'Halftime Report' Traders Weigh In On Disney And Dividend Stocks

On CNBC's "Fast Money Halftime Report," Stephen Weiss said he sold his position in Walt Disney Co DIS because he has enough exposure in the stocks that should do well if get a vaccine.

Disney is still going to bleed cash, everybody loves it and most of the good news is already in the stock, thinks Weiss. He believes it will trade higher, but he doesn't see much upside for the stock and he thinks others will do better.

Jenny Harrington said that interest rates are so low that they're not a competitor to dividend stocks. At 13 times earnings and less, the dividend stocks are super cheap and they offer a tremendous value, relative to a broader market.

Harrington likes Enterprise Products Partners L.P. EPD, which has a dividend yield of almost 10% and it trades at 10 times forward earnings. It has very little exposure to crude oil, but it still trades along with crude oil. She would also look at Kinder Morgan Inc KMI.

Loading...
Loading...
DIS Logo
DISThe Walt Disney Co
$121.290.56%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
74.82
Growth
91.47
Quality
N/A
Value
52.11
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...