On CNBC’s “Halftime Report Final Trades,” Brenda Vingiello, chief funding officer of Sand Hill Global Advisors, named Palo Alto Networks, Inc. (NASDAQ:PANW) as her final trade.
On the earnings entrance, Palo Alto reported first-quarter income of $2.47 billion on Nov. 19, beating analyst estimates of $2.46 billion. The firm posted adjusted earnings of 93 cents per share for the primary quarter, beating analyst estimates of 89 cents per share, in response to Benzinga Pro.
Kevin Simpson, CEO and founding father of Capital Wealth Planning, picked Micron Technology, Inc. (NASDAQ:MU) forward of earnings.
Micron is predicted to launch earnings outcomes for the primary quarter, after the closing bell on Wednesday, Dec. 17. Analysts count on the corporate to report quarterly earnings at $3.91 per share, up from $1.79 per share within the 12 months-in the past interval. The firm tasks quarterly income of $12.86 billion, in comparison with $8.71 billion a 12 months earlier.
Don’t neglect to take a look at our premarket coverage here
Jim Lebenthal, associate at Cerity Partners, named Adobe Inc. (NASDAQ:ADBE) as his closing commerce.
Lending help to his alternative, Adobe, on Dec. 10, posted upbeat earnings for the fourth quarter. Adobe reported quarterly earnings of $5.50 per share, which beat the analyst estimate of $5.39. Quarterly income got here in at $6.19 billion, which beat the Street estimate of $6.11 billion, up from income of $5.61 billion from the identical interval final 12 months.
Stephen Weiss, chief funding officer and managing associate of Short Hills Capital Partners, picked Vertiv Holdings Co (NYSE:VRT).
On Dec. 9, Goldman Sachs analyst Mark Delaney maintained a Buy score on Vertiv and raised the value goal from $182 to $204.
Price Action:
- Palo Alto shares gained 0.7% to shut at $191.69 on Friday.
- Micron dipped 6.7% to settle at $241.14 through the session.
- Adobe gained 1.7% to shut at $356.43 on Friday.
- Vertiv Holdings fell 9.7% to settle at $161.27 through the session.
Check This Out:
Photo: Shutterstock