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CNBC's Final Trades: Iron Mountain, Porsche And This Health Care Company

Benzinga Real-time News ·  Aug 5, 2022 08:24

On CNBC's "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management said Iron Mountain Inc (NYSE:IRM) represents "the best of both worlds." "You get a 5% yield and you get 10.5% FFO growth in the future," Harrington mentioned. The company announced "really good" earnings on Wednesday morning "exceeding expectations," she added.

Stephen Weiss of Short Hills Capital Partners chose Porsche Automobil Holding SE (OTC:POAHF). "You can get close to a spin when you get grace for as long as 40 times earnings. That's gonna create incredible value for Volkswagen AG (OTC:VLKAF) and Porche.

Check out other auto stocks making moves in the premarket.

Joseph Terranova of Virtus Investment Partners said, "You're getting a pullback here in health care. It's my favourite sector of the year." He named Merck & Co., Inc. (NYSE:MRK) as his final trade, recommending to take advantage of a 5% pullback.

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