Nike, Uber, Salesforce And A 'Magnificent 7' Tech Giant On CNBC's 'Final Trades'
Portfolio Pulse from Priya Nigam
On CNBC's 'Halftime Report Final Trades', several stock recommendations were made. Josh Brown of Ritholtz Wealth Management recommended Alphabet Inc., citing its plans to penetrate new markets in the Asia-Pacific region with a focus on AI technology. Sarat Sethi recommended Uber Technologies, expecting increased usage as people return to offices. Jim Lebenthal of Cerity Partners recommended Nike, and Karen Firestone of Aureus Asset Management recommended Salesforce, noting a pickup in the software business.
October 11, 2023 | 1:06 pm
News sentiment analysis
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POSITIVE IMPACT
Salesforce is recommended, with a note on the pickup in the software business.
The recommendation is based on the observation of a pickup in the software business, which could potentially boost Salesforce's performance.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Alphabet Inc. is recommended due to its plans to penetrate new markets in the Asia-Pacific region with a focus on AI technology.
The recommendation is based on Alphabet's strategic plans for market expansion and focus on AI technology, which is a high-growth sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nike is recommended, with an Outperform rating reiterated by BMO Capital Markets analyst Simeon Siegel.
The recommendation is based on the Outperform rating given by BMO Capital Markets, indicating a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Uber Technologies is recommended, with expectations of increased usage as people return to offices.
The recommendation is based on the expectation that Uber's usage will increase as more people return to offices, potentially improving the company's cash flow.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100