Freeport-McMoRan, FLEETCOR Technologies And More: CNBC's 'Final Trades'

Stephen Weiss of Short Hills Capital Partners said he likes Freeport-McMoRan Inc. FCX, per CNBC’s "Halftime Report Final Trades."

Freeport-McMoRan reported $5.74 billion in second-quarter revenue for 2023, beating the consensus of $5.54 billion. Copper sales of 1.03 billion pounds were down 5% Y/Y due to shipping delays in Indonesia.

Joseph Terranova of Virtus Investment Partners named FLEETCOR Technologies, Inc. FLT, adding that it’s "tough to find a financial with 21% revenue growth."

See Also: Nvidia, Dollar Tree And 3 Stocks To Watch On Thursday

FleetCor Technologies reported better-than-expected second-quarter financial results and issued FY23 revenue guidance above estimates.

Liz Young of BNY Mellon Investment Management picked SPDR Gold Shares GLD.

Don’t forget to check out our premarket coverage here

Price Action: Freeport-McMoRan shares gained 1% to settle at $39.26, while 39.26 shares rose 0.9% to close at $264.51 on Wednesday.

Check This Out: Investor Optimism Improves Further After Nasdaq Gains For Three Straight sessions

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJoseph TerranovaLiz YoungStephen Weiss
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!