On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said she spent the last two days at a midstream energy conference and “never felt better” about Enterprise Products Partners L.P. (NYSE: EPD).
“It’s a 7% yield. A very safe place to hide in this environment,” she added.
Bryn Talkington of Requisite Capital Management named BHP Group Ltd (NYSE: BHP) as her final trade. “China will reopen. There’s an election year in China.” Talkington said. The stock offers a a 9% yield and $64 is a good entry point, she added.
Check out other reopening plays making big moves in the premarket.
Stephen Weiss of Short Hills Capital Partners recommended to sell Doximity Inc (NYSE: DOCS), citing their disappointing results. He added that the stock is “way too expensive.”
Joseph Terranova of Virtus Investment Partners chose Progressive Corp (NYSE: NYSE:PGR) as his final trade. “Nice shareholder return, buying back stock, returning a dividend,” he said.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read at Benzinga