Citigroup A 'Cheap' Stock? Plus: Morgan Stanley, Stifel Financial And This Real Estate Ticker On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Brian Belski of BMO Capital Markets named Stifel Financial Corp. SF as his final trade.

Stifel recently signed a seven-year agreement with St. Louis Cardinals to serve as official jersey patch sponsor.

Joseph Terranova of Virtus Investment Partners said Morgan Stanley MS has a "phenomenal management team."

Morgan Stanley reported better-than-expected second-quarter financial results. The company reported earnings per share of $1.24, beating the consensus of $1.15. Revenues reached $13.46 billion, up 2% year-over-year, versus an expected $13.08 billion and was down 7% sequentially.

Jim Lebenthal of Cerity Partners said Citigroup Inc. C is a "cheap" stock. It reported better-than-expected second-quarter financial results.

The bank reported a second-quarter net revenue decline of 1% year-over-year to $19.44 billion for 2023, beating the consensus of $19.27 billion.

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Jenny Harrington of Gilman Hill Asset Management said Crown Castle Inc. CCI has a 5.5% yield.

Crown Castle reported an increase in earnings for the second quarter.

Price Action: Crown Castle shares gained 2.7% to settle at $113.50, while Citigroup shares rose 1.1% to close at $47.52 on Wednesday. Morgan Stanley shares gained 1.3% to close at $93.16, while Stifel rose 0.5% to settle at $64.81 during the Wednesday’s session.
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