Joshua Brown of Ritholtz Wealth Management said iShares US Oil & Gas Exploration & Production ETF (BATS:IEO) represents cheap stocks with healthy dividend. Brown added that he expects earnings to grow “into the end of this year.”
Check out other stocks making moves in the premarket.
Jon Najarian mentioned that he had bought January calls for Snap Inc (NYSE:SNAP).
Joseph Terranova of Virtus Investment Partners named Archer-Daniels-Midland Co (NYSE:ADM) as his final trade, saying it has a “nice risk to reward set up.” The stock is “down significantly from the $98 high in late April,” he added.
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