AO Smith, Union Pacific, Tradeweb Markets And This Major Bank On CNBC's 'Final Trades'

On CNBC’s “Halftime Report Final Trades,” Josh Brown of Ritholtz Wealth Management said A O Smith Corp (NYSE: AOS), which makes boilers, water heaters, and filters, is a “very defensive stock.” The stock has lost 29% year to date. The company is paying a 2% yield and has raised the yield for the 28th straight year, Brown mentioned. AO Smith is a “very undervalued name in my opinion,” he added.

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Shannon Saccocia of Boston Private said that Tradeweb Markets Inc (NASDAQ: TW) is poised to “benefit from a shift to more electronic fixed income trading.” Trading government bonds could be a growth area for the next couple of years, she added.

Rob Sechan of New Edge Capital Group named Union Pacific Corporation (NYSE: UNP), saying that it has around 50% operating margins, better than most tech companies.

Stephanie Link of Hightower said the capital position of Morgan Stanley (NASDAQ: MS) is “extremely strong.” The company is buying back $20 billion in stock over the next couple of years and has a dividend yield of 3.2%, she mentioned.

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