CrowdStrike Holdings, NNN REIT And A Major Semiconductor Stock: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management said NNN REIT, Inc. NNN has 6.1% dividend yield.

NNN REIT priced its public offering of $500 million of 5.600% senior unsecured notes due 2033. The notes were offered at 97.676% of the principal amount, with a yield to maturity of 5.905%.

Benzinga's analyst rating data shows a consensus Buy rating on NNN REIT.

Jim Lebenthal of Cerity Partners said semiconductors have pulled back over the last month and a half, and a lot of bargains have appeared, and NXP Semiconductors N.V. NXPI is one of those.

NXP reported second-quarter earnings of $3.43 per share, which beat the analyst consensus estimate of $3.27, a 2.56% decrease over earnings of $3.52 per share from the same period last year.

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Josh Brown of Ritholtz Wealth Management named CrowdStrike Holdings, Inc. CRWD as his final trade. "I am still in the name and I like it," he added.

Multiple analysts raised price targets on CrowdStrike. The price target increases come after CrowdStrike made several announcements at Fal.Con 2023 this week, including a new partner program called Accelerate, CrowdStrike Marketplace, the next generation of Falcon with generative AI capabilities, new innovations for data protection and exposure management and a no-code application development platform.

Price Action: CrowdStrike shares fell 0.8% to close at $162.53, while NXP Semiconductors shares fell 0.5% to settle at $194.00 on Thursday. NNN REIT shares fell 3.9% to settle at $36.68 on Thursday.

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Posted In: Long IdeasNewsMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJenny HarringtonJim LebenthalJoshua Brown
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