CNBC's Final Trades: AbbVie, Home Depot, Cisco Systems And This Undervalued Tech Major

by Craig Jones Benzinga Staff Writer

Zinger Key Points

Shannon Saccocia of Boston Private picked Home Depot, saying the company had “already done the work” for building its ecommerce platform.
Joshua Brown of Ritholtz Wealth Management chose Amazon.com, Inc. saying there's "recognition for how undervalued the company might be."
See how Matt Maley is positioning for post-Fed volatility and momentum—live this Sunday, June 22 at 1 PM ET.

On CNBC’s “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors said that AbbVie Inc ABBV delivered another strong set of results earlier this month, with 13% EPS growth and dividend above 4%. “I like it in this market here,” Snipe added.

Shannon Saccocia of Boston Private said that she loved Home Depot Inc HD “adjacently to the housing market” and that the company had “already done the work” for building its ecommerce platform.

Stephanie Link of Hightower said Cisco Systems Inc’s CSCO stock was down 10% year to date, and they had posted “a great quarter,” with $14 billion in backlog and the “third year in a row of 30% product order growth.” The company has announced another buyback and has a 2.7% dividend yield, Link added.

Joshua Brown of Ritholtz Wealth Management chose Amazon.com, Inc. AMZN as his pick, saying he was “happy to see more recognition for how undervalued the company might be.”

Also Read: CNBC's Final Trades: Roblox, Western Digital, Paramount, Coinbase Global And This Tech Major