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'Halftime Report' Traders Weigh In On Amazon, Cisco And More

Benzinga Real-time News ·  Aug 7, 2020 04:23

On CNBC's "Fast Money Halftime Report," Josh Brown said that Newmont Corporation (NYSE:NEM) is probably the highest quality name among the miners. He owns Barrick Gold Corp (NYSE:GOLD) and Agnico Eagle Mines Ltd (NYSE:AEM).

Jim Lebenthal would stick with CBS Corporation Common Stock (NASDAQ:VIAC). He likes its business model and its Pluto TV acquisition.

CryoPort Inc (NASDAQ:CYRX) is still a buy, said Pete Najarian. He likes the stock.

Procter & Gamble Co (NYSE:PG) is a defensive company, said Brenda Vingiello. She added that it is in the last year of the five year plan to reduce costs, which is going to improve margins. She likes the stock.

Brown thinks that this is not the optimal time to buy Amazon.com, Inc. (NASDAQ:AMZN). He said it should be bought after it announces some bad news and the market gets spooked.

Lebenthal believes that Cisco Systems, Inc. (NASDAQ:CSCO) is still a buy, but he would pair it with a higher growth company. He likes its security and software systems segment.

Najarian said that Canada Goose Holdings Inc (NYSE:GOOS) is probably a little bit undervalued. He expects to see a move higher in the late fall.

Vingiello said that iShares Russell 2000 Index (NYSE:IWM) is lagging the large-cap stocks by 10%. She explained that the economic outlook needs to improve for the stock to move higher.

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