Cisco, Oil, Natural Gas And This ETF Feature On CNBC's 'Final Call'

US stocks closed mixed on Friday, with the Dow Jones jumping around 170 points, while the Nasdaq Composite fell over 70 points.

On CNBC’s "The Final Call," Carter Worth, Worth Charting, recommended staying long on oil and natural gas.

Jeff Mills of Bryn Mawr Capital Management said he would reiterate his caution around the consumer sector, including SPDR S&P Retail ETF XRT.

Michael Khouw of Optimize Advisors said Cisco Systems, Inc. CSCO is going into earnings, and using calls is the way to make bullish bets. The company is scheduled to report quarterly earnings on Feb. 15, 2023.

Benzinga data shows analysts have a consensus Outperform rating on CSCO.

Price Action: Cisco shares gained 1.1% to close at $47.26 on Friday, while XRT dropped 0.9% during the session.

Read This Next: $1M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!