On CNBC's "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners chose General Motors Company (NYSE:GM), saying that discretionary stocks had "held up pretty well" for the last three months. "There is a reason for that strength. It's undervalued, with good demand," he added.
Bryn Talkington of Requisite Capital Management said Wynn Resorts, Limited (NASDAQ:WYNN) could benefit from China reopening after elections next month. She recommended buying Wynn Resorts and "sell the January, $77.50 calls". "You can collect around $5 for 4 months. That's about a 7.5% yield," Talkington mentioned. Plus, the stock has a 15% upside, she added.
Check out other stocks making moves in the premarket.
Jason Snipe of Odyssey Capital Advisors chose Honeywell International Inc. (NASDAQ:HON), citing their "really strong" earnings report, with low double-digit earnings growth and a "solid" balance sheet. The company has diversified end markets, he added.
Joseph Terranova of Virtus Investment Partners said that consumer discretionary stocks have a "strong quarter to date performance. He chose Hershey Co (NYSE:HSY) as his final trade.
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