CNBC's Final Trades: Uranium, Cash, Union Pacific And This Other Transportation Company

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management recommended to buy Sprott Uranium Miners ETF URNM and sell the October 70s to collect $6.50. “So, close to 10% income on a call for about five months,” she added.

Stephen Weiss of Short Hills Capital Partners said he was “still saying in cash.”

Also Read: Elon Musk Sees These 2 Prominent EV Makers Headed Toward Bankruptcy

Jim Lebenthal of Cerity Partners chose Union Pacific Corporation UNP as his final trade, saying that “a lot of construction is going to go on the next few years.” He added, “That’s a lot of material that has to be transported in bulk, and railroads are the way to do it.”

Check out other stocks making moves in the premarket.

Josh Brown of Ritholtz Wealth Management mentioned that FedEx Corporation’s FDX stock seems to have “put in a longer-term bottom.” He added that he was staying long.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasMediaTrading IdeasBryn TalkingtonCNBCJoshua BrownRequisite Capital ManagementRitholtz Wealth ManagementShort Hills Capital PartnersStephen Weiss
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!