CNBC's Final Trades: Real Estate, General Motors And These Two Banking Majors

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Morgan Stanley (NYSE: MS) has a “3.5% dividend yield and trades 13 times.”

“They’re actually gaining share in trading,” Link mentioned. At a conference last week, the company announced a $900 million sequential improvement in net interest income and 20% year-over-year, she added.

J.P. Morgan Private Bank’s Anastasia Amoroso chose iShares US Real Estate ETF (ARCA: IYR), saying that apartment REITs have been completely sold out. “The demand for rentals is very strong because nobody can buy a house and the yield on that is over 3%,” she stated.

Check out other stocks making moves in the premarket.

Jim Lebenthal of Cerity Partners said that Ford Motor Company (NYSE: F) had reaffirmed its full-year guidance. Short selling has been strong on General Motors Company (NYSE: GM) for the last three months, Lebenthal mentioned. He added that General Motors had announced a “very big deal” with Hertz Global Holdings Inc (NASDAQ: HTZ) for electric vehicle production.

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Josh Brown of Ritholtz Wealth Management named JPMorgan Chase & Co (NYSE: JPM), saying that the interest rates have risen and “banks are outperforming the overall market and I think that will continue.”