On CNBC’s “The Final Call,” Carter Worth said that several stocks had rallied substantially to difficult levels. Advanced Micro Devices Inc. (NASDAQ: NASDAQ:AMD) and Caterpillar Inc. (NYSE: NYSE:CAT) are two such stocks, Worth says.
Check out other overvalued stocks making moves in the premarket.
Tony Zhang said Uber Technologies Inc . (NYSE: NYSE:UBER) has continued to dominate on market share and starts to focus on profitability. Zhang mentioned that he believed now is a good time to begin investing in Uber Technologies, by selling some put options going into earnings.
Mike Khouw stated that Intel (NASDAQ:INTC) Corporation’s (NASDAQ: INTC) earnings were disappointing but Advanced Micro Devices “isn’t Intel.”
Image: AMD headquarters
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