CrowdStrike, Deckers, Ares Management And A Big Bank Stock On CNBC's 'Final Trades'
Portfolio Pulse from Avi Kapoor
On CNBC's 'Halftime Report Final Trades,' experts highlighted Deckers Outdoor Corporation, Citigroup, Ares Management, and CrowdStrike Holdings. Deckers announced a stock split, Citigroup partnered with Apollo for a $25 billion lending program, Ares Management is set to report earnings, and CrowdStrike expanded its Marketplace.
October 07, 2024 | 12:51 pm
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POSITIVE IMPACT
Ares Management is set to report its Q3 earnings on Nov. 1, 2024. The company is favored due to positive secular trends.
Upcoming earnings reports can lead to stock price volatility. Positive secular trends suggest potential for strong performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Citigroup has partnered with Apollo Global Management to launch a $25 billion private credit and direct lending program, enhancing access to private lending capital.
The partnership with Apollo is a strategic move to expand Citigroup's lending capabilities, which could lead to increased revenue streams.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
CrowdStrike expanded its Marketplace, enhancing its Private Offer program. Despite being down 26% from highs, this expansion could drive future growth.
The expansion of the Marketplace could attract more partners and customers, potentially increasing revenue and market share.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Deckers Outdoor Corporation announced a six-for-one stock split, which was approved by stockholders. This move is likely to increase liquidity and attract more investors.
Stock splits generally make shares more affordable and can lead to increased trading activity. The approval of the split suggests positive sentiment from stockholders.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80