Taiwan Semiconductor, American Tower, Trane Technologies And A Health Care Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners said he still finds Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) cheap.

On Monday, Taiwan Semiconductor Manufacturing bagged the government's approval for an additional $7.5 billion infusion into Taiwan Semiconductor Arizona unit, the Taipei Times cited the Department of Investment Review statement.

Amy Raskin of Chevy Chase Trust named Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN).

Chief District Judge Thomas Kleeh denied Regeneron Pharmaceuticals' effort to prevent the sale of Amgen Inc's (NASDAQ:AMGN) Eylea biosimilar. Regeneron filed a notice of its appeal to the U.S. Court of Appeals for the Federal Circuit.

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Kari Firestone of Aureus Asset Management picked American Tower Corporation (NYSE:AMT) as her final trade.

On Sept. 23, JP Morgan analyst Philip Cusick maintained American Tower with an Overweight rating and raised the price target from $240 to $250.

Joseph M. Terranova of Virtus Investment Partners named Trane Technologies plc (NYSE:TT).

On July 31, Trane Technologies reported better-than-expected second-quarter financial results and raised its FY24 guidance. Revenues grew 13% Y/Y to $5.31 billion, surpassing the consensus of $5.13 billion. Bookings increased 19% Y/Y to$5.34 billion in the quarter. Adjusted EPS of $3.30 surpassed the street view of $3.08.

Price Action:

• Taiwan Semiconductor gained 0.2% to close at $182.35 during Wednesday's session.
• Regeneron Pharmaceuticals shares fell 1.4% to settle at $1,031.15 on Wednesday.
• American Tower fell 0.4% to close at $235.63 during Wednesday's session.
• Trane Technologies shares gained 1% to close at $387.70 on Wednesday.

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