March 22, 2024 8:37 AM | 1 min read |
Get Benzinga’s Top Stocks For Only $0.99!
Benzinga Insider Report is your secret to a profitable week. While most traders scramble and waste hours on research and analysis—you’ll have expert guidance every week helping you know exactly what’s going on and how to profit. Click here to get full access for only $0.99!
On CNBC’s “Halftime Report Final Trades,” Kevin Simpson of Capital Wealth Planning named Freeport-McMoRan Inc. (NYSE:FCX) as his final trade.
On Feb. 7, Freeport-McMoRan confirmed that Kathleen L. Quirk as its incoming president and CEO. The decision will be effective as of June 11, when the company holds its annual shareholder meeting.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you’ll also get Benzinga’s ultimate morning update AND a free $30 gift card and more!
Bill Baruch of Blue Line Capital picked Uber Technologies, Inc. (NYSE:UBER).
Uber reportedly agreed to pay A$271.8 million ($178 million) for a settlement of a lawsuit by Australian taxi operators and drivers.
Don’t forget to check out our premarket coverage here
Karen Firestone of Aureus Asset Management named Blackstone Inc. (NYSE:BX), saying “realizations are starting to pick up.”
On Jan. 25, Blackstone reported adjusted revenues of $2.54 billion, missing the consensus of $2.57 billion. Distributable earnings (DE) rose 4% Y/Y to $1.39 billion. Fee-related earnings fell by 2% Y/Y to $1.04 billion.
Joshua Brown of Ritholtz Wealth Management picked Samsara Inc. (NYSE:IOT).
On March 7, Samsara reported better-than-expected fourth-quarter financial results and issued FY25 guidance above estimates. The company posted quarterly revenue of $276.3 million, topping market estimates of $258.306 million.
Price Action:
- Freeport-McMoRan shares gained 0.5% to settle at $46.24 on Thursday.
- Uber shares gained 2.1% to close at $80.25 on Thursday.
- Blackstone rose 3.1% to settle at $131.66 during Thursday’s session.
- Samsara shares gained 3.3% to close at $37.18 on Thursday.
Read Next: Insiders Buying Lee Enterprises And 2 Other Stocks
Get Benzinga’s Top Stocks For Only $0.99!
Benzinga Insider Report is your secret to a profitable week. While most traders scramble and waste hours on research and analysis—you’ll have expert guidance every week helping you know exactly what’s going on and how to profit. Click here to get full access for only $0.99!
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.