CNBC’s Latest Transactions: Costco Wholesale, Zoetis, BlackBerry, Walt Disney and This Energy Supply


On CNBC’s “Halftime Report Final Trades,” HighTower Treasury Partners’ Richard Saperstein said he loved Costco Wholesale Corporation COST. The company had generated 10% same store sales and witnessed a “great adoption of membership,” Saperstein said. “It’s a good time to dive in,” he added.

Brenda Vingiello of Sand Hill Global Advisors said Zoetis Inc ZTS had limited competition from generic drugs. “You don’t have to deal with Medicare,” and customers are now willing to spend on pets, she added.

Also Read: Former Disney CEO Bob Iger Takes Stake In This $40 Billion Design Company

Stephen Weiss of Short Hills Capital Partners said Ovintiv Inc OVV was its “first energy buy in a long time.” Weiss said the stock looked “cheap,” with 3 times EBIDTA and a lower price-to-sale PE. While Ovintiv had failed to live up to expectations in the past two quarters, the company is now poised to perform well, he added.

Watch stocks making big moves in the premarket.

Jon Najarian named BlackBerry Ltd BB as his last profession, while Jim Lebenthal of Cerity Partners Walt Disney Co chose DIS.


This post CNBC’s Latest Transactions: Costco Wholesale, Zoetis, BlackBerry, Walt Disney and This Energy Supply was original published at “https://www.benzinga.com/trading-ideas/long-ideas/22/05/27458534/cnbcs-final-trades-costco-wholesale-zoetis-blackberry-walt-disney-and-this-energy-stock”

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