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Twilio, Transocean and a Health Care Stock on CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, picked UnitedHealth Group Incorporated (NYSE:UNH) following strong quarterly results.

On Oct. 13, UnitedHealth Group posted upbeat third-quarter results. UnitedHealth reported quarterly earnings of $4.69 per share which beat the analyst consensus estimate of $4.15 per share. The company reported quarterly sales of $112.694 billion which beat the analyst consensus estimate of $111.403 billion.

Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Twilio Inc. (NYSE:TWLO) as his final trade.

Lending support to his choice, BTIG analyst Nick Altmann, on Oct. 16, maintained Twilio with a Buy rating and raised the price target from $285 to $315.

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Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended Transocean Ltd. (NYSE:RIG).

Transocean announced on Monday that it secured two contracts for ultra-deepwater drillships in the U.S. Gulf, adding approximately $550 million in firm contract backlog. The awards cover the company’s Deepwater Proteus and Deepwater Conqueror drillships, with operations expected to begin in 2027.

Price Action:

  • UnitedHealth shares gained 1.4% to close at $406.88 on Monday.
  • Twilio shares gained 5.3% to settle at $257.29 on Monday.
  • Transocean shares climbed 4.8% to close at $5.89 during the session.

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