On CNBC’s “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management said Domino's Pizza Inc’s DPZ stock could add 100 points “if we start worrying about anything to do with COVID once again.”
“I think the stock’s way too cheap fundamentally and that would be the catalyst,” he added. Brown further said that he was thinking about this stock as a potential hedge.
Stephanie Link of Hightower said that Nike Inc. NKE “dominates the U.S.” and a “shift to DTC will help margins.
“The stock’s traded 20 times ‘24 numbers,” she added.
Check out other stocks making moves in the premarket.
Jenny Harrington of Gilman Hill Asset Management recommended SL Green Realty Corp. SLG for its 9.4% yield and “if you believe people need to go into the city,” especially New York City.
Jim Lebenthal of Cerity Partners said he plans to add positions of Kinder Morgan Inc. KM just before it reports earnings on Wednesday.
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