Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management said he is sticking with Zoom Video Communications, Inc. (NASDAQ: ZM).
On Feb. 26, Zoom Video reported better-than-expected fourth-quarter financial results, issued FY25 adjusted EPS guidance above estimates, and authorized a $1.5 billion stock repurchase program.
Rob Sechan of NewEdge Wealth named eBay Inc. (NASDAQ: EBAY) as his final trade.
On Feb. 27, eBay reported better-than-expected fourth-quarter financial results. The company’s board also declared a cash dividend of 27 cents per share and authorized an additional stock repurchase program of up to $2 billion.
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Jason Snipe of Odyssey Capital Advisors said he likes Ulta Beauty, Inc. (NASDAQ: ULTA).
On Nov. 30, Ulta Beauty reported better-than-expected third-quarter sales results and revised FY23 guidance.
Stephanie Link of Hightower said she still likes the product profile of The Estée Lauder Companies Inc. (NYSE: EL).
On Feb. 5, Estee Lauder reported better-than-expected second-quarter financial results and announced a restructuring program, which includes an estimated net reduction of roughly 3 to 5% of its positions as of June 30, 2023.
Price Action:
- Zoom Video shares gained 8% to close at $68.17 on Tuesday.
- eBay shares rose 1.2% to close at $44.39 during Tuesday’s session.
- Ulta Beauty rose 0.9% to close at $561.41 on Tuesday.
- Estée Lauder shares gained 2.4% to close at $148.51.
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