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SLB, CVS Health, Micron Technology And This Oil ETF Trying To Bottom: CNBC's 'Final Trades'

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SLB, CVS Health, Micron Technology And This Oil ETF Trying To Bottom: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Stephanie Link of Hightower said Schlumberger Limited (NYSE: SLB) is the No.1 company in the industry. The stock is down 17% from its high and trades at 16 times earnings. "I like the margin story and pricing power," she added.

Susquehanna analyst Charles Minervino recently reiterated SLB with a Positive and maintained a $68 price target.

Analysts have a consensus Buy rating on SLB, according to Benzinga's analyst ratings data.

Bill Baruch of Blue Line Capital named Micron Technology, Inc. (NASDAQ: MU) as his final trade.

Micron shares are trading lower following a report suggesting China's cyberspace regulator will implement a cybersecurity review on Micron's products in China.

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Josh Brown of Ritholtz Wealth Management said oil stocks are trying to bottom here and iShares U.S. Oil & Gas Exploration & Production ETF (BATS: IEO) is the way to invest in this space.

Jim Lebenthal of Cerity Partners said CVS Health Corporation (NYSE: CVS) is bottoming.

B of A Securities analyst Michael Cherny maintained CVS Health with a Buy and lowered the price target from $111 to $104.

Price Action: CVS Health shares were down 0.2% to close at $74.55, while Micron was lower by 3% at $61.20 and Schlumberger shares were up 0.53% to $49.00 at the time of publication on Friday.

Check This Out: Top 5 Health Care Stocks That May Collapse

 

Related Articles (IEO + CVS)

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Posted-In: Bill Baruch CNBC Halftime Report Final Trades Jim LebenthalNews Markets Media Trading Ideas Best of Benzinga

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