retirement with e*trade. may not always be clear. but at t. rowe price, we can help guide your retirement savings. so wherever your retirement journey takes you, we can help you reach your goals. call us or your advisor t. rowe price. invest with confidence. >>> we're back on "halftime report." american airlines taking off today. take a look at stock up 2.5%. the biggest bull on the street now names the airline its top pick and says shares are poised to double at least in the next year. our call of the day. joe denardy, research analyst, joins us on the phone. welcome. >> thanks for having me. >> this call turned a lot of heads today. $95 is the price target to a stock that's trading, what, just about 40-ish? >> yeah. i mean, we view the opportunity as the fact that american airlines has a -- essentially a marketing company within itself, and a business of selling miles to credit card companies that is just fundamentally misunderstood by the market. as a result of american and other airlines not properly disclosing that business. and we think as a disclosure begins to improve o

remains our itmenexperien cas yourwld.lge. advisor...emains t. rowe price. investith confidence. >>> we're back on the halftime report. apple shares reversing their early gains today, still heading for the best quarter in five years. and one influential analyst thinks there's a lot more upside to come. bernstein's tony si sacconaghi raising his price target from $120 to $140. you say, how long and how far? and what makes you all of a sudden think that apple can continue to climb, even with the gain that it's had? >> well, good afternoon, scott. our belief is that the stock is still very inexpensive, trading at an enterprise value to free cash flow multiple of just over ten times. that's dramatically below the market and below peers. moreover, we do think that the iphone 8 cycle will be significant and we think there's upward revisions likely. consensus estimates are close to ours around 1029 for fiscal '18. we wouldn't be surprised if that number went north of $11, in part because apple might use repatriated cash to do a buyback. >> best quarter in five years. how much of that,

market.redict but through good times and bad... ...at t. rowe price... ...we've helped our investors stay confident for over 75 years. call us or your advisor. t. rowe price. invest with confidence. please repeat the objective. ♪ thrivent mutual funds. managed by humans, not robots. before investing, carefully read and consider fund objectives, risks, charges and expenses in the prospectus at thriventfunds.com. >>> welcome back, everybody. i'm sue herrera. syrian first responders and activists say an air strike on a mosque in a rebel held area has killed at least 35 people. the british based syrian observatory for human rights say at least 42 people were killed. russian and syrian aircraft are known to operate in that particular region. >>> italy's mouth etna continues to erupt. the volcano spewing lava today. on thursday the volcano unleashed an exposure hurdling steam and rocks raining down on tourist. >>> japan launched a satellite into orbit. it will replace its predecessor that reached the end of its life and will gather information about north korea's missile activities. on a ligh

. cme group: how the world advances. the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence. >>> welcome back to the "half-time report." let's talk inflation. producer prices coming in higher than expected and with another read on inflation, the consumer price index tomorrow at kensho show us which stocks do best as inflation rises. measured 32 periods since 1981 where cpi was between 2% and 3%. cooper companies rose on average 14%. and amphonal around 12.5%. scott, back over to you. >> seema go to cnn.com/pro. >>> a double dose of unusual activity. doc, let's start with you. what have you got today? >> take a look at the activity in weatherford. wft. the stock literally right out of the gate was moving to the downside. as it fell, somebody jumped in and said, hey, i'll take an upside shot in that one. to find their bet, like we were talking top of the show. they know exactly how much they could

at t. rowe price, we can help guide your retirement savings. so wherever your retirement journey takes you, we can help you reach your goals. call us or your advisor t. rowe price. invest with confidence. >>> president nominating dr. skcott as head of food & drug. i read one analyst who said thank got it's gottlieb. why would they have that reaction? >> they were breathing a sigh of relief. he's a known entity in the drug industry and he's a cnbc commentator. let's see who dr. gottlieb is. he's a venture partner at new enterprise associates, 4e's also a doctor at nyu school of medicine, so he's also a doctor which is making more people comfortable. he worked in the medicare and medicaid agencies under george w. bush, so the drug industry giving him a big thumb's up. 87% saying they approve of scott gottlieb's nomination. he needs to get through the senate. 13% don't approve of him. why don't they like him? they know he's a center of the road person. he's also talked a lot about the etchpy pen, trying to make sure we have competition and incre e increasing trance parnltdcy and ver

, and we're usaa members for life. the market.redict but through good times and bad... ...at t. rowe price... ...we've helped our investors stay confident for over 75 years. call us or your advisor. t. rowe price. invest with confidence. >>> welcome back to the "halftime report." i'm fill lebeau. look at shares of general motors moving higher after reports out of europe that general motors and psa group have reached a deal for the sale of openle and box haul from general motors to psa group. the deal will be announce and monday. this has been expected for some time as the negotiations moved along. we heard from general motors ceo mary barrow this week that they were making progress on a potential deal. now it appears it will be announced monday. that's when we will find out what the final price tag here is. most believe it's 1.8 to $2 billion range although it remains to be seen. obligations general motors admitted to in terms of pensions and opel and box haul but it's important because general motors essentially saying we're throwing in the towel when it comes to europe. never made money there since