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Morgan Stanley, Chubb, CVS Health And An ETF Up 19% YTD: CNBC's 'Final Trades'

Author: Lisa Levin | August 09, 2023 07:37am

On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management said JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) has a distribution yield of around 10%

Josh Brown of Ritholtz Wealth Management named Chubb Limited (NYSE:CB), which is an insurance name.

Chubb reported better-than-expected second-quarter results.

Benzinga's analyst rating's data shows a consensus Overweight rating on Chubb.

Sarat Sethi said Morgan Stanley (NYSE:MS) was unfairly beaten down on Tuesday and has nothing to do with regional banks.

Morgan Stanley recently reported better-than-expected second-quarter financial results.

Stephanie Link of Hightower said CVS Health Corporation (NYSE:CVS) is "really cheap."

CVS Health’s second-quarter sales increased 10.3% year-over-year to $88.9 billion, beating the consensus of $86.74 billion, driven by growth across all segments. Adjusted EPS was $2.21, beating the consensus of $2.12.

Don’t forget to check out our premarket coverage here

Price Action: CVS Health shares gained 0.1% to settle at $74.00, while Morgan Stanley shares fell 0.7% to close at $88.47 on Tuesday. Chubb shares declined 1% to $201.08, while JPMorgan Nasdaq Equity Premium Income ETF fell 0.7% to $48.41 on Tuesday.

Check This Out: Investor Sentiment Declines After Moody's Downgrades Credit Ratings Of Banks

Photo: Shutterstock

Posted In: CB CVS JEPQ MS

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