-McMoRan, FLEETCOR Technologies And More: CNBC's 'Final Trades'
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Benzinga - by Priya Nigam, Benzinga Staff Writer. Stephen Weiss of Short Hills Capital Partners said he likes Freeport-McMoRan Inc. (NYSE: FCX), per CNBC’s "Halftime Report Final Trades."

Freeport-McMoRan reported $5.74 billion in second-quarter revenue for 2023, beating the consensus of $5.54 billion. Copper sales of 1.03 billion pounds were down 5% Y/Y due to shipping delays in Indonesia.

Joseph Terranova of Virtus Investment Partners named FLEETCOR Technologies, Inc. (NYSE: FLT), adding that it’s "tough to find a financial with 21% revenue growth."

FleetCor Technologies reported better-than-expected second-quarter financial results and issued FY23 revenue guidance above estimates.

Liz Young of BNY Mellon Investment Management picked SPDR Gold Shares (NYSE: GLD).

Don’t forget to check out our premarket coverage here

Price Action: Freeport-McMoRan shares gained 1% to settle at $39.26, while 39.26 shares rose 0.9% to close at $264.51 on Wednesday.

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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