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Oracle, Vertiv And A Health Care Stock On CNBC's 'Final Trades'

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Oracle, Vertiv And A Health Care Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors said Oracle Corporation (NYSE:ORCL) is going to report a strong quarter and recommended staying long on the stock.

Oracle is scheduled to release quarterly earnings after the closing bell today. Analysts expect the company to post quarterly earnings at $1.48 per share on revenue of $14.11 billion.

Stephen Weiss of Short Hills Capital Partners named Vertiv Holdings Co (NYSE:VRT) as his final trade.

On Oct. 23, Vertiv reported third-quarter results. Net sales rose 19% year-over-year to $2.074 billion, beating the consensus of $1.977 billion. Organic orders (excluding foreign exchange) rose 17%. Adjusted operating profit surged 41% to $417 million, with the margin expanding 310 basis points to 20.1%, driven by higher volumes and favorable commercial execution.

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Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said GSK plc (NASDAQ:GSK) has a 4.5% dividend yield.

On Nov. 19, GSK released the headline results of the GLISTEN global phase 3 trial evaluating linerixibat in adults with cholestatic pruritus (relentless itch) associated with primary biliary cholangitis (PBC), a rare autoimmune liver disease. GLISTEN met its primary endpoint, with linerixibat improving itch, as demonstrated by a statistically significant reduction from baseline in monthly itch score over 24 weeks versus placebo.

Price Action:

  • Oracle shares gained by 2.9% to close at $191.69 on Friday.
  • Vertiv shares fell by 0.5% to settle at $133.85 during Friday's session.
  • GSK shares gained by 0.1% to close at $34.57 on Friday.

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Posted-In: CNBC Halftime Report Final Trades Jason SnipeNews Pre-Market Outlook Markets Media Trading Ideas

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