Delta Air Lines, Interactive Brokers And More: CNBC's 'Final Trades'

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Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. DAL as his stock pick on CNBC's “Halftime Report Final Trades.”

Shares of Delta Air Lines fell around 3.5% on Monday after the legacy carrier canceled more than 600 flights on Monday, as it struggled to recover from a global cyber outage that impacted operations last week.

On July 11, Delta Air Lines posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook.

The company reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro.

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Shannon Saccocia of NB Private Wealth named iShares U.S. Healthcare ETF IYH as her final trade.

Joseph M. Terranova of Virtus Investment Partners said Interactive Brokers Group, Inc. IBKR had a post-earnings correction, which is coming to an end. The stock will resume its prevailing trend and march towards the $150 level.

On July 16, Interactive Brokers Group reported better-than-expected second-quarter financial results.

The company reported quarterly sales of $1.29 billion which beat the analyst consensus estimate of $1.262 billion, representing a 29% increase over sales of $1 billion from the same period last year. The company reported quarterly earnings of $1.76 per share, which beat the analyst consensus estimate of $1.74 per share.

Stephen Weiss of Short Hills Capital Partners picked iShares MSCI India Small-Cap ETF SMIN.

Price Action:

  • iShares U.S. Healthcare ETF rose 0.6% on Monday.
  • Interactive Brokers shares gained 1.4% to settle at $122.30 during Monday's session.
  • Delta Air Lines shares fell 3.5% to close at $43.83 on Monday.
  • iShares MSCI India Small-Cap ETF gained 1.4% on Monday.

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