On CNBC’s “Halftime Report Final Trades,” Shannon Saccocia of Boston Private said L3Harris Technologies Inc. (NYSE:LHX) is a “significant defense contractor” that has huge switching costs and benefits from “complexity in their product line.”
Check out other stocks making moves in the premarket.
Rob Sechan of New Edge Capital Group recommended taking advantage of the decline in EOG Resources Inc’s (NYSE:EOG) stock. The company is a “best-in-class player” with “the best balance sheet and the best capital efficiency,” he added.
Stephen Weiss of Short Hills Capital Partners said Meta Platforms Inc. (NASDAQ:META) reminds him of the “value trap” of IBM (NYSE:IBM) from the 90s. “I don’t think there’s a value there. I would be a seller,” he stated.
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