On CNBC’s “Halftime Report Final Trades,” Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, recommended AbbVie Inc. (NYSE:ABBV).
On the earnings front, AbbVie on Friday reported better-than-expected third-quarter 2026 results and raised its full-year outlook.
AbbVie reported third-quarter sales of $17.404 billion, up 10.3% year over year on a reported basis and 10.5% on an operational basis, beating the Wall Street estimate of $17.314 billion. Adjusted earnings of $3.82 per share topped the analyst consensus estimate of $3.75.
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Jim Lebenthal, partner and chief market strategist at Cerity Partners, picked eBay Inc. (NASDAQ:EBAY).
Supporting his view, eBay reported better-than-expected third-quarter financial results on Wednesday and issued fourth-quarter adjusted EPS guidance with its midpoint above estimates. The company also issued FY26 guidance above estimates.
Bryn Talkington, managing partner of Requisite Capital Management, named Goldman Sachs Nasdaq-100 Premium Income ETF (NASDAQ:GPIQ) as her final trade.
Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, picked FTAI Aviation Ltd. (NASDAQ:FTAI).
FTAI Aviation, on Oct. 29, posted downbeat third-quarter earnings and revenue. The company also announced a $500 million accelerated share repurchase and doubled its buyback authorization.
Price Action
- eBay shares gained 0.4% to close at $121.64 on Friday.
- AbbVie shares rose 1.4% to close at $294.89.
- Goldman Sachs Nasdaq-100 Premium Income ETF fell 3.2% on Friday.
- FTAI Aviation shares dipped 4.5% to settle at $187.27 during the session.
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