On CNBC’s “Halftime Report Final Trades,” Josh Brown of Ritholtz Wealth Management chose JPMorgan Chase & Co (NYSE:JPM).
“If you’re about to buy a 10-year Treasury at a 3.5% yield and you have more than three years as a time horizon, you’re getting the same exact dividend from JPM,” Brown said. “The stock is now trading below where it was in December 2019, pre-pandemic.”
Shannon Saccocia of Boston Private named Costco Wholesale Corporation (NASDAQ:COST) as her final trade. She said that Costco Wholesale stock could be held even if the U.S. enters a recession.
Check out other stocks making moves in the premarket.
Sarat Sethi chose Constellation Brands, Inc. (NYSE:STZ), saying it's “a great stock to own when things are slowing down.”
Jon Najarian named United States Steel Corporation (NYSE:X) as his final trade.
