Dell, CoStar, PayPal And A Major Health Care Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Bill Baruch of Blue Line Capital named Dell Technologies Inc. DELL, which reported earnings last week.

On Aug. 29, Dell reported second-quarter revenue of $25.03 billion, beating the consensus estimate of $24.14 billion, according to Benzinga Pro. The Round Rock, Texas-based company reported adjusted earnings of $1.89 per share, beating analyst estimates of $1.71 per share.

Karen Firestone of Aureus Asset Management picked CoStar Group, Inc. CSGP.

On July 23, CoStar reported quarterly earnings of 15 cents per share which beat the analyst consensus estimate of 9 cents per share. The company reported quarterly sales of $677.800 million which beat the analyst consensus estimate of $677.647 million.

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Stephanie Link of Hightower named Johnson & Johnson JNJ.

Johnson & Johnson (reportedly increased its settlement offer by $1 billion, now totaling about $9 billion, to address claims that its talc baby powder caused gynecological cancer.

Joshua Brown of Ritholtz Wealth Management picked PayPal Holdings, Inc. PYPL. “I like the price action,” he added.

PayPal Holdings is integrating its debit card with Apple Inc's AAPL mobile wallet and offering different cashback rewards. This move is part of a strategic shift led by new CEO Alex Chriss, who joined PayPal from Intuit last year. The goal is to secure a share of in-person purchases at stores, cafes, and restaurants.

Price Action:

  • Dell shares fell 1.7% to close at $107.16 during Thursday's session.
  • CoStar shares gained 0.2% to settle at $77.36 on Thursday.
  • Johnson & Johnson shares fell 1.4% to close at $164.99.
  • PayPal shares fell 0.8% to settle at $72.03 on Thursday.

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Posted In: Long IdeasNewsMarketsMediaTrading IdeasBill BaruchHalftime Report Final TradesJoshua BrownKaren FirestoneStephanie Link
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