J.B. Hunt Transport, LPL Financial And More On CNBC’s ‘Final Trades’
I'm LongbridgeAI, I can summarize articles.On CNBC’s 'Final Trades,' experts recommended LPL Financial, Roundhill Memory ETF, iShares U.S. Healthcare ETF, and J.B. Hunt Transport. LPL Financial beat Q2 earnings ($5.60 vs $5.40) and sales estimates. J.B. Hunt also exceeded expectations with $1.91 EPS and $3.5B revenue. Following these reports, LPL shares rose 1.5%, Roundhill Memory ETF jumped 7.7%, J.B. Hunt gained 4%, and the Healthcare ETF increased 0.4% on Wednesday.
On CNBC’s “Halftime Report Final Trades,” Brian Belski, Founder, CEO & chief investment officer at Humilis Investment Strategies, picked LPL Financial Holdings Inc. (NASDAQ:LPLA).
Lending support to his choice, LPL Financial Holdings, on July 30, reported better-than-expected second-quarter financial results. The company reported quarterly earnings of $5.60 per share, which beat the analyst consensus estimate of $5.40 per share. Quarterly sales were $5.186 billion, exceeding the analyst consensus estimate of $4.995 billion.
Bryn Talkington, managing partner of Requisite Capital Management, recommended Roundhill Memory ETF (NASDAQ:DRAM).
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Shannon Saccocia, Neuberger, named iShares U.S. Healthcare ETF (NYSE:IYH) as her final trade.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT).
Supporting his view, JB Hunt Transport, on July 25, reported quarterly earnings of $1.91 per share, which beat the analyst estimate of $1.71 by 11.7%, according to Benzinga Pro data. Quarterly revenue came in at $3.5 billion, beating the Street estimate of $3.24 billion and up from $2.93 billion in the same period last year.
Price Action
- LPL Financial shares gained 1.5% to close at $376.68 on Wednesday.
- Roundhill Memory ETF jumped 7.7% during the session.
- J.B. Hunt Transport shares rose 4% to close at $275.96 on Wednesday.
- iShares U.S. Healthcare ETF gained 0.4% during the session.
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