Ulta Beauty, Estée Lauder, eBay And A Video Conferencing Innovator On CNBC's 'Final Trades'

Zinger Key Points
  • Josh Brown of Ritholtz Wealth Management sticks with Zoom Video.
  • Jason Snipe says he likes Ulta Beauty.

On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management said he is sticking with Zoom Video Communications, Inc. ZM.

On Feb. 26, Zoom Video reported better-than-expected fourth-quarter financial results, issued FY25 adjusted EPS guidance above estimates, and authorized a $1.5 billion stock repurchase program.

Rob Sechan of NewEdge Wealth named eBay Inc. EBAY as his final trade.

On Feb. 27, eBay reported better-than-expected fourth-quarter financial results. The company’s board also declared a cash dividend of 27 cents per share and authorized an additional stock repurchase program of up to $2 billion.

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Jason Snipe of Odyssey Capital Advisors said he likes Ulta Beauty, Inc. ULTA.

On Nov. 30, Ulta Beauty reported better-than-expected third-quarter sales results and revised FY23 guidance.

Stephanie Link of Hightower said she still likes the product profile of The Estée Lauder Companies Inc. EL.

On Feb. 5, Estee Lauder reported better-than-expected second-quarter financial results and announced a restructuring program, which includes an estimated net reduction of roughly 3 to 5% of its positions as of June 30, 2023.

Price Action:

  • Zoom Video shares gained 8% to close at $68.17 on Tuesday.

  • eBay shares rose 1.2% to close at $44.39 during Tuesday’s session.

  • Ulta Beauty rose 0.9% to close at $561.41 on Tuesday.

  • Estée Lauder shares gained 2.4% to close at $148.51.

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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJason SnipeJosh BrownRob SechanStephanie Link
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