On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said her mentor once told her that “one bets against the U.S. at one’s own peril.” She added to this saying, “One bets against the U.S. consumer at one’s own peril.”
Talkington named Foot Locker , Inc. (NYSE: NYSE:FL) because the stock offers a 5.9% yield and is trading at six times earnings.
Check out other stocks making moves in the premarket.
Rob Sechan of New Edge Capital Group said Vertex (NASDAQ:VRTX) Pharmaceuticals Incorporated (NASDAQ: VRTX) is the “cheapest of the defensives.” Sechan further mentioned that Vertex is a “high quality pharma name, with a great growth and profitability profile” and that its pipeline is “incredibly robust.”
Joseph Terranova of Virtus Investment Partners chose BlackRock Inc (NYSE: NYSE:BLK) as his final trade.
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