Transocean, Elanco Animal And This Major Tech Stock: CNBC's 'Final Trades'

Zinger Key Points
  • Alphabet will hold its annual Pixel hardware event on Oct. 4 in New York City.
  • Elanco Animal Health reported strong quarterly earnings and raised its 2023 financial guidance.

On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named Alphabet Inc. GOOGL as his final trade.

Alphabet’s Google announced its annual Pixel hardware event will be held on Oct. 4 in New York City. The company is expected to launch the Pixel 8 and Pixel 8 Pro smartphones along with the Pixel Watch 2.

Jim Lebenthal of Cerity Partners named Transocean Ltd. RIG. "Forget the downturn over the last month, it’s absolutely meaningless," he added.

Transocean said that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding Notification of Award for work offshore India.

Stephanie Link of Hightower said Elanco Animal Health Incorporated ELAN trades at 14 times earnings.

Elanco Animal Health reported strong quarterly earnings and raised its 2023 financial guidance.

Don’t forget to check out our premarket coverage here

Price Action: Elanco Animal shares fell 1.7% to settle at $12.40, while Transocean shares rose 2.9% to close at $8.17 on Wednesday. Alphabet shares gained 1% to close at $135.88 on Wednesday.

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Image: Pixabay

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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJoshua BrownStephanie Link. Jim Lebenthal
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