On CNBC’s “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors said Palo Alto Networks Inc. PANW is reporting earnings this Thursday after the bell. “I think we will continue to see revenue expansion,” he added.
Amy Raskin of Chevy Chase Trust said that Cognex Corporation’s CGNX stock “has been cut in half on inventory issues.” In the long term, the company needs to substitute capital for labor, she mentioned.
Check out other stocks making moves in the premarket.
Joseph Terranova of Virtus Investment Partners said that price movements in Nucor Corporation NUE exhibited a “double bottom formation” and cheap valuation. “Materials are leading the S&P higher,” he added.
Stephen Weiss of Short Hills Capital Partners said Moderna Inc. MRNA gave good news today regarding the heightened efficacy of its bivalent vaccine. Cancer news, too, is expected to come out by the end of the year, he added.
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