On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management recommended JPMorgan Equity Premium Income ETF (NYSE:JEPI) “if you want to upgrade your portfolio, defensive strategy, equal-weight strategy, high quality names, call premiums, distributable yield of around 10% to ride out the volatility.”
Kourtney Gibson of Loop Capital Markets chose Starbucks Corporation (NASDAQ:SBUX), citing the reopening in China, the fact that CEO Howard Schultz “wastes no time getting us back to basics” and the massive share price decline. Shares of Starbucks have lost over 37% year to date.
