On CNBC's “Halftime Report Final Trades,” Stephanie Link, chief investment strategist, head of investment solutions and portfolio manager at Hightower Advisors, named Truist Financial Corporation (NYSE:TFC) as her final trade.
Supporting her view, Morgan Stanley analyst Betsy Graseck upgraded Truist Financial from Equal-Weight to Overweight on Feb. 17 and raised the price target from $56 to $69.
Rob Sechan, CEO of NewEdge Wealth, picked Netflix, Inc. (NASDAQ:NFLX).
Netflix shares climbed in Thursday's extended trading after the company said it declined to raise its offer to acquire Warner Bros. Discovery Inc. (NASDAQ:WBD). In a statement released Thursday evening, Netflix officially decided to walk away from its bid for Warner Bros., choosing financial discipline over a bidding war.
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Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Joby Aviation, Inc. (NYSE:JOBY).
On the earnings front, Joby Aviation, on Wednesday, released its fourth-quarter earnings report, beating estimates on the top and bottom lines. Joby Aviation reported quarterly losses of 14 cents per share, beating the Street estimate of 22 cents, according to Benzinga Pro data. Quarterly revenue of $30.84 million beat the consensus estimate of $16.96 million by 81.79% and far exceeded the year-ago quarter's revenue of $55,000.
Malcolm Ethridge, Managing Partner at Capital Area Planning Group, picked Zscaler, Inc (NASDAQ:ZS) ahead of quarterly earnings.
After the closing bell on Thursday, Zscaler reported better-than-expected second-quarter financial results but slashed its FY26 sales guidance. The company reported quarterly earnings of $1.01 per share, which beat the analyst consensus estimate of 90 cents, according to data from Benzinga Pro.
Price Action:
- Truist Financial shares gained 1.8% to close at $51.50 on Thursday.
- Netflix shares rose 2.3% to settle at $84.59 during the session.
- Joby Aviation shares gained 4.2% to settle at $10.23 on Thursday.
- Zscaler shares jumped 7.5% to close at $167.36 during the session.
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