'Halftime Report' Traders Weigh In On Roblox, Peloton And More
On CNBC's "Fast Money Halftime Report," Joe Terranova said he would wait for a pullback in Crowdstrike Holdings Inc (NASDAQ: CRWD) and Fortinet Inc (NASDAQ: FTNT) because a lot of these cybersecurity stocks have gotten ahead of themselves. He owns both names and he sees Fortinet as a longer-term investment, while he is more inclined to sell Crowdstrike.
Stephen Weiss said Roblox Corp (NYSE: RBLX) is a winner. It missed the quarter, but it has immediately recovered and marched higher. He expects it to continue to move higher, but he would wait for a pullback before buying the stock.
Tiffany McGhee said she hopes Peloton Interactive Inc (NASDAQ: PTON) can reach the $175 price target, but it's not going to happen this year.
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Posted-In: CNBC Fast Money Halftime Report Joe Terranova Stephen Weiss Tiffany McGheeMedia Trading Ideas