UnitedHealth, Humana, ChampionX And This Stock Up 42% YTD: CNBC's 'Final Trades'

Zinger Key Points
  • FleetCor, ChampionX and Humana each reported better-than-expected earnings.
  • UnitedHealth's Optum medical provider businesses grew by "double-digit" percentages

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named UnitedHealth Group Incorporated UNH and Humana Inc. HUM as his final trades.

Despite rising costs, Minnetonka, Minnesota-based UnitedHealth reported nearly $5.5 billion. That's up 8% Y/Y in second-quarter (Q2) profits as its health insurance plans and Optum medical provider businesses grew by "double-digit" percentages.

And Humana reported better-than-expected Q2 earnings.

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Amy Raskin of Chevy Chase Trust named ChampionX Corporation CHX, which is a mid-cap oil services company. "We like it for a long term," she added.

ChampionX reported better-than-expected Q2 earnings, while sales missed estimates.

Joseph Terranova of Virtus Investment Partners said Fleetcor Technologies, Inc. FLT is a company with a double-digit revenue growth in the financial sector.

FleetCor Technologies reported better-than-expected Q2 financial results and issued FY23 revenue guidance above estimates.

Price Action: Fleetcor Technologies shares gained 6.3% to settle at $260.04, while ChampionX shares rose 1.4% to close at $36.39 on Wednesday. UnitedHealth shares declined 0.7% to $502.11, while Humana rose 0.1% to $493.38 on Wednesday.

Check This Out: Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks With Over 5% Dividend Yields

Image: Pixabay

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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasAmy RaskinCNBCHalftime Report Final TradesJoseph TerranovaStephen Weiss
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