Cisco, TJX, Leidos And More: CNBC's 'Final Trades'

Jim Lebenthal of Cerity Partners picked Cisco Systems, Inc. (NASDAQ:CSCO) on the latest edition of CNBC's “Halftime Report Final Trades.”

After looking at the company’s stock chart, Lebenthal noticed there is a nine-month downtrend in the stock.

The stock hit a low in June but reached a higher low a week ago. If the stock goes up 1 more percent, then we will have a “higher high,” he added.

Kevin Simpson of Capital Wealth Planning named The TJX Companies, Inc. (NYSE:TJX) as his final trade.

On July 3, Loop Capital analyst Laura Champine maintained TJX with a Buy rating and increased the price target from $115 to $125.

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Shannon Saccocia of NB Private Wealth picked iShares Core S&P Small-Cap ETF (NYSE:IJR).

Stephen Weiss of Short Hills Capital Partners named Leidos Holdings, Inc. (NYSE:LDOS) as his final trade.

Leidos expects to announce its second-quarter financial results on Tuesday, July 30. Analysts expect the company to report quarterly earnings at $2.27 per share, up from $1.8 per share in the year-ago period. The company projects revenue of $4.06 billion, compared to $3.84 billion a year earlier.

Price Action:

  • Cisco shares gained 1.3% to close at $47.38 on Friday.
  • TJX shares rose 0.3% to settle at $114.30 during Friday's session.
  • iShares Core S&P Small-Cap ETF gained 1% on Friday.
  • Leidos shares gained 0.7% to close at $149.92 during Friday's session.

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