This Delivery Giant Is A 'Comeback Story' Plus Nike, AbbVie And Oracle: CNBC's 'Final Trades'


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On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management named AbbVie Inc. (NYSE:ABBV) as her final trade.

Joshua Brown of Ritholtz Wealth Management said Oracle Corporation (NYSE:ORCL) is pennies away from a 52-week high. "I think it will break out," he added.

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Stephanie Link of Hightower named NIKE, Inc. (NYSE:NKE) reported a great quarter and issued good guidance. "Inventories are making progress and I think gross margins will benefit as a result," she added.

Jason Snipe of Odyssey Capital Advisors said FedEx Corporation (NYSE:FDX) reported a really strong quarter and issued strong guidance. "I think it’s a comeback story here," he added.

FedEx reported quarterly earnings of $3.41 per share, which easily beat consensus estimates of $2.72 per share. The company also raised its full-year earnings outlook from a range of $13 to $14 per share to a range of $14.60 to $15.20 per share.

Price Action: FedEx shares fell 0.1% to close at $216.92, while NIKE rose 1.2% to $120.97 on Thursday. Oracle shares fell 0.1%, while AbbVie’s stock added 1.1% during the session.

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasBryn TalkingtonCNBCExpert IdeasHalftime Report Final TradesJason SnipeJoshua BrownStephanie Link