Should’ve Told Investors To ‘Pull The Trigger’ On Trade Desk, Can’t Believe ‘How Low’ Gentex Has Fallen

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Should’ve Told Investors To ‘Pull The Trigger’ On Trade Desk, Can’t Believe ‘How Low’ Gentex Has Fallen

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said QXO, Inc. (NYSE:

This is the hidden content, please

• Sign In
• or
• Sign Up

) can go higher. “Because it’s Brad Jacobs [Chairperson of QXO]. He will not let it stay

This is the hidden content, please

• Sign In
• or
• Sign Up

As per recent news, QXO filed for the resale of 67.5 million shares of common stock by the selling stockholders on May 29.

Gentex Corporation (NASDAQ:

This is the hidden content, please

• Sign In
• or
• Sign Up

) is a very good company, Cramer said. “I cannot believe how low it’s gotten,” he added.

Lending support to his choice, the company reported quarterly earnings per share of 42 cents on April 25, in line with the analyst consensus estimate. Revenues of $576.8 million (down 2% year over year) outpaced the street view of $571.97 million.

Don’t Miss:

Cramer said although Energy Transfer LP (NYSE:

This is the hidden content, please

• Sign In
• or
• Sign Up

) is an “absolutely terrific” company, he prefers ONEOK, Inc. (NYSE:

This is the hidden content, please

• Sign In
• or
• Sign Up

) more.

On the earnings front, Energy Transfer reported quarterly earnings of 36 cents per share on May 6, which missed the analyst consensus estimate of 37 cents per share. The company reported quarterly sales of $21.02 billion, which also missed the analyst consensus estimate of $21.54 billion.

When asked about The Trade Desk, Inc. (NASDAQ:

This is the hidden content, please

• Sign In
• or
• Sign Up

), he said, “I should have told people to pull the trigger after that one unfortunate quarter that Jeff Green had.”

Trade Desk, on May 8, reported quarterly earnings of 33 cents per share, which beat the analyst consensus estimate of 25 cents. Quarterly revenue clocked in at $616.02 million, which beat the consensus estimate of $584.27 million and represents a 25.4% increase over revenue of $491.25 million from the same ******* last year.

Read Next:

Image created using photos from Shutterstock.

Send To MSN:  Send to MSN

This article

This is the hidden content, please

• Sign In
• or
• Sign Up

originally appeared on

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up

#Shouldve #Told #Investors #Pull #Trigger #Trade #Desk #Gentex #Fallen

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up

For verified travel tips and real support, visit: https://hopzone.eu/