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Deere, CVS Health, Quanta Services And This ETF On CNBC's 'Final Trades'

Author: Lisa Levin | June 05, 2023 08:33am

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named Deere & Company (NYSE:DE) as his final trade.

Deere & Company recently reported better-than-expected second-quarter financial results. The Moline, Illinois-based company reported second-quarter net sales and revenue growth of 30% year-on-year to $17.39 billion, beating the consensus of $14.83 billion.

Bryn Talkington of Requisite Capital Management cited Pacer US Cash Cows 100 ETF (BATS:COWZ), which has around 56% exposure to energy, industrials and materials, with 12% free cash flow yield.

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Jim Lebenthal of Cerity Partners said CVS Health Corporation (NYSE:CVS) is "way oversold, look for the recovery."

CVS Health reaffirmed its FY23 Outlook, seeing adjusted earnings of $8.50 to $8.70 per share.

Jason Snipe of Odyssey Capital Advisors said he likes Quanta Services, Inc. (NYSE:PWR) here.

Quanta Services recently disclosed a new share repurchase program and declared a quarterly dividend.

Price Action: Quanta Services shares rose 2.3% to settle at $180.08, while CVS Health shares rose 1.6% to close at $69.99 on Friday. Deere shares jumped 5.3% to close at $371.07 during the Friday’s session.

Check This Out: This Analyst With 85% Accuracy Rate Sees Over 52% Upside In Capri Holdings - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Posted In: COWZ CVS DE PWR