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Goldman Sachs, SL Green Realty And A Major Chipmaker On CNBC's 'Final Trades'
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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

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