DocuSign, Emcore, Guidewire Software And A Health Care Stock On CNBC's 'Final Trades'

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On CNBC's “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said DocuSign, Inc. DOCU crushed its last quarter and is expected to report another strong quarter. This is a “great entry point,” she added.

On Dec. 5, DocuSign reported third-quarter revenue of $754.8 million, beating the consensus estimate of $745.26 million. The company reported third-quarter adjusted earnings of 90 cents per share, beating analyst estimates of 87 cents per share, according to Benzinga Pro.

In the tech sector, Jason Snipe of Odyssey Capital Advisors said he likes Emcore Corporation EMKR, adding that it will be instrumental in the data center build out.

Emcore, on Jan. 3, posted stronger-than-expected sales for the fourth quarter.

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In the health care sector, Jim Lebenthal of Cerity Partners named UnitedHealth Group Incorporated UNH as his final trade.

As per recent news, UnitedHealth Group, on Jan. 23, confirmed a replacement to lead UnitedHealthcare, after the segment's former chief executive was murdered in New York last month. UnitedHealth Group announced that Tim Noel will be CEO of the UnitedHealthcare business.

Rounding out the trades, Joseph M. Terranova of Virtus Investment Partners picked Guidewire Software, Inc. GWRE.

Supporting his view, Goldman Sachs analyst Adam Hotchkiss, on Jan. 23, initiated coverage on Guidewire Software with a Buy rating and announced a price target of $210.

Price Action:

  • DocuSign shares gained 1.2% to close at $91.60 on Friday.
  • Emcore shares settled at $3.06 during Friday's session.
  • UnitedHealth shares gained 0.5% to close at $532.51 on Friday.
  • Guidewire Software shares gained 0.7% to settle at $205.96.

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