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