Exciting Stock Picks: ServiceNow, Live Nation & Bristol-Myers

Author: Caleb Price Updated: 08-22-2025 07:58 AM

Key Insights on Recent Stock Picks

In a recent discussion on CNBC’s “Halftime Report,” Malcolm Ethridge, managing partner at Capital Area Planning Group, highlighted some significant stock picks that investors should keep an eye on. Among these is ServiceNow, Inc. (NASDAQ: NOW), which he noted is around 25% off its 52-week high. Ethridge explained that this downturn is likely a result of the company's own remarkable success, which may now present an enticing entry opportunity for potential investors.

ServiceNow's Earnings Report

Turning to the company's performance, ServiceNow revealed impressive second-quarter revenue of approximately $3.22 billion. This figure surpassed analysts' expectations, as the consensus estimate had been at $3.12 billion. Additionally, the adjusted earnings per share reached $4.09, further exceeding analyst predictions of $3.57 per share. These strong results likely underscore the company's resilience in a competitive market.

Spotlight on Bristol-Myers Squibb

Another noteworthy stock highlighted during the segment was Bristol-Myers Squibb Company (NYSE: BMY). Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management, pointed out the company’s attractive 5.5% dividend yield, which it has maintained for an impressive 55 years. While Bristol-Myers may not have consistently raised its dividends over time, Harrington emphasized its stability as a solid investment choice.

Recent Performance of Bristol-Myers

Supporting Harrington's assertion, Bristol-Myers Squibb recently reported robust second-quarter sales that outperformed expectations. Additionally, the company raised its fiscal year 2025 sales guidance, aligning it above previously estimated figures. This performance reinforces the stock’s appeal to investors seeking reliable dividend income coupled with growth potential.

Live Nation Enters the Scene

Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, made a compelling case for Live Nation Entertainment, Inc. (NYSE: LYV) as his final trade pick. His endorsement came on the heels of a favorable report from MoffettNathanson analyst Robert Fishman, who initiated coverage with a Buy rating and set a price target of $195, suggesting a bullish outlook on the company’s future performance.

Price Movements of Key Stocks

During the trading session, the price action reflected interesting movements across these highlighted stocks. ServiceNow shares dipped 1.5%, closing at $876.97. Meanwhile, Bristol-Myers Squibb saw a slight increase of 0.4%, finishing at $48.43. Live Nation Entertainment’s shares also gained 0.4%, closing at $162.47.

Conclusion

The insights shared on CNBC present a captivating snapshot of the current market landscape, particularly for investors considering stocks like ServiceNow, Bristol-Myers Squibb, and Live Nation. These companies offer a mix of growth potential and stability, which can be crucial for creating a balanced investment portfolio.

Frequently Asked Questions

What are the highlighted stocks in the CNBC report?

The report focuses on ServiceNow, Bristol-Myers Squibb, and Live Nation Entertainment.

What was ServiceNow's recent revenue?

ServiceNow reported approximately $3.22 billion in revenue for the second quarter.

How long has Bristol-Myers Squibb paid dividends?

Bristol-Myers Squibb has paid dividends for 55 consecutive years.

What was Live Nation Entertainment's target price set by analysts?

The target price for Live Nation Entertainment was set at $195 by MoffettNathanson.

How did the stocks perform recently?

ServiceNow decreased by 1.5%, Bristol-Myers Squibb increased by 0.4%, and Live Nation gained 0.4% in the latest session.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

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