On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, picked Snowflake Inc. (NYSE:SNOW).
Snowflake announced Wednesday that LSEG expanded its collaboration with the company under a new five-year, enterprise-wide agreement.
Bill Baruch, founder and CIO of both Blue Line Capital, an investment advisor, and Blue Creek Capital Management, named Micron Technology, Inc. (NASDAQ:MU) following the release of quarterly earnings.
Micron, on Wednesday, reported upbeat financial results for the fourth quarter of fiscal 2026. Micron posted fourth-quarter revenue of $54.23 billion, beating analyst estimates of $50.75 billion, according to Benzinga Pro. The semiconductor company reported adjusted earnings of $33.42 per share, beating estimates of $31.45 per share.
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Sarat Sethi, DCLA managing partner, recommended Morgan Stanley (NYSE:MS).
Morgan Stanley will release its third-quarter earnings report before the opening bell on Wednesday, Oct. 14. Analysts expect the company to report quarterly earnings of $3.10 per share, up from $2.80 per share in the year-ago period. The consensus estimate for Morgan Stanley’s quarterly revenue is $20.52 billion. It reported $18.22 billion last year.
Malcolm Ethridge, managing partner at Capital Area Planning Group, named Chubb Limited (NYSE:CB) as his final trade.
Chubb will hold its third-quarter earnings conference call on Wednesday, Oct. 21. Analysts expect the company to post quarterly earnings at $6.43 per share on revenue of $13.47 billion.
Price Action:
- Snowflake shares gained 0.7% to close at $341.99 on Thursday.
- Micron jumped 3% to settle at $1,097.39 on Thursday.
- Morgan Stanley shares slipped 0.1% to close at $188.01 during the session.
- Chubb shares gained 1.9% to settle at $331.30 on Thursday.
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