EQT, Baidu And More: CNBC's 'Final Trades'
Portfolio Pulse from Lisa Levin
On CNBC's 'Halftime Report Final Trades', Anastasia Amoroso of JPMorgan Private Bank recommended Invesco Global Listed Private Equity ETF (PSP), Joseph Terranova of Virtus Investment Partners picked EQT Corporation (EQT), and Stephen Weiss of Short Hills Capital Partners named Baidu, Inc. (BIDU) as his final trade. EQT posted better-than-expected earnings for Q2, while sales missed expectations. Baidu was recently downgraded from Positive to Mixed by OTR Global.
August 01, 2023 | 1:47 pm
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POSITIVE IMPACT
Invesco Global Listed Private Equity ETF (PSP) was recommended by Anastasia Amoroso of JPMorgan Private Bank on CNBC's 'Final Trades'.
The recommendation of PSP by a JPMorgan analyst on a popular financial show could lead to increased interest and potentially positive short-term price movement.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
EQT Corporation (EQT) was picked by Joseph Terranova of Virtus Investment Partners on CNBC's 'Final Trades'. EQT posted better-than-expected earnings for Q2, but sales missed expectations.
EQT's mixed Q2 results, with better-than-expected earnings but missed sales, could lead to uncertain short-term price movement. The recommendation by a Virtus analyst could provide some positive sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Baidu, Inc. (BIDU) was named as a final trade by Stephen Weiss of Short Hills Capital Partners on CNBC's 'Final Trades'. Baidu was recently downgraded from Positive to Mixed by OTR Global.
Despite being named as a final trade on CNBC, Baidu's recent downgrade from OTR Global could lead to negative short-term price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90