General Motors, CME Group, Leidos And More On CNBC's 'Final Trades'

Author: Avi Kapoor | February 22, 2024 09:20am

On CNBC’s "Halftime Report Final Trades," Steve Weiss of Short Hills Capital Partners said Leidos Holdings, Inc. (NYSE:LDOS) is still cheap. "I buy it here," he added.

Leidos reported better-than-expected fourth-quarter financial results on Feb 13. The company reported fourth-quarter FY23 revenue growth of 8% year-over-year to $3.98 billion, beating the consensus of $3.80 billion. It clocked an adjusted EPS of $1.99, up 9% year-over-year, beating the consensus of $1.74, according to data from Benzinga Pro.

Jim Lebenthal of Cerity Partners named General Motors Company (NYSE:GM) as his final trade.

GM has reportedly issued a stop sale order on all its 2024 Chevrolet Colorado and GMC Canyon midsize trucks owing to software quality issues.

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Anastasia Amoroso of iCapital picked Amplify Cybersecurity ETF (NYSE:HACK), which fell 5% on Wednesday.

Joe Terranova of Virtus Investment Partners named CME Group Inc. (NASDAQ:CME).

CME Group reported better-than-expected fourth-quarter financial results on Feb. 14. The company posted quarterly adjusted earnings of $2.37 per share, beating market estimates of $2.28 per share. The company’s sales came in at $1.44 billion versus expectations of $1.43 billion.

Price Action:

• Leidos shares gained 0.4% to close at $123.95 on Wednesday.
• General Motors shares gained 1.2% to $39.49 during Wednesday’s session.
• Amplify Cybersecurity ETF fell 5% on Wednesday.
• CME Group shares gained 1.9% to close at $215.00.

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Photo: Shutterstock

Posted In: CME GM HACK LDOS