On CNBC’s “Halftime Report Final Trades,” Degas Wright of Decatur Capital Management said Enterprise Products Partners L.P. EPD has 50,000 miles of pipelines transporting natural gas and diesel. The company offers a 7% dividend yield, he added.
Stephen Weiss of Short Hills Capital Partners chose Devon Energy Corp DVN, saying the company is 50-50 natural gas and oil.
“Management is phenomenal” and natural gas will “continue to go up in price,” he said.
Check out other energy stocks making moves in the premarket.
Joseph Terranova of Virtus Investment Partners said there is momentum in Nvidia Corporation NVDA and it’s not a time to sell shares.
Jim Lebenthal of Cerity Partners named Exxon Mobil Corp XOM as his final trade.
Liz Young of BNY Mellon Investment Management chose iShares US Consumer Discretionary ETF IYC. Young said she expects the growth sector to “lead us out of this bear market.”
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