On CNBC’s popular ‘Halftime Report Final Trades’ segment, investment experts shared their final picks for the day. Stephen Weiss of Short Hills Capital Partners chose Leidos Holdings, Inc. (LDOS) as his final trade. Leidos recently announced the appointment of Tina Jonas to its board of directors, effective September 25th. This appointment is seen as a strategic move, bringing Jonas’s extensive experience in defense and aerospace to the company. Leidos CEO Tom Bell highlighted the value Jonas’s insights will bring to the company’s mission of supporting critical customer missions and national defense.
Meanwhile, Jenny Harrington of Gilman Hill Asset Management favored The Western Union Company (WU) for its impressive 8% dividend yield. While Western Union reported worse-than-expected adjusted earnings per share for the second quarter, ending July 30th, its sales performance exceeded analysts’ expectations.
Joseph M. Terranova of Virtus Investment Partners selected Walmart Inc. (WMT) as his final pick. Recently, Melius Research analyst Karen Short initiated coverage on Walmart with a ‘Buy’ rating and a price target of $95. This positive outlook comes as Walmart continues to enhance its payment options through Walmart Pay, allowing customers to pay directly from their checking accounts, providing instant transaction updates.
These stock picks reflect the insights of experienced investors on CNBC’s ‘Halftime Report,’ offering a glimpse into their market perspectives and potential investment opportunities.