Why Home Depot Is A Buy If 'Rates Are Peaking' And These 3 Energy Majors On CNBC's 'Final Trades'

On CNBC’s “Halftime Report Final Trades,” Joseph Terranova of Virtus Investment Partners chose Valero Energy Corporation (NYSE: VLO) as his final trade, although the stock has gained 70% year to date.

Victoria Greene of G Squared Private Wealth said she would buy shares of Devon Energy Corp (NYSE: DVN). They spent $1.5 billion in cash on the bolt-on acquisition, she added.

Check out other stocks making moves in the premarket.

Karen Firestone of Aureus Asset Management named Home Depot Inc (NYSE: HD), saying that “if rates are peaking, that is the place you want to be.” The stock is down to a below-market multiple, she added.

Stephen Weiss of Short Hills Capital Partners recommended buying Home Depot shares when the stock hits 250. He chose Chevron Corporation (NYSE: CVX) as his final trade.

Now Read: Jim Cramer Says Tesla Has 'The Worst Chart I've Ever Seen': Is He Still A Believer?

Photo: Courtesy of Mike Mozart on flickr