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Stephanie Link spoke on the show about a 4.72 percent increase in price in
Wal-Mart Stores, Inc.WMT. Trading at 15 times forward earnings, the stock is a bit ahead of itself, thinks Link.
Joe Terranova said that
Kohl's CorporationKSS missed on earnings estimates and on its October 27 pre announcement. He would rather be in the hypermarket space, in stocks like
Wal-Mart Stores, Inc.,
Target CorporationTGT and
Costco Wholesale CorporationCOST.
Josh Brown would be a buyer of
J C Penney Company IncJCP on Thursday as it managed to hold above $7. He added that the current price level was a strong support back in April when the stock had a massive rally. The stock fell 8.51 percent on Thursday and closed at $7.10.
Jon Najarian said that
Broadcom CorporationBRCM reached new 52 week high. He explained that even if the company exits some of its business segments it should do well on the strength of the remaining segments. Najarian concluded that the stock benefited from good iPhone sales.
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