On CNBC’s “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named Dick’s Sporting Goods, Inc. (NYSE:DKS) as his final trade.
On the earnings front, Dick’s Sporting Goods, on May 27, reported mixed results for the first quarter. The company posted quarterly earnings of $2.90 per share, which missed the analyst consensus estimate of $2.93 per share. The company reported quarterly sales of $5.165 billion, which beat the analyst consensus estimate of $4.974 billion.
SoFi ‘s Liz Young Thomas picked State Street Financial Select Sector SPDR ETF (NYSE:XLF).
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Joseph M. Terranova, senior managing director for Virtus Investment Partners, recommended Garmin Ltd. (NYSE:GRMN).
Garmin will release its second-quarter earnings before the opening bell on July 29. Analysts expect the company to report quarterly earnings at $2.29 per share, up from $2.17 per share in the year-ago period. The consensus estimate for Garmin’s quarterly revenue is $1.94 billion, compared to $1.81 billion a year ago.
Price Action
- Dick’s Sporting shares gained 0.1% to close at $236.93 on Wednesday.
- State Street Financial Select Sector SPDR ETF fell 0.3% during the session.
- Garmin shares gained 1.5% to close at $240.02 on Wednesday.
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