On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners named Oracle Corporation (NYSE:ORCL) as his final trade.
Oracle reported upbeat earnings for its first quarter, while sales fell short of expectations.
Benzinga’s analyst ratings data shows a consensus Buy rating on Oracle.
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Anastasia Amoroso of J.P. Morgan Private Bank picked iShares Expanded Tech-Software Sector ETF (NYSE:IGV).
Stephanie Link of Hightower named The J. M. Smucker Company (NYSE:SJM), adding, “I like the deal.”
The J. M. Smucker Co. announced plans to acquire Hostess Brands (NASDAQ:TWNK) for $34.25 per share implying a total enterprise value of $5.6 billion.
Price Action: Smucker shares fell 7% to settle at $131.66, while Oracle shares rose 0.3% to close at $126.71 on Monday.
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