On CNBC’s “Halftime Report Final Trades,” Pete Najarian said he expects Transocean LTD (NYSE:RIG) to “go higher.”
Rob Sechan of New Edge Capital Group said that American Express Company’s (NYSE:AXP) stock is “down a lot” and currently trades at 17 times next year’s earnings. The company has “10% in free cash flows, plus has leveraged the reopening quite a bit,” Sechan added.
Jenny Harrington of Gilman Hill Asset Management chose Umpqua Holdings Corp (NASDAQ:UMPQ) as her pick, saying it’s a regional bank in the Pacific Northwest.
Harrington mentioned she had spoken to the management Thursday morning and “reconfirmed that in fact rising interest rates are good for their business.” Moreover, the stock “trades at 11 times earnings, with a 4.2% dividend yield,” she added.
Josh Brown of Ritholtz Wealth Management said he was sticking with Amazon.com, Inc. (NASDAQ:AMZN).
