'Halftime Report' Traders Advise Viewers On Nike, Cisco And More

On CNBC's "Fast Money Halftime Report," Jim Cramer said he likes Nike Inc NKE and he is not backing away because someone was selling the stock on Wednesday. He is a buyer of the stock.

Stephanie Link owns Coca-Cola Co KO shares and she thinks it's a smart investment. She is surprised the stock is down 3% year-to-date, while PepsiCo, Inc. PEP is up 6%. You get a 3% dividend yield while you wait for the reopening trade to start working, explained Link. She thinks Coca-Cola is the reopening stock because of its exposure to restaurants and overseas. She is sticking with the stock.

Joe Terranova advised a viewer to increase his position in ProShares Pet Care ETF PAWZ. He owns the ETF and he is not getting out for a long time.

Jon Najarian owns shares in Palantir Technologies Inc PLTR. He is selling at the money calls against his long position and he is rolling the position when these options go in the money by more than a dollar. That is when he buys calls back and he rolls up.

Degas Wright thinks Cisco Systems, Inc. CSCO is a great stock. He believes it is a buy at these levels.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!