On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said Iron Mountain Inc IRM represents “the best of both worlds.” “You get a 5% yield and you get 10.5% FFO growth in the future,” Harrington mentioned. The company announced “really good” earnings on Wednesday morning “exceeding expectations,” she added.
Stephen Weiss of Short Hills Capital Partners chose Porsche Automobil Holding SE POAHF. “You can get close to a spin when you get grace for as long as 40 times earnings. That’s gonna create incredible value for Volkswagen AG VLKAF and Porche.
Check out other auto stocks making moves in the premarket.
Joseph Terranova of Virtus Investment Partners said, “You’re getting a pullback here in health care. It’s my favourite sector of the year.” He named Merck & Co., Inc. MRK as his final trade, recommending to take advantage of a 5% pullback.