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Fast Money Halftime Report Traders Share Their Low Gasoline Price Picks

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On CNBC's Fast Money Halftime Report, Jon Najarian and Jim Lebenthal spoke about stocks that should benefit in the low gasoline price environment.

Najarian thinks that Tesoro Corporation (NYSE: TSO) and Valero Energy Corporation(NYSE: VLO) should do well because a year ago, when crude oil was trading in $50s, gasoline was $2 and now, crude oil is trading around $35 and gasoline is still close to $2.

Lebenthal thinks that bargain retailers are beneficiaries of low gas price. He explained that consumers are going to start spending soon and they are going to do that at Wal-Mart Stores, Inc. (NYSE: WMT), Dollar General Corp. (NYSE: DG) and J C Penney Company Inc (NYSE: JCP).

Posted-In: CNBC Jim Lebenthal Jon Najarian Fast MoneyIntraday Update Media

 

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