On CNBC's “Halftime Report Final Trades,” Jim Lebenthal, partner at Cerity Partners, named Wynn Resorts, Limited (NASDAQ:WYNN) as his final trade.
Supporting his view, Mizuho analyst Ben Chaiken, on Monday, maintained Wynn Resorts with an Outperform rating and raised the price target from $122 to $126, while Jefferies analyst David Katz maintained the stock with a Buy and boosted the price target from $130 to $133.
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Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Netflix, Inc (NASDAQ:NFLX) momentum is going to continue. The stock has come back from the recent lows, he added.
On the earnings front, Netflix, on July 17, reported second-quarter revenue of $11.08 billion, up 16% year-over-year. The revenue total beat a Street consensus estimate of $11.04 billion according to data from Benzinga Pro. The company reported second-quarter earnings per share of $7.19, beating a Street consensus estimate of $7.06.
Joe Terranova, senior managing director at Virtus Investment Partners, picked The Buckle, Inc. (NYSE:BKE).
On Monday, Buckle reported July net sales of $110.8 million, up 12.3%.
SoFi’s Liz Young-Thomas named The Health Care Select Sector SPDR Fund (NYSE:XLV) as her final trade.
Price Action:
- Netflix shares gained 0.6% to settle at $1,218.31 on Monday.
- Wynn Resorts shares rose 2.1% to close at $108.63 during the session.
- Buckle shares surged 3.6% to close at $54.45 on Monday.
- The Health Care Select Sector SPDR Fund rose 0.1% during the session.
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