'Halftime Report' Trades Discuss Morgan Stanley, Nike And More

On CNBC's "Fast Money Halftime Report," Joe Terranova said he's going to hold on his long position in Morgan Stanley MS and he's not going to add more shares. He is in the stock on the belief that the E*Trade acquisition was a good one, but he is not seeing the type of price reaction that he was hoping for.

Stephen Weiss thinks American International Group Inc AIG is a buy. He likes its dividend yield and he believes that it deserves to double from here.

Jim Lebenthal recently bought Medtronic PLC MDT. He expects it to rally when we get past COVID.

Karen Firestone likes Charter Communications Inc CHTR, but she wouldn't have a full position now due to price.

Terranova wouldn't sell Nike Inc NKE. He expects it to get above $100 after the earnings report in September.

Weiss believes that United Parcel Service, Inc. UPS is a better buy than FedEx Corporation FDX. He likes the UPS dividend yield and the management has done a better job recently.

Lebenthal explained that Marathon Petroleum Corp MPC outperformed its peers on the news of the sale of its Speedway gas-station unit. He would wait for the final price tag because the sale could have a very positive impact on the company's capital structure.