Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Sarat Sethi picked American Express Company (NYSE: AXP) as he expects much more spending from millennials.
American Express CEO Stephen Squeri recently said he is not seeing a slowdown in demand for premium and fee-paying cards.
Bryn Talkington of Requisite Capital Management named ProShares K-1 Free Crude Oil Strategy ETF (CBOE: OILK) as her final trade.
Stephen Weiss of Short Hills Capital Partners picked Humana Inc. (NYSE: HUM).
Cigna Group (NYSE: CI) reportedly ended its attempt to negotiate an acquisition deal with rival Humana after the pair disagreed on price terms.
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Joseph Terranova of Virtus Investment Partners said Eli Lilly and Company (NYSE: LLY) continues to push higher.
Eli Lilly recently announced the detailed results from the SURMOUNT-4 Phase 3 study evaluating the safety and efficacy of Zepbound (tirzepatide) compared to a placebo for obesity with weight-related comorbidities, excluding type 2 diabetes.
Price Action:
- Humana shares gained 1.3% to close at $488.09 on Wednesday.
- American Express gained 2.1% to $174.56.
- Eli Lilly gained 2.2% to $597.50.
- ProShares K-1 Free Crude Oil Strategy ETF added 1.8% during Wednesday’s session.
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