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Stryker, Lockheed Martin, Rockwell Automation And More On CNBC's 'Final Trades'

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Stryker, Lockheed Martin, Rockwell Automation And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Brian Belski, chief investment strategist at BMO Capital Markets, named Rockwell Automation, Inc. (NYSE:ROK) as his final trade.

On the earnings front, Rockwell Automation will report its second quarter fiscal 2025 results on Wednesday, May 7, before the opening bell. Analysts expect the company to report quarterly earnings at $2.12 per share, down from $2.5 per share in the year-ago period. Rockwell Automation projects quarterly revenue of $1.97 billion for the quarter, compared to $2.13 billion a year earlier.

Anastasia Amoroso, chief investment strategist at iCapital, picked Alerian MLP ETF (NYSE:AMLP) as her final trade.

Alerian MLP, on Feb. 11, declared a first-quarter distribution of $0.97.

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Jim Lebenthal of Cerity Partners named Lockheed Martin Corporation (NYSE:LMT).

Supporting his view, Lockheed Martin posted better-than-expected results for the first quarter on April 22. The company reported a  4% year-over-year increase in net sales to $18.0 billion, beating the consensus of $17.8 billion. It clocked a GAAP EPS of $7.28, beating the consensus of $6.32.

Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked Stryker Corporation (NYSE:SYK) as his final trade.

Lending support to his choice, Stryker reported quarterly earnings of $2.84 per share on May 1, beating the analyst consensus estimate of $2.70 per share. The company also reported quarterly sales of $5.87 billion, beating the analyst consensus estimate of $5.70 billion.

Price Action:

  • Rockwell Automation shares climbed 0.1% to close at $253.84 on Monday.
  • Alerian MLP ETF fell 1.9% during Monday's session.
  • Lockheed Martin shares slipped 0.3% to close at $471.56 on Monday.
  • Stryker shares rose 0.8% to settle at $381.36.

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Photo: Shutterstock

 

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Posted-In: Anastasia Amoroso Brian Belski CNBCLong Ideas News Markets Media Trading Ideas

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