Marriott, Fortinet And A Major Payment Processing Platform That's A 'Huge Value Trap': CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management said avoid PayPal Holdings, Inc. PYPL and added that the stock is a "huge value trap."

PayPal Holdings tapped Intuit’s Alex Chriss as CEO, effective Sept. 27, 2023. Chriss will also join the Board on that date.

Analysts have a consensus Buy rating on PayPal, according to Benzinga's analyst ratings data.

Stephanie Link of Hightower said she is a buyer of Fortinet, Inc. FTNT.

Fortinet recently reported second-quarter earnings results and provided weak guidance.

Joseph Terranova of Virtus Investment Partners named Marriott International, Inc. MAR as his final trade. The stock was recently downgraded and "I disagree with the downgrade," he added.

Marriott recently reported better-than-expected second-quarter results and issued strong FY23 guidance. Bernstein analyst Richard Clarke downgraded Marriott from Outperform to Market Perform and raised the price target from $204 to $218.

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Price Action: Fortinet shares fell 0.8% to settle at $59.17, while Marriott shares slipped 0.4% to close at $206.00 on Tuesday. PayPal shares dipped 6% to settle at $59.47 on Tuesday.

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