Bank of America, Costco, Target And More On CNBC's 'Final Trades'

Zinger Key Points
  • BMO's Belski highlights Bank of America's earnings and yield; Odyssey Capital's Snipe chooses Costco.
  • Link picks Target post-strong results; Terranova favors SPDR Gold amid market gains.

On CNBC’s "Halftime Report Final Trades," Brian Belski of BMO Capital Markets said Bank of America Corporation BAC has 8 times earnings and a great dividend yield.

Bank of America recently reported better-than-expected earnings for its third quarter.

Jason Snipe of Odyssey Capital Advisors recommended staying long on Costco Wholesale Corporation COST. The company’s stock surged to a new 52-week high.

Telsey Advisory Group analyst Joseph Feldman reiterated Costco Wholesale with an Outperform rating and maintained a $600 price target.

Don’t forget to check out our premarket coverage here

Stephanie Link of Hightower named Target Corporation TGT as her final trade.

Target recently reported better-than-expected third-quarter financial results.

Joseph Terranova of Virtus Investment Partners picked SPDR Gold Shares GLD, saying gold is breaking to the upside.

Gold futures gained around 0.2% to trade at $2,015.40 an ounce during Tuesday’s session.

Price Action: Bank of America shares fell 0.6% to close at $29.56, while Costco shares rose 0.6% to settle at $594.90 on Monday. Target fell 0.1% to settle at $131.33, while SPDR Gold Shares gained 0.7% during Monday’s session.

Check This Out: How To Earn $500 A Month From Intuit Stock Ahead of Q1 Earnings Report

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsMarketsMediaTrading IdeasBrian BelskiCNBCHalftime Report Final TradesJason SnipeJoseph TerranovaStephanie Link
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!