On CNBC’s ‘Halftime Report Final Trades,’ financial experts shared their final picks for the day. Bryn Talkington of Requisite Capital Management favored Sprott Uranium Miners ETF (URNM), a fund that invests in uranium mining companies. She sees potential in the uranium market, potentially reflecting a bullish outlook on the energy sector.
Stephanie Link of Hightower Advisors expressed her interest in Las Vegas Sands Corp. (LVS), a company that operates casinos and resorts, primarily in Asia. Despite its 2.8% dip on Tuesday, Link sees potential for growth, especially with the reopening of the Chinese economy. This aligns with a recent ‘Overweight’ rating and a price target increase from $53 to $60 by Wells Fargo analyst Daniel Politzer on October 1st.
Joshua Brown of Ritholtz Wealth Management opted for PayPal Holdings, Inc. (PYPL), a leading online payment platform. This selection follows BMO Capital analyst Rufus Hone’s Market Perform rating and price target increase from $72 to $73 on October 3rd.
Jim Lebenthal of Cerity Partners chose CRH plc (CRH), a multinational building materials company. Notably, CRH announced on September 24th that CEO Albert Manifold will retire at the end of 2024. His successor will be Jim Mintern, the current Chief Financial Officer and board director since June 2021. Manifold, who joined CRH in 1998 and became CEO in January 2014, will step down from the board and his executive responsibilities on December 31, 2024.
In terms of market performance, Sprott Uranium Miners ETF saw a 0.7% gain on Tuesday. Las Vegas Sands shares dipped by 2.9%, closing at $51.84. PayPal shares rose 1.1%, ending the day at $81.16. CRH shares gained 0.6%, closing at $89.23.