Netflix, Home Depot And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Stephen L. Weiss of Short Hills Capital Partners said Netflix, Inc. NFLX is back on its way.

On April 18, the streaming service reported first-quarter revenue of $9.37 billion — up 14.8% year-over-year. The revenue beat a Street consensus estimate of $9.275 billion, according to data from Benzinga Pro.

The Los Gatos, California-based company reported earnings per share of $5.28 for the quarter, which beat a Street consensus estimate of $4.51.

Kevin Simpson of Capital Wealth Planning said The Home Depot, Inc. HD has a 2.6% dividend yield.

The Home Depot is expected to hold its first-quarter earnings conference call on Tuesday, May 14. Analysts expect the company to report quarterly earnings at $3.6 per share, up from $3.4 per share in the year-ago quarter. Home Depot is projected to post revenue of $36.67 billion for the quarter.

On April 11, Home Depot will continue its relationship with Alphabet Inc GOOGL Google Cloud to help customers in their home improvement projects. The two companies have collaborated closely since 2015 to innovate retail technology, whether in-store, online, or most often, a blend of the two interactions.

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Shannon Saccocia of NB Private Wealth named iShares U.S. Basic Materials ETF IYM as her final trade.

Price Action:

• Netflix shares rose 2.5% to close at $579.34 on Friday.
• iShares U.S. Basic Materials ETF gained 0.9% during Friday's session.
• Home Depot shares rose 2.2% to settle at $342.85 on Friday.

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