Eaton, TransDigm And A Big Bank On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Brenda Vingiello of Sand Hill Global Advisors named Eaton Corporation plc (NYSE:ETN) as her final trade.

Eaton will announce third-quarter earnings on Thursday, Oct. 31, before the opening of the New York Stock Exchange.

Analysts expect the company to report quarterly earnings at $2.80 per share, up from $2.47 per share in the year-ago period. Eaton projects to report revenue of $6.37 billion for the recent quarter, compared to $5.89 billion a year earlier, according to data from Benzinga Pro.

Stephen L. Weiss of Short Hills Capital Partners said TransDigm Group Incorporated (NYSE:TDG) is just a “great” company.

On Oct. 14, JPMorgan analyst Seth Seifman maintained TransDigm with a Neutral rating and raised the price target from $1435 to $1555.

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Joe Terranova of Virtus Investment Partners picked The Goldman Sachs Group, Inc. (NYSE:GS).

The Consumer Financial Protection Bureau (CFPB), a government watchdog agency, issued a $89 million fine against Apple Inc (NASDAQ:AAPL) and Goldman Sachs due to "service breakdowns and misrepresentations" that impacted Apple Card users. The agency claims these missteps affected hundreds of thousands of Apple Card holders.

Price Action:

  • Eaton rose 0.4% to close at $344.96 during Wednesday's session.
  • TransDigm shares gained 0.5% to settle at $1,357.59.
  • Goldman Sachs fell 0.2% to close at $517.20 during Wednesday's session.

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