On CNBC’s “Halftime Report Final Trades,” Degas Wright of Decatur Capital Management said he liked Costco Wholesale Corporation (NASDAQ: NASDAQ:COST) because of it “selling discounted price products to consumers looking for value and convenience.”
Shannon Saccocia of Boston Private chose VMware, Inc. (NYSE: VMW) as her final trade, saying that the company is “moving from core servers to subscription-based products.” Saccocia added that she believed that “hybrid environments are here to stay.”
Check out other subscription stocks making moves in the premarket.
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Stephen Weiss of Short Hills Capital Partners said Volkswagen (ETR:VOWG_p) AG (OTCMKTS: VWAGY) is among “lots of companies selling at private equity multiples.”
Joshua Brown of Ritholtz Wealth Management stated, “If you have short-term money, and you’re not a 100% sure what to do, don’t just buy consumer staple or throw money at a stock just because it fell.” iShares 1-3 Year Treasury Bond ETF (NASDAQ: SHY) offers a “pretty decent yield,” he added.
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