Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management named Pacer US Cash Cows 100 ETF (CBOE: COWZ), which focuses on the companies in the Russell 1,000 with the highest free cash flow yield.
Stephen Weiss of Short Hills Capital Partners named U.S. 2 Year Treasury Note, which is at 5% yield.
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Jason Snipe of Odyssey Capital Advisors said he likes American Express Company (NYSE: AXP).
American Express is expected to report quarterly earnings on April 19. Analysts expect the company to report earnings at $2.95 per share, up from $2.19 per share in the year-ago period. The company’s revenue is projected to increase to $15.79 billion from $13.05 billion.
Joseph M. Terranova of Virtus Investment Partners picked Interactive Brokers Group, Inc. (NASDAQ: IBKR).
On April 16, Interactive Brokers reported better-than-expected first-quarter results and raised its dividend from 10 cents to 25 cents per share. The company posted quarterly earnings of $1.64 per share, beating market estimates of $1.63 per share.
Interactive Brokers’ sales came in at $1.22 billion versus estimates of $1.2 billion.
Price Action:
- Pacer US Cash Cows 100 ETF fell 0.3% on Wednesday.
- American Express shares fell 0.3% to settle at $217.67 on Wednesday.
- Interactive Brokers shares rose 1.7% to close at $109.23 during Wednesday’s session.
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