On CNBC’s ‘Halftime Report Final Trades’, a segment focused on market analysis and investment recommendations, several analysts shared their picks for the day.
Bill Baruch of Blue Line Capital recommended Dell Technologies Inc. (DELL). Dell had recently reported strong second-quarter earnings, exceeding analyst expectations in both revenue and earnings per share. The company’s performance was seen as a positive indicator.
Karen Firestone of Aureus Asset Management favored CoStar Group, Inc. (CSGP). CoStar also reported strong quarterly earnings, beating estimates in both sales and earnings per share. This growth trajectory made it an attractive investment option.
Stephanie Link of Hightower selected Johnson & Johnson (JNJ). Although Johnson & Johnson faced legal challenges related to its talc baby powder, the company’s decision to significantly increase its settlement offer was viewed as a positive step.
Joshua Brown of Ritholtz Wealth Management chose PayPal Holdings, Inc. (PYPL). He was particularly impressed by PayPal’s recent price action and strategic shift under its new CEO, Alex Chriss. The company’s integration with Apple Pay and its focus on expanding its presence in physical stores were seen as promising developments.
Overall, the ‘Halftime Report Final Trades’ highlighted a diverse range of investment opportunities across different sectors, from technology and real estate to healthcare and financial services. These analysts’ picks offer insights into the current market landscape and potential areas of interest for investors.
