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CNBC's Final Trades: JPMorgan Chase, United States Steel And Stocks To Own During An Economic Slowdown

BY Benzinga
— 8:30 AM ET 06/17/2022

On CNBC's "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management chose JPMorgan Chase & Co NYSE:JPM.

"If you're about to buy a 10-year Treasury at a 3.5% yield and you have more than three years as a time horizon, you're getting the same exact dividend from JPM," Brown said. "The stock is now trading below where it was in December 2019, pre-pandemic." 

Shannon Saccocia of Boston Private named Costco Wholesale Corporation NASDAQ:COST as her final trade. She said that Costco Wholesale stock could be held even if the U.S. enters a recession.

Check out other stocks making moves in the premarket.

Sarat Sethi chose Constellation Brands, Inc. NYSE:STZ, saying it's "a great stock to own when things are slowing down."

Jon Najarian named United States Steel Corporation NYSE:X as his final trade.

More STZ News

  • Here's How Much $100 Invested In Constellation Brands 10 Years Ago Would Be Worth Today
    Benzinga - 4:39 PM ET 06/16/2022
  • 9 Stocks That Moved After 'Fast Money Halftime Report'
    Benzinga - 2:31 PM ET 06/16/2022
  • How To Attend Constellation Brands Q1 2023 Earnings Conference Call
    Benzinga - 7:52 AM ET 06/16/2022
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