CNBC's Final Trades: JPMorgan Chase, United States Steel And Stocks To Own During An Economic Slowdown

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.

Posted In: Boston PrivateCNBCJon NajarianJoshua BrownRitholtz Wealth ManagementSarat SethiShannon SaccociaLong IdeasMediaTrading Ideas

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