Guy Adami And Chad Morganlander Share Their Thoughts On AMD, PayPal, Chesapeake And More

Chad Morganlander said on CNBC's "Power Lunch" that he would sell Advanced Micro Devices, Inc. AMD because it's a high momentum stock and it's now trading close to its top.

Guy Adami believes that Advanced Micro Devices is a buy, because its graphic cards are used for bitcoin mining.

Morganlander thinks Paypal Holdings Inc PYPL is a buy. He sees a higher revenue over the next five years. Adami also sees more upside for the stock and he wants to buy it.

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Adami thinks that the risk-reward is attractive in Chesapeake Energy Corporation CHK. He advised viewers to buy it, if they think that crude oil is going to $55. Morganlander would avoid the stock because he is concerned about crude oil and natural gas price.

Constellation Brands, Inc. STZ should be sold, thinks Adami. Morganlander has a Hold rating on the stock. He thinks there are better stocks in the space to buy.

Morganlander thinks that Tesoro Corporation TSO is going to have a slow revenue growth in the coming years and he would sell the stock. He added that margins are going to be under pressure. Adami is a buyer because Morgan Stanley has a price target of $110 for the stock and Barclays values it at $118.

Both Adami and Morganlander see Under Armour Inc UAA as hold.

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Posted In: CNBCMediaTrading IdeasChad MorganlanderGuy Adami
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