On CNBC’s “Halftime Report Final Trades,” Josh Brown of Ritholtz Wealth Management chose JPMorgan Chase & Co JPM.
“If you’re about to buy a 10-year Treasury at a 3.5% yield and you have more than three years as a time horizon, you’re getting the same exact dividend from JPM,” Brown said. “The stock is now trading below where it was in December 2019, pre-pandemic.”
Shannon Saccocia of Boston Private named Costco Wholesale Corporation COST as her final trade. She said that Costco Wholesale stock could be held even if the U.S. enters a recession.
Check out other stocks making moves in the premarket.
Sarat Sethi chose Constellation Brands, Inc. STZ, saying it's “a great stock to own when things are slowing down.”
Jon Najarian named United States Steel Corporation X as his final trade.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.