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'Fast Money' Traders Weigh In On Verizon And NetApp

'Fast Money' Traders Weigh In On Verizon And NetApp

On CNBC's "Fast Money Halftime Report," Bonawyn Eison spoke about Verizon Communications Inc. (NYSE: VZ). He sees it as a sound investing strategy if you are looking for a bit more stable company.

Karen Finerman doesn't like to buy stocks for a dividend. She thinks Verizon is not crazy expensive and although it's not super exciting, it shouldn't have a lot of downside risk.

Dan Nathan would stay away from Verizon because it has already moved higher. He would buy AT&T Inc. (NYSE: T) because it has a nice dividend yield and it is planning to sell DirecTV, which should be a positive catalyst.

Eison said NetApp Inc. (NASDAQ: NTAP) has been in a downtrend for more than two years. He would wait for the stock to jump above its 200-day moving average and hold some type of level. The medium-term trend doesn't look attractive to Eison.

Nathan thinks NetApp is okay. He sees a good balance sheet and he thinks that the stock is cheap and that there is not a lot of downside for the name. Its only problem is a lack of growth.


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Posted-In: Bonawyn Eison CNBC Dan Nathan Fast Money Karen FinermanMedia Trading Ideas