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Quanta Services, Trane Technologies And A Tech Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” on Thursday, Jim Lebenthal, partner at Cerity Partners, said many fundamental things are going right at Cisco Systems, Inc. (NASDAQ:CSCO), but the company's shares just have great momentum.

As per recent news, Cisco, on Sept. 8, rolled out a suite of Splunk-powered offerings—including new Enterprise Security editions, agentic artificial intelligence observability tools, and the Cisco Data Fabric—to unify security, monitoring, and machine data management under one architecture.

Stephanie Link, chief investment strategist, head of investment solutions and portfolio manager at Hightower Advisors, said Quanta Services, Inc. (NYSE:PWR) reported very good earnings, growing revenue by 17.5%.

Quanta Services reported third-quarter earnings of $3.33 per share on Thursday, beating the analyst consensus estimate of $3.26 per share. The company reported quarterly sales of $7.631 billion, which beat the analyst consensus estimate of $7.389 billion.

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Joe Terranova, senior managing director at Virtus Investment Partners, named Trane Technologies plc (NYSE:TT) following the third-quarter earnings report.

On Thursday, Trane Technologies reported quarterly earnings of $3.88 per share, which beat the analyst consensus estimate of $3.78 per share. The company reported quarterly sales of $5.743 billion, which missed the analyst consensus estimate of $5.787 billion.

Price Action:

  • Cisco shares gained 2.2% to close at $72.91 on Thursday.
  • Quanta Services shares rose 1.2% to close at $453.83 during the session.
  • Trane Technologies shares gained 4.4% to close at $446.37 on Thursday.

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