American Express, Interactive Brokers And More On CNBC's 'Final Trades'

Zinger Key Points
  • American Express is expected to report quarterly earnings on Friday, April 19.
  • Joseph M. Terranova names Interactive Brokers Group as his final trade.
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On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management named Pacer US Cash Cows 100 ETF COWZ, which focuses on the companies in the Russell 1,000 with the highest free cash flow yield.

Stephen Weiss of Short Hills Capital Partners named U.S. 2 Year Treasury Note, which is at 5% yield.

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Jason Snipe of Odyssey Capital Advisors said he likes American Express Company AXP.

American Express is expected to report quarterly earnings on April 19. Analysts expect the company to report earnings at $2.95 per share, up from $2.19 per share in the year-ago period. The company’s revenue is projected to increase to $15.79 billion from $13.05 billion.

Joseph M. Terranova of Virtus Investment Partners picked Interactive Brokers Group, Inc. IBKR.

On April 16, Interactive Brokers reported better-than-expected first-quarter results and raised its dividend from 10 cents to 25 cents per share. The company posted quarterly earnings of $1.64 per share, beating market estimates of $1.63 per share.

Interactive Brokers’ sales came in at $1.22 billion versus estimates of $1.2 billion.

Price Action:

  • Pacer US Cash Cows 100 ETF fell 0.3% on Wednesday.
  • American Express shares fell 0.3% to settle at $217.67 on Wednesday.
  • Interactive Brokers shares rose 1.7% to close at $109.23 during Wednesday’s session.

Check This Out: Investor Sentiment Decreases Further, S&P 500 Falls For Fourth Straight Session

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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasBryn TalkingtonCNBCHalftime Report Final TradesJason SnipeJoseph M. TerranovaStephen Weiss
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