'Halftime Report' Final Trades: American Tower, Jumia And More

On CBBC’s “Fast Money Halftime Report,” the investment committee went over their Final Trades.

Jim Lebenthal mentioned American Tower AMT. The stock is a little expensive.

Steve Weiss sold Jumia Technologies JMIA. Although it moved towards profitability, that’s not the game plan, said Weiss. The company got there at the expense of sales and marketing. He thinks it'll be okay on a long-term basis, but that’s not what he wanted to see out of an online retailer.

Weiss also trimmed Alibaba BABA, citing major anti-trust issues.

Tiffany McGhee bought Disney DIS. She said it’s a whole new world with earnings this Thursday, she thinks it’ll have more than 100 million subscribers with Disney+ and the strong track record of outperformance in park and film and integrating the two.

Michael Farr bought CVS CVS. He noted the reasons being 8x earnings, 3.4% dividends and they give out a lot of flu shots: “This stock’s making money."

Pete Najarian mentioned he bought the stock and calls in Valley National Bancorp VLY.