'Halftime Report' Final Trades: Merck, Volkswagen, And This Mega Tech Stock
On CNBC’s “Halftime Report Final Trades,” Liz Young of BNY Mellon Investment Management said she had coined a new word, “stagflationtory,” which combine two of the most overused words – stagflation and transitory.
Stephen Weiss of Short Hills Capital Partners said Volkswagen AG (OTC: VWAGY) had disappointed in the quarter and it’s time to buy the stock now. “To put it into perspective,” Ford Motor Company (NYSE: F) at nine times earnings would be $19 per share, while Volkswagen at nine times earnings next year will be up 50%.
Jon Najarian cited Merck & Co., Inc (NYSE: MRK) as a top pick, while Joshua Brown of Ritholtz Wealth Management chose Amazon.com Inc (NASDAQ: AMZN).
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Posted-In: BNY Mellon Investment Management CNBC Jon Najarian Joshua Brown Liz YoungLong Ideas Media Trading Ideas