financetom
Technology
financetom
/
Technology
/
Goldman Sachs, SL Green Realty And A Major Chipmaker On CNBC's 'Final Trades'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Goldman Sachs, SL Green Realty And A Major Chipmaker On CNBC's 'Final Trades'
Apr 23, 2024 6:22 AM

On CNBC's “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners said Taiwan Semiconductor Manufacturing Company Limited ( TSM ) is oversold and cheap.

On April 18, Taiwan Semiconductor Manufacturing ( TSM ) exceeded first-quarter financial expectations. The company's revenue surged 16.5% to $18.87 billion, surpassing the Street consensus estimate of $18.40 billion, while net income increased by 8.9% to $6.97 billion.

Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said SL Green Realty Corp. ( SLG/PI ) , which reported earnings last week, has a 6% yield.

On April 17, SL Green Realty ( SLG/PI ) posted first-quarter sales of $128.203 million, missing market expectations of $152.668 million. The company posted FFO of $3.07 beating estimates of $2.16.

Evercore ISI Group analyst Steve Sakwa maintained SL Green Realty ( SLG/PI ) with an Underperform but raised the price target from $46 to $47 on April 22.

Don't forget to check out our premarket coverage here.

Joseph M. Terranova of Virtus Investment Partners named Goldman Sachs Group, Inc. ( GS ) as his final trade.

On April 15, Goldman Sachs ( GS ) reported better-than-expected first-quarter earnings, posting revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion.

The Wall Street giant reported EPS of $11.58, beating the consensus of $8.60.

Price Action:

Taiwan Semiconductor Manufacturing ( TSM ) shares rose 1.6% to close at $129.75 on Monday.

SL Green Realty ( SLG/PI ) shares gained 2.4% to settle at $50.78 during Monday's session.

Goldman Sachs ( GS ) shares gained 3.3% to close at $417.35 during Monday's session.

Also Read This: Investor Optimism Improves, But Fear & Greed Index Remains In ‘Fear’ Zone

Image: Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Samsung sees Q1 profit beating estimates as looming tariffs spur chip sales
Samsung sees Q1 profit beating estimates as looming tariffs spur chip sales
Apr 7, 2025
SEOUL (Reuters) -Samsung Electronics ( SSNLF ) on Tuesday estimated a 0.2% drop in first-quarter operating profit from a year earlier, beating analysts' estimates by far on solid smartphone sales and better-than-expected sales of memory chips. Sales of conventional memory chips used in consumer electronic devices such as smartphones as well its AI chips likely came in better than expected,...
A Look Into Dolby Laboratories Inc's Price Over Earnings
A Look Into Dolby Laboratories Inc's Price Over Earnings
Apr 7, 2025
In the current session, Dolby Laboratories Inc. ( DLB ) is trading at $70.85, after a 2.26% drop. Over the past month, the stock fell by 14.36%, and in the past year, by 15.99%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. Comparing Dolby Laboratories P/E Against Its Peers The P/E...
Samsung Elec estimates 0.2% drop in Q1 operating profit, beats expectations
Samsung Elec estimates 0.2% drop in Q1 operating profit, beats expectations
Apr 7, 2025
SEOUL, April 8 (Reuters) - Samsung Electronics ( SSNLF ) on Tuesday estimated a 0.2% drop in first-quarter operating profit from a year earlier, beating analysts' estimates on solid smartphone sales and better-than-expected sales of memory chips. The world's largest memory chipmaker estimated an operating profit of 6.6 trillion won for the January-March period, versus a 5.1 trillion won LSEG...
Samsung sees Q1 profit beating estimates as looming tariffs spur chip sales
Samsung sees Q1 profit beating estimates as looming tariffs spur chip sales
Apr 7, 2025
SEOUL, April 8 (Reuters) - Samsung Electronics ( SSNLF ) on Tuesday estimated a 0.2% drop in first-quarter operating profit from a year earlier, beating analysts' estimates by far on solid smartphone sales and better-than-expected sales of memory chips. Sales of conventional memory chips used in consumer electronic devices such as smartphones as well its AI chips likely came in...
Copyright 2023-2025 - www.financetom.com All Rights Reserved