Netflix, AbbVie, Cerebras Systems And An Energy Stock On CNBC’s ‘Final Trades’
On CNBC’s “ Halftime Report Final Trades,” Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, said he likes AbbVie Inc. (NYSE: ABBV ). Supporting his choice, Canaccord Genuity analyst Gary Nachman maintained AbbVie with a Buy rating on Wednesday and raised the price target from $273 to $282. Jim Lebenthal, partner and chief market strategist at Cerity Partners, picked Transocean Ltd. (NYSE: RIG ) ahead of quarterly earnings. Transocean will report second quarter earnings and issue a fleet status report on Wednesday, Aug. 5, after the closing bell. Analysts expect the company to report quarterly earnings at 1 cent per share on revenue of $962.88 million. Don’t forget to check out our premarket coverage here Malcolm Ethridge, managing partner at Capital Area Planning Group, named Cerebras Systems Inc. (NASDAQ: CBRS ) as his final trade. As per the...
On CNBC’s “ Halftime Report Final Trades,” Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, said he likes AbbVie Inc. (NYSE: ABBV ). Supporting his choice, Canaccord Genuity analyst Gary Nachman maintained AbbVie with a Buy rating on Wednesday and raised the price target from $273 to $282. Jim Lebenthal, partner and chief market strategist at Cerity Partners, picked Transocean Ltd.
(NYSE: RIG ) ahead of quarterly earnings. Transocean will report second quarter earnings and issue a fleet status report on Wednesday, Aug. 5, after the closing bell. 88 million.
Don’t forget to check out our premarket coverage here Malcolm Ethridge, managing partner at Capital Area Planning Group, named Cerebras Systems Inc. (NASDAQ: CBRS ) as his final trade. As per the recent news, CrowdStrike Holdings Inc. (NASDAQ: CRWD ) and Cerebras Systems, on Wednesday, announced a strategic partnership to strengthen artificial intelligence-powered cybersecurity.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Netflix, Inc. (NASDAQ: NFLX ). On the earnings front, Netflix, on July 16, reported mixed second-quarter financial results and issued weak guidance for the third quarter. 56 billion, up 13% year-over-year.
59 billion, according to data Pro. Second-quarter earnings of 80 cents per share beat a Street consensus estimate of 79 cents per share. 92 on Thursday. 32 during the session.
00 on Thursday. 89 during the session. Read Also: Stock Market Today: S&P 500, Dow Jones Futures Gain as Oil Prices Decline—Intel, Edwards Lifesciences, SAP in Focus Photo via Shutterstock