ONEOK, Leidos And A Major Cybersecurity Company On CNBC's 'Final Trades'

Zinger Key Points
  • Joseph M. Terranova names CrowdStrike as his final trade.
  • Jenny Van Leeuwen Harrington says ONEOK has a 5% yield.

On CNBC's “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said ONEOK, Inc. OKE is trading at 16 times earnings and has a 5% yield.

On April 30, ONEOK posted weaker-than-expected results for its first quarter. The company posted GAAP EPS of $1.09 missing market estimates of $1.14. Sales came in at $4.781 billion versus expectations of $6.151 billion, according to data from Benzinga Pro.

Stephen Weiss of Short Hills Capital Partners said Leidos Holdings, Inc. LDOS reported a phenomenal quarter.

On April 30, Leidos Holdings reported better-than-expected first-quarter results and updated FY24 guidance. The company posted adjusted EPS of $2.29, beating market expectations of $1.70.

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Joseph M. Terranova of Virtus Investment Partners said he owns CrowdStrike Holdings, Inc. CRWD.

CrowdStrike will release financial results for its fiscal first quarter 2025 after the closing bell on Tuesday, June 4. Analysts expect the company to report quarterly earnings at 90 cents per share, up from 57 cents per share in the year-ago period. The company is projected to post revenue of $904.66 million for the recent quarter.

Price Action:

  • ONEOK shares fell 2.8% to close at $76.92 on Wednesday.
  • Leidos shares gained 1.4% to settle at $142.19 during Wednesday's session.
  • CrowdStrike shares rose 1% to settle at $295.44 on Wednesday.

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Posted In: NewsMarketsMediaTrading IdeasCNBCJenny Van Leeuwen HarringtonJoseph M. TerranovaStephen Weiss
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