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On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said JPMorgan Nasdaq Equity Premium Income ETF JEPQ sold calls on the Nasdaq. The ETF has an annualized premium income of 17%, she said.
Shannon Saccocia of Boston Private chose Advanced Micro Devices, Inc. AMD as her final trade. Despite being “cautious in semis,” AMD is a good pick, as the company is “very strong in datacenters and plans to “clear out inventory in Q4,” she stated.
Although PCs are struggling, the company is taking market share from Intel Corporation INTC, which “should offer a tailwind for the stock going into next year,” Saccocia added.
Check out other stocks making moves in the premarket.
Jason Snipe of Odyssey Capital Advisors said Blackstone Inc. BX had raised $45 billion in the third quarter, which was a very difficult market environment.
Stephen Weiss of Short Hills Capital Partners recommended the US 6 Month Treasury as his final trade.
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Image and article originally from www.benzinga.com. Read the original article here.