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Benzinga
Benzinga
Business
Craig Jones

CNBC's Final Trades: Foot Locker, Public Storage And This Airline Stock

CNBC Public Storage Jenny Harrington NYSE Gilman Hill Asset Management

On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said Foot Locker, Inc (NYSE:FL) was downgraded on Monday. The downgrade was based on old news from a month ago, she added.

Harrington further stated, “So, now the stock’s down 3%. You can buy it. It’s got a 5.4% yield, trading at 6 times earnings and has a buyback authorized for almost half the market value of shares.” She added, “So, take the gift and buy the stock.”

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