On CNBC's "Halftime Report Final Trades," Stephen L. Weiss of Short Hills Capital Partners said Netflix, Inc. (NASDAQ:NFLX) is back on its way.
On April 18, the streaming service reported first-quarter revenue of $9.37 billion — up 14.8% year-over-year. The revenue beat a Street consensus estimate of $9.275 billion, according to data from Benzinga Pro.
The Los Gatos, California-based company reported earnings per share of $5.28 for the quarter, which beat a Street consensus estimate of $4.51.
Kevin Simpson of Capital Wealth Planning said The Home Depot, Inc. (NYSE:HD) has a 2.6% dividend yield.
The Home Depot is expected to hold its first-quarter earnings conference call on Tuesday, May 14. Analysts expect the company to report quarterly earnings at $3.6 per share, up from $3.4 per share in the year-ago quarter. Home Depot is projected to post revenue of $36.67 billion for the quarter.
On April 11, Home Depot will continue its relationship with Alphabet Inc (NASDAQ:GOOGL) Google Cloud to help customers in their home improvement projects. The two companies have collaborated closely since 2015 to innovate retail technology, whether in-store, online, or most often, a blend of the two interactions.
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Shannon Saccocia of NB Private Wealth named iShares U.S. Basic Materials ETF (NYSE:IYM) as her final trade.
Price Action:
- Netflix shares rose 2.5% to close at $579.34 on Friday.
- iShares U.S. Basic Materials ETF gained 0.9% during Friday's session.
- Home Depot shares rose 2.2% to settle at $342.85 on Friday.
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