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Benzinga
Benzinga
Business
Priya Nigam

CNBC's Final Trades: Starbucks, Johnson & Johnson, Union Pacific And This Way To Gain Exposure To Gold

CNBC Stephanie Link Gold Hightower Nasdaq Starbucks Corporation Jason Snipe Jim Lebenthal

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Starbucks Corporation’s (NASDAQ:SBUX) U.S. comps “have remained resilient at 12%.” China’s reopening is a “good thing” for the company, Link mentioned. “They suspended the buyback and are going to spend $20 million on investing in the company, which is a good thing to do,” she added.

Jason Snipe of Odyssey Capital Advisors chose Johnson & Johnson (NYSE:JNJ) as his final trade. “MedTech was really strong in the last print. I think the consumer segment will continue to grow,” Snipe mentioned. He added that the stock offers a 2.5% yield.

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