On CNBC’s “Halftime Report Final Trades,” Jon Najarian said that many jumped onto PayPal Holdings Inc PYPL right after the company released earnings, but “it was too early.”
The stock fell to $179, offering a great entry point, Najarian said. “I didn’t get that low, but I did buy it in the low $180s and have been adding to it,” he said. Najarian added that PayPal is a fantastic company and could perform “very well” in the first quarter of 2022.
Najarian also cited Affirm Holdings Inc AFRM as a pick, highlighting the company’s Buy Now, Pay Later offering.
Jenny Harrington of Gilman Hill Asset Management named Medical Properties Trust, Inc MPW as her pick. “If I’m right about my caution and hesitancy going into next year, this would be a nice place to stay out of the fray and collect a nearly 5% dividend yield,” she added.
Jason Snipe of Odyssey Capital Advisors said he liked Energy Select Sector SPDR Fund XLE, citing the balance sheet. “There’s some runway here going into 2022.”
Stephen Weiss of Short Hills Capital Partners named Dick’s Sporting Goods Inc DKS as his pick.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.