On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named TransDigm Group Incorporated TDG as his final trade.
TransDigm Group, during November, entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries, a portfolio company of TJC, L.P., for about $1.385 billion in cash.
Joseph Terranova of Virtus Investment Partners said Goldman Sachs Group, Inc. GS is looking very attractive.
On Tuesday, Barclays analyst Jason Goldberg maintained Goldman Sachs with an Overweight rating and raised the price target from $437 to $493.
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Liz Young of BNY Mellon Investment Management picked Financial Select Sector SPDR Fund XLF .
U.S. stocks closed mostly lower on Tuesday, with the financial sector adding around 0.39% during the session.
Joshua Brown of Ritholtz Wealth Management named PayPal Holdings, Inc. PYPL, which closed slightly higher on Tuesday.
Amazon.com Inc AMZN recently announced that it will stop accepting PayPal’s Venmo as a payment method for subscriptions starting this month.
Price Action: TransDigm shares fell 1.9% to close at $992.20, while Goldman Sachs gained 0.7% to settle at $388.30 on Tuesday. Financial Select Sector SPDR Fund gained 0.4%, while PayPal gained 0.1% to settle at $61.46 during Tuesday’s session.
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