AO Smith, Union Pacific, Tradeweb Markets And This Major Bank On CNBC's 'Final Trades'

AO Smith, Union Pacific, Tradeweb Markets And This Major Bank On CNBC's 'Final Trades'

On CNBC’s “Halftime Report Final Trades,” Josh Brown of Ritholtz Wealth Management said A O Smith Corp AOS, which makes boilers, water heaters, and filters, is a “very defensive stock.” The stock has lost 29% year to date. The company is paying a 2% yield and has raised the yield for the 28th straight year, Brown mentioned. AO Smith is a “very undervalued name in my opinion,” he added.

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Shannon Saccocia of Boston Private said that Tradeweb Markets Inc TW is poised to “benefit from a shift to more electronic fixed income trading.” Trading government bonds could be a growth area for the next couple of years, she added.

Rob Sechan of New Edge Capital Group named Union Pacific Corporation UNP, saying that it has around 50% operating margins, better than most tech companies.

Stephanie Link of Hightower said the capital position of Morgan Stanley MS is “extremely strong.” The company is buying back $20 billion in stock over the next couple of years and has a dividend yield of 3.2%, she mentioned.

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Posted In: Boston PrivateCNBCHightowerJoshua BrownNew Edge Capital GroupRitholtz Wealth ManagementRob SechanShannon SaccociaStephanie LinkNewsMarketsMediaTrading Ideas