Morgan Stanley, CVS Health And More On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners said he is staying with U.S. 1 Year Treasury Bill, which has over 5% yield.

Jim Lebenthal of Cerity Partners picked CVS Health Corporation (NYSE: CVS), which is scheduled to hold Investor Day on Dec. 5, 2023.

On Nov. 1, CVS Health said third-quarter sales increased 10.6% Y/Y to $89.76 billion, beating the consensus of $88.25 billion.

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Sarat Sethi named Morgan Stanley (NYSE: MS) as his final trade amid a pickup in market activity.

Morgan Stanley appointed its co-president, Edward (Ted) Pick, as chief executive officer, effective Jan. 1.

Liz Young of BNY Mellon Investment Management picked Invesco Food & Beverage ETF (NYSE: PBJ).

Price Action: CVS Health shares closed at $68.48 on Monday, while Morgan Stanley gained 0.4% to $81.21. Invesco Food & Beverage ETF gained 0.7% during Monday’s session.
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