The CNBC Report: Investment Insights from Shannon Saccocia, Stephen Weiss, Jason Snipe, and Joseph M. Terranova

Avatar photo

Shannon Saccocia of NB Private Wealth shined a spotlight on the iShares S&P GSCI Commodity-Indexed Trust GSG, highlighting China’s growing impact on commodities.

Stephen Weiss from Short Hills Capital Partners put forward Leidos Holdings, Inc. LDOS as his final trade.

On March 7, Leidos announced a substantial $158 million contract win with the U.S. Air Force for command and control emergency management.

Making a bold move in the cybersecurity realm, Jason Snipe of Odyssey Capital Advisors chose CrowdStrike Holdings, Inc. CRWD, betting on the continuous expansion of the cybersecurity sector.

In a strategic maneuver to bolster its cybersecurity capabilities, CrowdStrike has entered a partnership with NVIDIA Corp NVDA. This collaboration will harness Nvidia’s cutting-edge artificial intelligence technology to reinforce CrowdStrike’s cybersecurity solutions.

Joseph M. Terranova of Virtus Investment Partners endorsed PACCAR Inc PCAR, a stalwart in the industrial sector.

On March 15, UBS analyst Steven Fisher upgraded PACCAR from Neutral to Buy, lifting the price target from $104 to $136. Research firm Truist Securities’ Jamie Cook initiated coverage on the stock with a Hold rating and a price target of $117 on March 14.

Price Movements

  • PACCAR shares climbed 1.7% to reach $120.34 on Monday.
  • iShares S&P GSCI Commodity-Indexed Trust saw a 1.3% increase on Monday.
  • Leidos Holdings saw a 1.2% dip, settling at $126.35 during Monday’s session.
  • CrowdStrike shares advanced 1.7% to settle at $321.06 on Monday.

Check This Out: Top 4 Tech Stocks That May Collapse In March

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now