CNBC's Final Trades: Adobe, Pinnacle, This Automotive Stock And More


On CNBC’s “Halftime Report Final Trades,” Shannon Saccocia of Boston Private said Adobe Inc ADBE is a “long-time, high conviction name for us”. “[We've] continued to see accelerating spending in digital marketing,” she mentioned. “This trend is not going away, particularly in a hybrid environment.”

Degas Wright of Decatur Capital Management chose Pinnacle West Capital Corporation PNW. “It is gonna benefit from the expansion of the electrical grid,” Wright said. “Also, it has a 4.5% dividend yield,” he added.

Check out other stocks making moves in the premarket.

Joshua Brown of Ritholtz Wealth Management named iShares US Aerospace & Defense ETF ITA as the final trade.

Stephen Weiss of Short Hills Capital Partners picked Volkswagen AG VWAGY as the final trade.

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Posted In: Long IdeasMediaTrading IdeasBoston PrivateCNBCDecatur Capital ManagementDegas WrightJoshua BrownRitholtz Wealth ManagementShannon SaccociaShort Hills Capital PartnersStephen Weiss
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