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Wynn Resorts, Microsoft, Palantir And A Health Care Stock On CNBC's 'Final Trades'
Microsoft Corporation MSFT | 478.04 476.85 | -0.23% -0.25% Post |
Palantir PLTR | 138.20 137.41 | -2.27% -0.57% Post |
Vertex Pharmaceuticals Incorporated VRTX | 441.99 440.81 | -1.98% -0.27% Post |
Wynn Resorts, Limited WYNN | 87.28 87.28 | -1.49% 0.00% Post |
On CNBC's “Halftime Report Final Trades,” Brenda Vingiello, Chief Investment Officer of Sand Hill Global Advisors, picked Wynn Resorts, Limited (NASDAQ:WYNN) as her final trade.
Wynn Resorts, on May 6, reported quarterly earnings of $1.07 per share which missed the analyst consensus estimate of $1.19 per share. The company reported quarterly sales of $1.7 billion which missed the analyst consensus estimate of $1.74 billion.
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Stephen Weiss, Chief Investment Officer of Short Hills Capital Partners, named Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), saying it will bounce.
On the earnings front, Vertex reported first-quarter adjusted earnings per share of $4.06 on May 5, down from $4.76 a year ago and missing the consensus of $4.32. The cystic fibrosis-focused company reported sales of $2.77 billion, missing the consensus of $2.85 billion.
Kevin Simpson, Capital Wealth Planning CIO, said Palantir Technologies Inc. (NASDAQ:PLTR) reported impressive earnings, with revenue gaining 39% in the first quarter.
Citigroup analyst Tyler Radke raised the price target on the stock from $110 to $115 on May 8, supporting her view.
Jim Lebenthal of Cerity Partners, named Microsoft Corporation (NASDAQ:MSFT) as his final trade.
On April 30, Microsoft reported stronger-than-expected financial results for the third quarter and also issued strong revenue guidance.
Price Action:
- Vertex Pharmaceuticals shares fell 1.1% to close at $424.99 on Friday.
- Palantir Technologies shares slipped 1.6% to settle at $117.30 during Friday's session.
- Wynn Resorts shares rose 1.6% to close at $87.93 on Friday.
- Microsoft shares climbed 0.1% to settle at $438.73.
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