On CNBC’s “Halftime Report Final Trades,” Joseph Terranova of Virtus Investment Partners recommended buying shares of Seagen Inc. (NASDAQ: SGEN). Benzinga data shows analysts have an Outperform consensus rating on SGEN.
Jenny Harrington of Gilman Hill Asset Management named New York Community Bancorp, Inc. (NYSE: NYCB), saying that after receiving approval from the OCC to merge with Flagstar Bancorp Inc (NYSE: FBC), the merger date has been extended until Dec. 31, as they are waiting for FRB approval. She added, however, that the merger is “finally going smoothly.” There is a 7.3% yield and a “really safe 68 cent dividend,” Harrington mentioned.
Check out other stocks making moves in the premarket.
Stephen Weiss of Short Hills Capital Partners chose XPO Logistics Inc. (NYSE: XPO) as his final trade “into the break-up tomorrow.”
Jason Snipe of Odyssey Capital Advisors said Honeywell International Inc. (NASDAQ: NASDAQ:HON) had released another good print, with building technologies up 19%.
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