ProShares S&P 500 Dividend Aristocrats ETF (NOBL) was named as Liz Young’s final trade on CNBC’s Halftime Report Final Trades. Meanwhile, Jenny Harrington of Gilman Hill Asset Management, LLC highlighted Columbia Banking System, Inc. (COLB) for its attractive 7.8% yield. However, Columbia Banking System recently reported weaker-than-expected fourth-quarter financial results, with adjusted earnings of 44 cents per share, falling short of market estimates of 79 cents per share. Quarterly sales also came in below expectations at $519.16 million, compared to the anticipated $526.68 million.
On the other hand, Bill Baruch of Blue Line Capital chose Tesla, Inc. (TSLA) as his final trade. This comes after the Austin-based carmaker made price cuts on its costliest Model Y version in Canada, following previous reductions on lower-priced versions. The Model Y Performance is now priced at C$69,990 ($51,911.23), a 5.8% decrease from its earlier starting price of C$74,290 ($55,100).
Josh Brown of Ritholtz Wealth Management selected Uber Technologies, Inc. (UBER) as his final trade. The ride-hailing giant recently reported better-than-expected sales for its fourth quarter, with FY23 revenue growth of 15% year-on-year, reaching $9.94 billion. This surpassed the consensus estimate of $9.76 billion. Uber’s GAAP EPS of 29 cents also exceeded expectations of 17 cents.
In terms of price action, Columbia Banking shares rose 2.2% to close at $18.78, while ProShares S&P 500 Dividend Aristocrats ETF experienced a slight decline of 0.2%. Tesla shares, on the other hand, saw a 1.1% increase, settling at $189.56. Uber shares also gained 1.4%, closing at $71.61.
It is worth noting that investors should keep a close eye on these stocks and monitor any further developments in the respective companies. For more financial news and trading ideas, readers can check out the provided link.
