On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management chose SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA: XOP) as her pick.
Talkington said that “a good cover call strategy would be to sell the June 134s,” which gives 9% upside on the asset and “you collect around $8 which is a little over 6% premium income, all for a little over three months holding period.”
Jason Snipe of Odyssey Capital Advisors said Palo Alto Networks Inc (NASDAQ: PANW) was his favorite among cybersecurity stocks, citing “12% EPS growth in the last quarter, almost 30% revenue growth.” Snipe recommended to “stay long.”
Jon Najarian named CSX Corporation (NASDAQ: NASDAQ:CSX) as his pick, while Jim Lebenthal of Cerity Partners cited SPDR S&P 500 ETF Trust (NYSEARCA: SPY (NYSE:SPY)) as his choice.
Also Read: CNBC's Final Trades: SoFi Technologies, Foot Locker (NYSE:FL), FedEx (NYSE:FDX) And This Mining Stock
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