CNBC's Final Trades: AbbVie, Costco Wholesale, Deere And This Kevin O'Leary Pick - AbbVie (NYSE:ABBV), Co

On CNBC’s “Halftime Report Final Trades,” Kevin O'Leary, known as "Mr. Wonderful," said that consumer goods, especially baby powder and baby formula, have been “in the news lately.” O'Leary added, “Nestle (OTC:NSRGY) is a great trade name” and a global behemoth, with 50% of its sales in the US. It is trading at a “discount to similar companies,” he mentioned.

O'Leary further stated that Costco Wholesale Corporation’s (NASDAQ:COST) stock “could get hit badly just because of the environment it’s in.” He added that he would buy more of the company's stock when that happens.

Also Read: Noted Tesla, Apple Analyst Says Consumer Electronics Demand 'Disappearing, Not Deferred,' Sees Further Stock Downside

Stephanie Link of Hightower said she likes Deere & Company (NYSE:DE) “for the long term.” Shares of Deere closed more than 14% lower on Friday.

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Jason Snipe of Odyssey Capital Advisors chose AbbVie Inc (NYSE:ABBV) because of its free cash flow yield and almost 8% dividend. “I think it plays well into this environment,” he added.

ABBVAbbVie Inc

$211.881.62%

Overview

COSTCostco Wholesale Corp

$1033.630.05%

DEDeere & Co

$582.810.37%

NSRGYNESTLE S.A S/ADR by Nestle S.A.

$98.410.14%

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