Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC's “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management named NVIDIA Corporation (NASDAQ:NVDA) as her final trade.
NVIDIA recently announced a 10-for-1 stock split. The semiconductor giant revealed this decision during its recent quarterly earnings report. The split-adjusted trading commenced on Monday, June 10.
Jim Lebenthal of Cerity Partners picked Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), which is a biopharmaceutical company.
On Friday, Vertex revealed positive long-term data on CASGEVY™ (exagamglogene autotemcel) at the 2024 Annual European Hematology Association (EHA) Congress.
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Kevin Simpson of Capital Wealth Planning named ConocoPhillips (NYSE:COP), saying the acquisition of Marathon Oil Corporation (NYSE:MRO) will be aggregate over time.
On Friday, BofA Securities analyst Kalei Akamine reinstated ConocoPhillips with a Buy rating and announced a price target of $147.
Rob Sechan of NewEdge Wealth said AbbVie Inc. (NYSE:ABBV) has an attractive valuation, wonderful pipeline and a great yield.
On June 6, AbbVie released topline results from the Phase 2 PICCOLO trial evaluating investigational mirvetuximab soravtansine (Elahere) monotherapy in heavily pre-treated patients with folate receptor-alpha (FRα) positive, platinum-sensitive ovarian cancer (PSOC). The study met its primary endpoint with an objective response rate (ORR) of 51.9%.
Price Action:
- Nvidia shares gained 1.8% to close at $131.88 during Friday's session.
- Vertex Pharmaceuticals shares rose 0.4% to close at $480.73 on Friday.
- ConocoPhillips shares fell 1.4% to settle at $109.39 during Friday's session.
- AbbVie gained 1.2% to close at $168.59 on Friday.
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