On CNBC's “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors said he likes Intuit Inc. INTU here and it's a stock that has done well. He added that the company beat on the top and bottom lines but missed guidance.
On Aug. 22, Intuit reported better-than-expected fourth-quarter financial results and issued FY25 EPS guidance above estimates. Also, the company approved a new $3 billion repurchase authorization.
Stephen Weiss of Short Hills Capital Partners named iShares India 50 ETF INDY. Apple AAPL said they will not go back to China for capacity, so growth is going to continue in India.
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Bryn Talkington of Requisite Capital picked Sprott Uranium Miners ETF URNM as her final trade.
Stephanie Link of Hightower named Amgen Inc. AMGN, which settled higher on Wednesday.
On Aug. 6, Amgen reported worse-than-expected second-quarter adjusted EPS results. Amgen reported quarterly earnings of $4.97 per share which missed the analyst consensus estimate of $5.01. The company reported quarterly sales of $8.388 billion which beat the analyst consensus estimate of $8.333 billion.
Price Action:
- Intuit shares fell 1.5% to close at $617.04 during Wednesday's session.
- iShares India 50 ETF slipped 0.2% during Wednesday session.
- Amgen shares gained 0.8% to settle at $329.49 on Wednesday.
- Sprott Uranium Miners ETF fell 3.5% during Wednesday's session.
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