share_log

Datadog, Compass Diversified, Transocean And This Consumer Health Company: CNBC's 'Final Trades'

Benzinga ·  May 11, 2023 20:28

On CNBC's "Halftime Report Final Trades," Joseph Terranova of Virtus Investment Partners said "take a small position" in Datadog, Inc. (NASDAQ:DDOG). The stock has a very strong positive momentum after the release of its earnings report, he said.

Datadog reported better-than-expected Q1 adjusted EPS and sales results and raised FY23 adjusted EPS and revenue guidance. The company, on Wednesday, announced a new integration that monitors OpenAI API usage patterns.

Jenny Harrington of Gilman Hill Asset Management said Compass Diversified (NYSE:CODI) has a 5.3% yield.

Compass Diversified posted better-than-expected sales results for its first quarter.

Don't forget to check out our premarket coverage here.

Sarat Sethi named Haleon plc (NYSE:HLN) as his final trade.

Haleon reported a Q1 profit below market expectations, due to higher costs.

Jim Lebenthal of Cerity Partners said Transocean Ltd. (NYSE:RIG) is a good name.

Transocean disclosed a $137-million contract award for harsh environment semisubmersible.

Price Action: Transocean shares rose 0.2% to settle at $5.95 on Wednesday, while Haleon shares rose 1.3% to $8.77. Compass Diversified rose 1.3% to $19.01, while Datadog jumped 8.1% to settle at $86.00 on Wednesday.
Check This Out: Top 5 Financial Stocks That Are Preparing To Pump This Month

Photo via Shutterstock.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment