On CNBC’s “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors chose AutoZone Inc (NYSE: NYSE:AZO), saying there was a “nice beat on the top and bottom line, comps are up 6.2%.”
Bryn Talkington of Requisite Capital Management recommended buying Devon Energy Corp (NYSE: NYSE:DVN) at the current price. “Sell the January 23 75 strike cover calls,” she said. “You collect $4.50, which is 7% yield,” along with a 2% dividend in December, which translates to “a 9% income for the next five months even if the stock does nothing.”
Check out other stocks making moves in the premarket.
Sarat Sethi said that Morgan Stanley (NYSE: NYSE:MS) is “trading at 10 times earnings and the 3% dividend yield gives a margin of safety.”
Joseph Terranova of Virtus Investment Partners chose CBOE Global Markets Inc (BATS: CBOE) as his final trade.
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