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

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

Joshua Brown of Ritholtz Wealth Management said Oracle Corporation 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. 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 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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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasBryn TalkingtonCNBCExpert IdeasHalftime Report Final TradesJason SnipeJoshua BrownStephanie Link
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