Dick's Sporting, TransDigm, Steel Dynamics And A Financial Stock: CNBC’s ‘Final Trades’
Dick's Sporting Goods, Inc. DKS | 0.00 | |
Apollo Global Management Inc APO | 0.00 | |
Steel Dynamics, Inc. STLD | 0.00 | |
TransDigm Group Incorporated TDG | 0.00 |
On CNBC’s “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Dick’s Sporting Goods, Inc. (NYSE:DKS) is good.
On the earnings front, Dick’s reported mixed results for the first quarter on May 27. The retailer posted quarterly earnings of $2.90 per share, which missed the analyst consensus estimate of $2.93 per share. The company reported quarterly sales of $5.165 billion, which beat the analyst consensus estimate of $4.974 billion.
Sarat Sethi, DCLA portfolio manager, named TransDigm Group Incorporated (NYSE:TDG) as his final trade.
TransDigm Group, on July 27, announced it will acquire maker of specialty metal components Prince & Izant for $1.066 billion in cash.
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Jim Lebenthal, partner and chief market strategist at Cerity Partners, picked Apollo Global Management, Inc. (NYSE:APO).
Supporting his view, HSBC analyst Vikram Gandhi, on July 20, initiated coverage on Apollo Global Management with a Buy rating and announced a price target of $145.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, recommended Steel Dynamics, Inc. (NASDAQ:STLD).
Steel Dynamics, on July 20, reported better-than-expected second-quarter sales results.
Price Action
- Dick’s Sporting shares gained 2.5% to close at $200.82 on Monday.
- TransDigm shares gained 2.5% to close at $1,285.56 during the session.
- Apollo Global shares gained 3.1% to close at $129.42 on Monday.
- Steel Dynamics shares rose 2.8% to settle at $258.38 during the session.
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