On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner at Requisite Capital Management, said Apollo Global Management, Inc. ( APO ) reported strong fee-related earnings. “I think the stock can be in the 150s,” she added.
On May 2, Apollo Global Management ( APO ) posted stronger-than-expected revenue for the first quarter.
Jason Snipe, Chief Investment Officer of Odyssey Capital Advisors, said he likes The Goldman Sachs Group, Inc ( GS ). , which has gained 20% in the last month.
On the earnings front, Goldman Sachs Group ( GS ) posted better-than-expected earnings for its first quarter on April 14. Goldman Sachs ( GS ) reported quarterly earnings of $14.12 per share, which beat the analyst consensus estimate of $12.35 per share. The company reported quarterly sales of $15.06 billion, which beat the analyst consensus estimate of $14.81 billion.
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Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Taiwan Semiconductor Manufacturing Company Limited reported a “phenomenal” quarter, and the stock is still going higher.
On April 17, Taiwan Semiconductor reported better-than-expected first-quarter financial results and issued a strong second-quarter revenue outlook.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Zoom Communications Inc. ( ZM ) his final trade.
Zoom Communications ( ZM ) announced it will release its financial results for the first quarter on Wednesday, May 21, after the closing bell.
Price Action:
Apollo Global shares fell 0.6% to close at $144.24 on Wednesday.
Goldman Sachs ( GS ) shares rose 1.3% to settle at $611.60 during Wednesday's session.
Taiwan Semiconductor Manufacturing ( TSM ) shares gained 0.4% to close at $194.76 on Wednesday.
Zoom Communications ( ZM ) shares rose 0.1% to $83.27 during the session.
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