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GTA Owner Take-Two, ExxonMobil, Clorox And A Financial Stock On CNBC’s ‘Final Trades’

Avi Kapoor 1 hour ago

MarketsMediaTrading IdeasLong IdeasNews

CNBC final trades: Belski picked Take-Two, Simpson Amazon, Lebenthal ExxonMobil and Harrington Clorox, citing upcoming or strong earnings.

On CNBC’s “Halftime Report Final Trades,” Brian Belski, founder, CEO and chief investment officer at Humilis Investment Strategies, picked Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

Take-Two Interactive is the parent company of Rockstar Games, the studio behind the Grand Theft Auto (GTA) franchise. The company will release its second-quarter earnings report after the closing bell on Monday, Nov. 9.

Analysts expect Take Two to report a quarterly loss of 86 cents per share, versus a loss of 73 cents per share in the year-ago period. The consensus estimate for TTWO’s quarterly revenue is $1.66 billion. It reported $1.96 billion last year, according to Benzinga Pro.

The long-awaited GTA 6 game is available to download on the Xbox Series X|S in the U.S. at 7 p.m. ET on Monday, Nov. 9.

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Kevin Simpson, founder and CEO of Capital Wealth Planning, named Amazon.com, Inc. (NASDAQ:AMZN) as his final trade.

On the earnings front, Amazon reported worse-than-expected third-quarter results on Oct. 29. Amazon posted third-quarter revenue of $201.94 billion, missing the consensus estimate of $202.31 billion, according to Benzinga Pro. The company reported earnings of $1.89 per share for the quarter, missing estimates of $1.97 per share.

Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended ExxonMobil Holdings Corporation (NYSE:XOM).

Supporting his choice, ExxonMobil reported better-than-expected third-quarter earnings and revenue on Oct. 30.

Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said The Clorox Company (NYSE:CLX) reported great earnings.

Clorox reported better-than-expected first-quarter financial results on Nov. 2. Clorox reported first-quarter adjusted EPS of $1.55, up 82% from a year earlier and above the $1.07 analyst estimate. Total revenue rose 33% to $1.91 billion, topping the $1.88 billion estimate.

Price Action

  • Take-Two shares gained 0.7% to close at $214.87 on Friday.
  • Morgan Stanley shares dipped 5.9% to close at $182.44.
  • ExxonMobil shares gained 0.3% to settle at $165.87 on Friday.
  • Clorox shares rose 0.3% to settle at $99.96 during the session.

Photo via Shutterstock

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