Wendy's, Uber, W.W. Grainger And This Beverage Giant Feature On CNBC's 'Final Trades'

Zinger Key Points
  • A Coke with your Wendy's? HSBC analyst Carlos Laboy and Hightower's Stephanie Link discuss their picks this week.
  • WW Grainger delivered double-digit revenue growth in the last 36 months, Virtus analyst Joseph Terranova says.

On CNBC’s "Halftime Report Final Trades," Kevin Simpson said Coca-Cola Company KO has a 3% dividend yield and lots of free cash flow.

HSBC analyst Carlos Laboy recently maintained Coca-Cola with a Buy and lowered the price target from $77 to $74.

Bill Baruch named Uber Technologies, Inc. UBER as his final trade.

Uber Technologies disclosed plans to bring peer-to-peer car sharing to North America, starting with Toronto and Boston, at its Go-Get product event in London.

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Stephanie Link of Hightower praised The Wendy's Company WEN, which recorded a 7% U.S. same-restaurant sales growth and 14% international growth.

"I like it," she added.

Wendy's reported first-quarter FY23 sales growth of 8.2% year-on-year to $528.81 million, beating the consensus of $522.43 million.

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Joseph Terranova of Virtus Investment Partners said WW Grainger Inc GWW trades at 21 times with 80% U.S. revenue exposure. The company delivered double-digit revenue growth in the last 36 months, he added.

W.W. Grainger reported better-than-expected earnings results for its first quarter.

Price Action: Grainger shares rose 0.2% to settle at $706.48, while Wendy's shares rose 0.1% to close at $22.22 on Friday. Uber shares rose 1.8% to close at $40.99, while Coca-Cola added 0.2% to $60.47 during the Friday’s session.

Check This Out: Top 5 Health Care Stocks That Are Set To Fly In Q2

Image by Michael Form from Pixabay

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Posted In: Long IdeasNewsMarketsMediaTrading IdeasBill BaruchCNBCExpert IdeasHalftime Report Final TradesJoseph TerranovaKevin SimpsonStephanie Link
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