Final Trades: Netflix, Quanta Services and Raymond James
Speakers
Summary
The Investment Committee reveals its final trades of the day. Josh is holding Netflix despite pressure, Steph picks Quanta Services after a pullback expecting a beat-and-raise, and Joe selects Raymond James as a lagging asset manager poised to catch up.
- Josh holds NFLX but is nervous; still believes in the name.
- Steph calls PWR down 25% from highs and expects a beat-and-raise driven by electrical margins and a book-to-bill of one.
- Joe picks RJF as an asset manager that has underperformed and may catch up.
- All three picks are LONG recommendations from the regular Final Trades segment.
Ideas
Still holding Netflix despite volatility.
Netflix is still held in the portfolio, though the position is under pressure. The speaker is sticking with it despite recent volatility.
Quanta Services poised for a beat-and-raise.
Quanta Services is down 25% from its highs, presenting a buying opportunity. The speaker expects an earnings beat and raise, led by the electrical business, with improving margins and a book-to-bill ratio of one.
