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PayPal, Goldman Sachs, TransDigm Group And More On CNBC's 'Final Trades'

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PayPal, Goldman Sachs, TransDigm Group And More On CNBC's 'Final Trades'

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.
Check This Out: This Analyst With 84% Accuracy Rate Sees Around 13% Upside In Darden Restaurants - Here Are 5 Stock Picks For 2023 From Wall Street's Most Accurate Analysts

Image: Shutterstock

 

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