Alphabet, Cummins, Stanley Black & Decker And A Payments Processing Giant On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Joseph Terranova of Virtus Investment Partners named Visa Inc. V as his final trade.

Visa reported better-than-expected financial results for its fourth quarter. The company reported quarterly earnings of $2.33 per share, which beat the analyst consensus estimate of $2.24, a 20.73% increase over earnings of $1.93 per share from the same period last year.

Stephanie Link of Hightower named Cummins Inc. CMI, which is down 9% year-to-date. "I like the Meritor acquisition," she added.

JP Morgan analyst Ann Duignan recently downgraded Cummins from Neutral to Underweight and lowered the price target from $270 to $255.

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Jenny Harrington of Gilman Hill Asset Management said Stanley Black & Decker, Inc. SWK has a 4.2% dividend yield.

Stanley Black & Decker is expected to report its third quarter 2023 earnings results on Oct. 27, 2023.

Jason Snipe of Odyssey Capital Advisors picked Alphabet Inc. GOOG GOOGL.

Alphabet shares fell around 9.5% on Wednesday following third-quarter financial results. The company said revenue increased 11% year-over-year to $76.69 billion, which beat the consensus estimate of $75.94 billion.

Price Action: Visa shares gained 0.9% to close at $236.85, while Cummins shares fell 0.3% to settle at $218.58 on Wednesday. Stanley Black & Decker shares fell 2.7% to settle at $77.25, while Alphabet shares dipped 9.5% to settle at $125.61 on Wednesday.

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