Disney, JPMorgan And More: CNBC's 'Final Trades'

Zinger Key Points
  • "I think the stock is good for over $200," Joshua Brown on JPMorgan.
  • Shannon Saccocia names iShares U.S. Real Estate ETF as her final trade.

On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named JPMorgan Chase & Co. JPM, which hit a new 52-week high on Tuesday. "I think the stock is good for over $200," he added.

On March 19, JPMorgan Chase raised its common stock dividend from $1.05 to $1.15 per share. Oppenheimer analyst Chris Kotowski maintained JPMorgan with an Outperform but lowered the price target from $238 to $219.

JPMorgan Chase is scheduled to review first-quarter 2024 financial results before the opening bell, on April 12, 2024.

Shannon Saccocia of NB Private Wealth picked iShares U.S. Real Estate ETF IYR as her final trade.

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Jim Lebenthal of Cerity Partners recommended having a look at the chart of The Walt Disney Company DIS. "This is just dying to break out to a new 52-week high," he added.

Walt Disney’s ESPN announced two new agreements with the College Football Playoff. ESPN, a subsidiary of Disney, and the College Football Playoff reached a $7.8 billion agreement that ensured ESPN would continue to be the exclusive rights holder for the college football playoffs through the 2031-32 season.

Price Action:

  • JPMorgan shares gained 0.6% to settle at $193.79 on Tuesday.
  • iShares U.S. Real Estate ETF gained 0.1% on Tuesday.
  • Disney rose 0.6% to settle at $114.51 during Tuesday’s session.

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Image created using artificial intelligence with Midjourney.

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Posted In: Long IdeasNewsMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJim LebenthalJoshua BrownShannon SaccociaStories That Matter
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