Walmart, Leidos And A Financial Stock: CNBC's 'Final Trades'

Zinger Key Points
  • Joseph M. Terranova named Walmart as his final trade.
  • Jenny Harrington says Western Union Company has an 8% dividend yield.

On CNBC's “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners named Leidos Holdings, Inc. LDOS as his final trade.

On Sept. 18, Leidos said Tina Jonas has been appointed to the company’s board of directors, effective Sept. 25.

“Tina Jonas brings extensive defense and aerospace leadership experience in both government and industry to the Leidos Board of Directors,” said Leidos CEO Tom Bell. “Her insights will be invaluable as we work to support our critical customer missions and our nation’s warfighters. We’re confident her contributions will help continue to drive innovation and growth for our organization, and we’re honored to welcome her to the board.”

Jenny Harrington of Gilman Hill Asset Management said The Western Union Company WU has an 8% dividend yield.

On July 30, Western Union reported worse-than-expected second-quarter adjusted EPS results. Western Union reported quarterly earnings of 44 cents per share, which missed the analyst consensus estimate of 45 cents per share. The company reported quarterly sales of $1.066 billion, which beat the analyst consensus estimate of $1.060 billion.

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Joseph M. Terranova of Virtus Investment Partners picked Walmart Inc. WMT.

On Sept. 23, Melius Research analyst Karen Short initiated coverage on Walmart with a Buy rating and announced a price target of $95. Walmart is reportedly sweetening its pay-by-bank feature in Walmart Pay, allowing customers to pay directly from their checking accounts rather than debit cards, with transactions instantly reflected in their bank accounts.

Price Action:

  • Leidos gained 1.7% to close at $159.68 during Monday's session.
  • Western Union shares gained 2% to settle at $11.98 on Monday.
  • Walmart shares gained 1.6% to close at $80.33 on Monday.

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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJenny HarringtonJoseph M. TerranovaStephen WeissStories That Matter
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