On CNBC's "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management said he is staying long on Amazon.com, Inc. (NASDAQ:AMZN).
Amazon Web Services made a slew of announcements at its re:Invent 2024 conference, including the general availability of Trainium2, new database capabilities, Bedrock updates and new foundation models. Here's what you need to know. Amazon's biggest conference of the year, AWS re:Invent 2024, kicked off this week with sessions set to run through Friday.
Brian Belski of BMO Capital Markets named AGCO Corporation (NYSE:AGCO), an industrial stock.
On Tuesday, Morgan Stanley analyst Angel Castillo initiated coverage on AGCO with an Equal-Weight rating and announced a price target of $101.
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Jim Lebenthal of Cerity Partners picked On Holding AG (NYSE:ONON).
On Nov. 12, On Holding reported better-than-expected third-quarter sales results and raised its FY24 net sales guidance. On Holding reported quarterly earnings of 17 cents per share which missed the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $734.52 million, which beat the analyst consensus estimate of $704.58 million.
Stephanie Link of Hightower picked Las Vegas Sands Corp. (NYSE:LVS), saying the stock has done nothing in four years, and 2025 sets up really well.
On Oct. 23, Las Vegas Sands reported quarterly earnings of 44 cents per share which missed the analyst consensus estimate of 54 cents per share. The company reported quarterly sales of $2.680 billion, which missed the analyst consensus estimate of $2.781 billion.
Price Action:
- Amazon shares gained 1.3% to close at $213.44 on Tuesday.
- AGCO shares fell by 0.9% to settle at $100.56 during Tuesday's session.
- On Holding shares gained by 1.7% to close at $59.54 during Tuesday's session.
- Las Vegas Sands fell by 2% to settle at $53.90 during the session.
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