Benzinga - by Priya Nigam, Benzinga Staff Writer.
Joshua Brown of Ritholtz Wealth Management recommends selling shares of Instacart (Maplebear Inc.) (NYSE: CART), which just went public.
Instacart's investors would be smart to sell on the pop, he said on CNBC’s "Halftime Report Final Trades."
"If you were lucky enough to get in on the IPO ... I would take the profit," Brown added.
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Instacart priced its IPO at $30 per share late Monday, which was at the top end of the expected range.
Sarat Sethi said Uber Technologies, Inc. (NYSE: UBER) has positive cash flow.
Oracle Corp (NYSE: ORCL) and Uber today announced a collect-and-receive offering on the Oracle Retail platform connecting retailers and consumers to enhance and enrich last mile delivery.
Jim Lebenthal of Cerity Partners named Cisco Systems, Inc. (NASDAQ: CSCO) as his final trade.
B of A Securities analyst Tal Liani maintained Cisco with a Neutral and raised the price target from $56 to $60.
Karen Firestone of Aureus Asset Management said EPAM Systems, Inc. (NYSE: EPAM) is "very inexpensive."
EPAM Systems reported better-than-expected second-quarter financial results and issued third-quarter adjusted EPS guidance above estimates.
Price Action: EPAM shares rose 1.4% to close at $263.11, while Cisco shares fell 0.5% to settle at $55.84 on Tuesday. Uber shares gained 2.35 to close at $47.59, while Instacart jumped 12.3% to settle at $33.70 on Tuesday.
Check This Out: Instacart, ARS Pharmaceuticals And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
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