On CNBC's “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management named Freeport-McMoRan Inc. (NYSE:FCX) as her final trade.
On July 23, Freeport-McMoRan said second-quarter revenue came in at $6.62 billion, beating the consensus of $5.99 billion. Adjusted EPS was 46 cents, beating the consensus of 38 cents. The company also announced a $7.5 billion expansion of its El Abra copper mine in northern Chile. Freshly-appointed CEO Kathleen Quirk made this announcement during an earnings call.
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Joshua Brown of Ritholtz Wealth Management picked Pfizer Inc. (NYSE:PFE).
Pfizer announced Thursday that the European Commission approved a conditional marketing authorization for DURVEQTIX, a gene therapy for severe and moderately severe hemophilia B in adults whom meet certain criteria.
Brenda Vingiello of Sand Hill Global Advisors named Danaher Corporation (NYSE:DHR).
On July 23, Danaher reported better-than-expected second-quarter earnings. The company's second-quarter sales decreased 3% year-over-year to $5.743 billion, beating the consensus of $5.59 billion.
Bill Baruch of Blue Line Capital picked United Rentals, Inc. (NYSE:URI) as his final trade.
On July 24, United Rentals posted better-than-expected earnings for its second quarter. The company also updated its 2024 revenue outlook from $14.95 billion-$15.45 billion to $15.05 billion-$15.35 billion.
Price Action:
- Freeport-McMoRan shares gained 0.8% to close at $44.53 on Thursday.
- Pfizer gained 0.7% to settle at $30.18 during Thursday's session.
- Danaher shares gained 1.6% to settle at $270.09 on Thursday.
- United Rentals shares climbed 5.4% to close at $754.26 on Thursday.
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