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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