On CNBC’s “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners named TransDigm Group Incorporated (NYSE:TDG) as his final trade.
TransDigm Group, during November, entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries, a portfolio company of TJC, L.P., for about $1.385 billion in cash.
Joseph Terranova of Virtus Investment Partners said Goldman Sachs Group, Inc. (NYSE:GS) is looking very attractive.
On Tuesday, Barclays analyst Jason Goldberg maintained Goldman Sachs with an Overweight rating and raised the price target from $437 to $493.
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Liz Young of BNY Mellon Investment Management picked Financial Select Sector SPDR Fund (NYSE:XLF) .
U.S. stocks closed mostly lower on Tuesday, with the financial sector adding around 0.39% during the session.
Joshua Brown of Ritholtz Wealth Management named PayPal Holdings, Inc. (NASDAQ:PYPL), which closed slightly higher on Tuesday.
Amazon.com Inc (NASDAQ:AMZN) recently announced that it will stop accepting PayPal’s Venmo as a payment method for subscriptions starting this month.
Price Action: TransDigm shares fell 1.9% to close at $992.20, while Goldman Sachs gained 0.7% to settle at $388.30 on Tuesday. Financial Select Sector SPDR Fund gained 0.4%, while PayPal gained 0.1% to settle at $61.46 during Tuesday’s session.
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