On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower chose Johnson & Johnson (NYSE: JNJ), saying that it’s “a top-notch pharmaceutical business.” She added, “Medical device is recovering as we reopen, and you have the consumer spin early next year.”
Rob Sechan of New Edge Capital Group said his firm had owned O'Reilly (NASDAQ:ORLY) Automotive Inc (NASDAQ: ORLY) for “a long time.” He added that the company has a strong balance sheet and should benefit from “an aging automotive industry.”
Check out other stocks making moves in the premarket.
Pete Najarian said he had bought shares of Best Buy Co Inc (NYSE: NYSE:BBY). “Whenever somebody lowers their forecast…and the stock is basically unchanged, I think that’s a stock I wanna own,” Najarian stated. “I think it’s very cheap,” he added.
Also See: 'Are You Serious?' Alibaba (NYSE:BABA) Exec Draws Flak Over Highlighting New Tech To Track What Individuals Are Eating, Where They Are Traveling
Josh Brown of Ritholtz Wealth Management named JPMorgan Chase & Co (NYSE: NYSE:JPM) as his final trade. “The stock is 32% off its high and this is now yielding more than 3%,” he added, while recommending to “hold it for a couple of years.”
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read at Benzinga