On CNBC’s “Halftime Report Final Trades,” Joseph Terranova of Virtus Investment Partners recommended buying shares of Seagen Inc. SGEN. Benzinga data shows analysts have an Outperform consensus rating on SGEN.
Jenny Harrington of Gilman Hill Asset Management named New York Community Bancorp, Inc. NYCB, saying that after receiving approval from the OCC to merge with Flagstar Bancorp Inc FBC, the merger date has been extended until Dec. 31, as they are waiting for FRB approval. She added, however, that the merger is “finally going smoothly.” There is a 7.3% yield and a “really safe 68 cent dividend,” Harrington mentioned.
Check out other stocks making moves in the premarket.
Stephen Weiss of Short Hills Capital Partners chose XPO Logistics Inc. XPO as his final trade “into the break-up tomorrow.”
Jason Snipe of Odyssey Capital Advisors said Honeywell International Inc. HON had released another good print, with building technologies up 19%.
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