On CNBC’s “Halftime Report Final Trades,” Karen Firestone of Aureus Asset Management named Visa Inc V as her pick.
Jim Lebenthal of Cerity Partners cited ViacomCBS Inc VIAC, which has been trying to sell its non-core assets in a bid to fund the expansion of the Paramount+ streaming service. Deutsche Bank Monday upgraded its rating for ViacomCBS to a Buy on optimism around growth in its streaming revenues.
Josh Brown of Ritholtz Wealth Management chose CME Group Inc CME. Although CME Group has lost close to 1% year to date, the derivatives giant will be a beneficiary of the Federal Reserve’s proposed interest rate hikes.
Pete Najarian named Lam Research Corporation LRCX as his pick. The semiconductor equipment maker’s stock has lost more than 5% year to date.
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