Lockheed Martin, Crown Castle, And Layoff-Announcing Online Brokerage: CNBC's 'Final Trades

On CNBC’s "Halftime Report Final Trades," Richard Saperstein of HighTower Treasury Partners said Lockheed Martin Corporation LMT has a 5.5% free cash flow yield.

Lockheed Martin reportedly raised concerns over L3Harris Technologies’ acquisition of Aerojet Rocketdyne Holdings Inc.

Jenny Harrington of Gilman Hill Asset Management said Crown Castle Inc. CCI has a 5.5% yield. That dividend should go low-single digits over the next couple of years, and pick up speed after that, she added.

Crown Castle reported first-quarter revenues of $1.77 billion, beating the consensus of $1.76 billion.

Analysts have a consensus Outperform rating on CCI, according to Benzinga's analyst ratings data.

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Josh Brown of Ritholtz Wealth Management said Robinhood Markets, Inc. HOOD just announced layoffs, which the Street likes. "Keep an eye on it," he added.

Robinhood is cutting about 7% of its full-time staff in response to a slowdown in customer trading activity and reduced customer engagement.

Price Action: Robinhood shares rose 3.2% to settle at $9.94, while Crown Castle shares rose 0.5% to close at $111.36 on Tuesday. Lockheed Martin shares rose 0.1% to close at $453.15 during the Tuesday’s session.

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