Alphabet, Ventas, ASML And A Pharmaceutical Giant On CNBC's 'Final Trades'
Jim Lebenthal of Cerity Partners named Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as his final trade on CNBC's “Halftime Report Final Trades.”
Google by Alphabet, last week, declared a $2 billion investment plan to establish its inaugural data center and Google Cloud region in Malaysia.
Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Ventas, Inc. (NYSE:VTR) has a 3.6% dividend yield.
On May 1, Ventas reported better-than-expected first-quarter FFO and sales results. The company also reiterated its guidance.
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Stephen Weiss of Short Hills Capital Partners picked ASML Holding N.V. (NASDAQ:ASML).
On April 17, ASML reported a fiscal first-quarter 2024 net sales of €5.29 billion, down 21.6% year-on-year. In USD, sales of $5.75 billion missed the consensus of $6.13 billion. Net bookings for the first quarter were €3.61 billion, compared to €3.75 billion a year ago, down from fourth-quarter net bookings of €9.19 billion.
Joshua Brown of Ritholtz Wealth Management said Pfizer Inc. (NYSE:PFE) is breaking above its 50-day moving average for the first time in 18 months.
On Friday, Pfizer released longer-term follow-up results from the Phase 3 CROWN trial evaluating Lorbrena (lorlatinib) available in Europe as Lorviqua versus Xalkori (crizotinib) in people with previously untreated, anaplastic lymphoma kinase (ALK)-positive advanced non-small cell lung cancer (NSCLC).
Price Action:
- Ventas shares fell 0.1% to close at $50.00 on Tuesday.
- Alphabet shares rose 0.4% to close at $175.13 during Tuesday's session.
- ASML fell 1.5% to settle at $950.81 during Tuesday's session.
- Pfizer shares rose 0.6% to close at $29.49 on Tuesday.
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