PayPal, Goldman Sachs, TransDigm Group And More On CNBC's 'Final Trades'

Zinger Key Points
  • Joshua Brown of Ritholtz Wealth Management picks PayPal Holdings on CNBC’s Halftime Report Final Trades.
  • Joseph Terranova said Goldman Sachs is looking very attractive.

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named TransDigm Group Incorporated TDG as his final trade.

TransDigm Group, during November, entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries, a portfolio company of TJC, L.P., for about $1.385 billion in cash.

Joseph Terranova of Virtus Investment Partners said Goldman Sachs Group, Inc. GS is looking very attractive.

On Tuesday, Barclays analyst Jason Goldberg maintained Goldman Sachs with an Overweight rating and raised the price target from $437 to $493.

Don’t forget to check out our premarket coverage here

Liz Young of BNY Mellon Investment Management picked Financial Select Sector SPDR Fund XLF .

U.S. stocks closed mostly lower on Tuesday, with the financial sector adding around 0.39% during the session.

Joshua Brown of Ritholtz Wealth Management named PayPal Holdings, Inc. PYPL, which closed slightly higher on Tuesday.

Amazon.com Inc AMZN recently announced that it will stop accepting PayPal’s Venmo as a payment method for subscriptions starting this month.

Price Action: TransDigm shares fell 1.9% to close at $992.20, while Goldman Sachs gained 0.7% to settle at $388.30 on Tuesday. Financial Select Sector SPDR Fund gained 0.4%, while PayPal gained 0.1% to settle at $61.46 during Tuesday’s session.
Check This Out: This Analyst With 84% Accuracy Rate Sees Around 13% Upside In Darden Restaurants - Here Are 5 Stock Picks For 2023 From Wall Street's Most Accurate Analysts

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
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!