During the latest episode of CNBC’s ‘Halftime Report,’ several stocks caught the attention of financial experts. Joshua Brown of Ritholtz Wealth Management declared Sherwin-Williams Company (SHW) as his final trade, citing its recent all-time high and potential for further growth. The company’s strong second-quarter earnings, exceeding Wall Street estimates, and its raised 2024 earnings guidance further solidify its positive outlook.
Bryn Talkington of Requisite Capital Management highlighted Pacer US Cash Cows 100 ETF (COWZ) as a top contender for its high free cash flow yield within the Russell 1000 index. Kevin Simpson of Capital Wealth Planning expressed his enthusiasm for Visa Inc. (V), noting its recent pullback and now attractive valuation compared to its historical multiples. Visa’s recent earnings report, though meeting analyst expectations, revealed a slight miss on sales estimates.
Jenny Van Leeuwen Harrington of Gilman Hill Asset Management favored NNN REIT, Inc. (NNN), emphasizing its 5% yield. Raymond James analyst RJ Milligan reaffirmed his ‘Outperform’ rating for NNN REIT and raised its price target.
On Friday, Pacer US Cash Cows 100 ETF gained 2.2%, Sherwin-Williams shares rose 0.2%, Visa fell 0.2%, and NNN REIT shares climbed 1.1%. These stock movements reflected the market’s reaction to the insights shared on CNBC’s ‘Halftime Report.’
