On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Walgreens Boots Alliance Inc’s (NASDAQ:WBA) stock is “down 11% year to date, 8.5 times earnings.” She added, “I like what this new management is doing in terms of investing. I’ll buy it on weakness.”
Jim Lebenthal of Cerity Partners named CVS Health Corp (NYSE:CVS) as his final trade. “Regardless of what you think of my take on the markets, I do believe this is an all-weather stock. If you get a punk market, you’re still going to need health care, they’re still going to have cash flows to pay down their debt on their balance sheet,” Lebenthal said. “If things go well, the same thing’s going to happen, this is a good stock to own” he added.
