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Amazon, Cisco, Palo Alto Networks And More: CNBC's 'Final Trades'

Published 13/10/2023, 13:32
© Reuters Amazon, Cisco, Palo Alto Networks And More: CNBC's 'Final Trades'
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Benzinga - by Lisa Levin, Benzinga Editor.

On CNBC’s "Halftime Report Final Trades," Stephanie Link of Hightower named Amazon.com, Inc. (NASDAQ: AMZN), saying that Prime Day is going really well and AWS is stabilizing.

Amazon Prime members saved over $1 billion across millions of deals during Prime Big Deal Days on Oct. 10 and 11. For the second year, Amazon started the holiday shopping season with a two-day exclusive shopping event for Prime members.

Jim Lebenthal of Cerity Partners said Cisco Systems, Inc. (NASDAQ: CSCO) has got great growth. He also likes the Splunk acquisition a lot.

Cisco recently announced it will acquire Splunk Inc. for roughly $28 billion.

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Jason Snipe of Odyssey Capital Advisors named Palo Alto Networks, Inc. (NASDAQ: PANW) as his final trade.

Kyndryl announced an alliance with Palo Alto Networks to provide network and cybersecurity services.

Shannon Saccocia of Boston Private picked Vanguard Real Estate Index Fund (NYSE: VNQ).

Price Action: Palo Alto Networks rose 0.5% to close at $260.62, while Cisco rose 0.4% to settle at $53.85 on Thursday. Amazon shares gained 0.4% to close at $132.33 during Thursday’s session.

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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