On the recent airing of CNBC’s “Halftime Report Final Trades,” Liz Young put forward ProShares S&P 500 Dividend Aristocrats ETF (NOBL) as her ultimate trade.
Jenny Harrington of Gilman Hill Asset Management, LLC, highlighted the remarkable 7.8% yield of Columbia Banking System, Inc. (COLB).
Columbia Banking System reported fourth-quarter financial results that came in below market expectations. The company recorded adjusted earnings of 44 cents per share, markedly missing the market’s estimates of 79 cents per share. Additionally, the company’s quarterly sales stood at $519.16 million, failing to meet the anticipated $526.68 million, as per data from Benzinga Pro.
Bill Baruch of Blue Line Capital singled out Tesla, Inc. (TSLA).
The Austin, Texas-based carmaker recently slashed prices on its costliest Model Y edition in Canada, following price reductions on two of its less expensive versions. The Model Y Performance is now listed at C$69,990 ($51,911.23) on the company website, reflecting a 5.8% decrease from the earlier price of C$74,290 ($55,100).
Josh Brown of Ritholtz Wealth Management endorsed Uber Technologies, Inc. (UBER) as his parting trade.
Uber revealed surpassing sales figures for its fourth quarter, reporting a 15% year-on-year revenue growth to $9.94 billion, outshining the consensus of $9.76 billion. Uber also exceeded expectations with a GAAP EPS of 29 cents versus the projected 17 cents.
Price Movements:
- Columbia Banking shares surged by 2.2%, concluding at $18.78 on Thursday.
- ProShares S&P 500 Dividend Aristocrats ETF dipped by 0.2% during Thursday’s trading session.
- Tesla shares ascended by 1.1%, settling at $189.56 on Thursday.
- Uber shares appreciated by 1.4%, closing at $71.61 on Thursday.