Benzinga - by Lisa Levin, Benzinga Editor.
On CNBC’s "Halftime Report Final Trades," Shannon Saccocia of Boston Private named iShares US Consumer Staples ETF (BATS: IYK), as her final trade. She said, "There's an opportunity for margin recapture in this sector next year as inflation comes down."
Josh Brown of Ritholtz Wealth Management picked Uber Technologies, Inc. (NYSE: UBER).
Uber Technologies is scheduled to report its third-quarter financial results on Nov. 7, 2023.
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Kevin Simpson of Capital Wealth said Microsoft Corporation (NASDAQ: MSFT) is up 6% since the last earnings report. The company reported upbeat top-and-bottom-line results. "I like the stock," he noted.
KeyBanc analyst Michael Turits reiterated an Overweight rating on Microsoft with a price target of $400 ahead of its first-quarter earnings. The company is scheduled to report its quarterly earnings on Oct. 24, 2023.
Stephen Weiss of Short Hills Capital Partners said he is staying short on iShares U.S. Home Construction ETF (NYSE: ITB).
Price Action: Microsoft shares fell 1.4% to close at $326.67, while Uber gained 0.6% to settle at $42.96 on Friday.
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