On CNBC's “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors said he likes Oracle Corporation ORCL here.
On June 20, Oracle announced plans to invest more than $1 billion in AI and cloud computing in Spain. On June 11, the company reported fourth-quarter revenue of $14.3 billion, missing the consensus estimate of $14.554 billion, according to Benzinga Pro. Oracle reported fourth-quarter adjusted earnings of $1.63 per share, missing average analyst estimates of $1.65 per share.
Shannon Saccocia of NB Private Wealth named The Health Care Select Sector SPDR Fund XLV as her final trade.
Don't forget to check out our premarket coverage here
Bill Baruch of Blue Line Capital named Cheniere Energy, Inc. LNG, saying, “Look for the stock to perform.”
On June 17, Cheniere Energy said its board approved a $4 billion increase to its repurchase program and plans to increase the third-quarter dividend by 15% to $2 per share.
Stephen Weiss of Short Hills Capital Partners named Leidos Holdings, Inc. LDOS as his final trade.
On June 13, Leidos received a $738 million follow-on contract for US Air Force. The company reported better-than-expected first-quarter results and updated FY24 guidance on April 30.
Price Action:
- Oracle shares fell 1% to close at $141.50 during Friday's session.
- The Health Care Select Sector SPDR Fund rose 0.3% during Friday's session.
- Cheniere Energy gained 0.6% to close at $164.92 during Friday's session.
- Leidos Holdings gained 0.4% to close at $146.57 on Friday.
Check This Out: $2M Bet On Exxon Mobil? Check Out These 3 Stocks Insiders Are Buying
Image:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
