Netflix, CF Industries And An Industrial Stock: CNBC's 'Final Trades'
I'm LongbridgeAI, I can summarize articles.Analysts are optimistic about Netflix, citing strong fundamentals and an earnings beat, with JPMorgan upgrading the stock to Overweight and a price target of $120. CF Industries reported better-than-expected earnings and sales, with shares rising 4.8%. Lockheed Martin's shares surged 3.4% following U.S. military actions in Iran, with President Trump indicating ongoing attacks. Netflix shares increased by 0.9%.
On CNBC's “Halftime Report Final Trades,” Stephanie Link, chief investment strategist, head of investment solutions and portfolio manager at Hightower Advisors, said Netflix, Inc. (NASDAQ:NFLX) has strong fundamentals.
Supporting her view, JPMorgan analyst Doug Anmuth, on Monday, upgraded Netflix stock from Neutral to Overweight with a price target of $120.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named CF Industries Holdings, Inc. (NYSE:CF) as his final trade.
On the earnings front, CF Industries, on Feb. 18, reported fourth-quarter earnings of $2.99 per share which beat the analyst consensus estimate of $2.54 per share. The company reported quarterly sales of $1.872 billion which beat the analyst consensus estimate of $1.787 billion.
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Jim Lebenthal, partner at Cerity Partners, recommended Lockheed Martin Corporation (NYSE:LMT).
Shares of Lockheed Martin surged to all-time high on Monday after the U.S. attacked Iran. President Donald Trump signaled that the attacks could last for “four to five weeks” and that the “big wave” attack is still to come.
Price Action:
- Lockheed Martin shares gained 3.4% to close at $676.70 on Monday.
- Netflix shares rose 0.9% to settle at $97.09 during the session.
- CF Industries shares gained 4.8% to close at $104.30 during the session.
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